- A cost equal to step 1% of your outstanding harmony of your own student loan (whether or not that it matter is lower versus complete payment in fact made), otherwise
- Completely paid commission that have documented installment terminology.
In advance of 2017, loan providers were still needed (not just to own deferrals) to use step 1% of one’s student loan balance to find the customer’s DTI, as opposed to the actual student loan payments.
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