<prompt> Human: Hello PF,I was wondering why my student loan says 5.75 but it seems like the amount going to interest is way higher. Can someone please explain this to me? The link shows two pictures, the first one shows my loan balance which is 2250, a 5.75 fixed subsidized interest rate and that my auto debit amount per month is 38.72.The second picture shows that each month, of my 38.72 I am paying towards the loan, about 27 changes each month by some cents goes to the principal, and about 11 goes to interest. Can anyone please explain why this is so high? I figure interest should only be about 2 each month if its only 5.75. Thanks!  <response>: 2243.81 .0575 12 10.75 in interest per month. Looks correct. 