Student Loan Repayment Calculator
Calculate your student loan monthly payment, total interest, and payoff timeline. See how extra payments accelerate payoff.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
Results
Monthly Payment
$379.84
How to Use This Calculator
- Enter your current student loan balance.
- Set the interest rate on your loans — federal student loans range from about 3% to 7%.
- Enter the loan term in years (the standard repayment plan is 10 years).
- Add an extra monthly payment to see how much interest and time you save.
- Review the monthly payment, total amount paid, total interest, and payoff timeline.
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