Paying Down Student Education Loans Early. Do these figures look fairly proper?

Paying Down Student Education Loans Early. Do these figures look fairly proper?

We presently owe $34,558.00 in student education loans ($31,000.00 principal + $3,601.83 unpaid interest accrued thus far) by having a typical rate of interest of 4.877%. I recently began working time that is full$70,000 GAI) and I also can now begin making re payments.

I would ike to find out the way that is best to pay off loans as soon as possible without totally depleting my earnings, thus I’ve show up using the following table (numbers depend on this website http: //studentloanhero.com/calculators/student-loan-prepayment-calculator/):

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