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Student Loan Calculator


Take the guesswork out of estimating your monthly student loan payments. Use this Loan Repayment Calculator to get an idea of how much you'll pay each month on your Federal Stafford, PLUS, or private student loans, and how different interest rates affect your future monthly payments.

This calculator assumes the standard student loan repayment period of ten years, or 120 months, and a minimum monthly payment of $50 (as required by most lenders).

To use the calculator below, plug in your current student loan balance and interest rate (top row). Then click somewhere in the Monthly Payment box to view your results.

Student Loan Balance

Interest Rate

% (ex 7.5)

 

Balance:
$
Interest Rate:
%
Repayment Term:
120 months
Monthly Payment:
$ *


*CALCULATIONS ARE ESTIMATES ONLY.

Student Loans