I used to pay a little extra every month for my student loans, but with my interest rates at 2.75% I decided to just pay the minimum payment. I owe about 110,000 still. I was looking over my principal and see that every few days the value is going up... for example one week I owed 110,083 and then the next week it was up at 110,107 and so on.

So I contacted the loan company and this is what they sent me and I don't quite understand it. They say I have 292 payments left and by payments right now are 604/mo.

I've attached their email to me when I asked them to explain it.