Student Loan Calculator
Map out repayment
Monthly Payment
$397
Total Interest
$12,690
Total Paid
$47,690
Your estimated payment is $397/mo
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How to use this calculator
- 1
Enter your balance
Set the Loan Balance to the total amount you need to repay.
- 2
Set the rate
Enter your student loan interest rate. Federal and private rates differ, so use the rate on your loan documents.
- 3
Choose the term
Standard repayment is 10 years (120 months), but plans can run up to 25 years.
- 4
Review costs
See your monthly payment and the total interest you'll pay over the life of the loan.
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