Student Loan Calculator

Plan your student loan payoff and compare repayment strategies.

%
years
Additional payment towards principal.
Monthly Payment

0

Debt-free by - (0 years)

Total Paid

0

Interest

0

Payoff

0 yrs

Effective

0

Loan Balance Over Time

Documentation

Repayment Plan Options

Standard

Fixed monthly payments over 10 years. Lowest total interest paid.

Graduated

Payments start low and increase every 2 years. Good for growing incomes.

Income-Driven

Payments based on income (10-20%). May qualify for forgiveness after 20-25 years.

Last Updated: February 2026 • Consult with your loan servicer for exact repayment options.

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How to Use

About the Student Loan Calculator

What it calculates

This student loan calculator helps you model financial decisions with accurate formulas and clear outputs. Plan student loan repayment and compare strategies.

When to use it

Use when comparing loan terms, investment returns, taxes, or savings scenarios before making money decisions.

Example

Adjust the inputs above to model your specific scenario with the Student Loan Calculator.

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