surreal1221

So I've heard a lot of people speaking of $900 minimum monthly loan payments. That's outrageous in my eyes. So, in an effort to try to understand how this all works. . . please correct me in anything you read below.

I'm looking at roughly 40k worth of training costs post PPL (Program costs 36k, but I'd like to cover myself for any extra hours that may be needed). COM thru to MEI.

25k loan + 15k from savings (can go to 18-20k if needed, and may end up doing that anyways - just don't want, nor do I plan to, drain my whole savings account for this). VA will reimburse me the 15k, so I'm still looking at anywhere from a 25-30K (30k on the high side) loan.

All the calculators I'm using are showing the following, perhaps someone can tell me where I am going wrong.

A) $25,000 loan - 13.00% APR - 15 year loan - No deferment (sp?)
$316 payment per month for 179-180 months. (With interest loan = $56,880)

B) $30,000 loan - 13.00% APR - 15 year loan - No deferment (sp?)
$379 payment per month for 179-180 months. (With interest loan = $67,841)

C) $25,000 loan - 13.00% APR - 15 year loan - No deferment (sp?) - $15500 (VA moneys) one time payment in Nov. of the first year of the loan.
$316 payment per month for 40-41 months. (With interest loan = $12965)

D) $30,000 loan - 13.00% APR - 15 year loan - No deferment (sp?) - $15500 (VA moneys) one time payment in Nov. of the first year loan.
$379 payment per month for 53-54 months. (With interest loan = $20,466)

Am I making sense of this right? The interest rate is a high estimate, both myself and my co-borrower have credit scores in the upper 700's low 800's.

Can anyone tell me how a 12 month deferment would play into the bottom two options? And also, does anyone know if the lenders allow you to come out of deferment early?