Financial Calculators
Student Loan Calculator
Plan your student loan repayment.
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Enter details
$
%
Result
Monthly payment
$333.06
Total paid
$39,967.38
Total interest
$9,967.38
About the Student Loan Calculator
Plan your student loan repayment with confidence. Enter your loan balance, interest rate, and repayment term to see the monthly payment, the total you'll repay, and the total interest. Use it to compare the standard 10-year plan against a longer term, or to see how much interest you'd save by paying extra each month.
How to use the Student Loan Calculator
- 1Enter your loan balance, interest rate, and repayment term.
- 2Read the result instantly — it recalculates as you type.
- 3Adjust the numbers to model different scenarios.
Frequently asked questions
How long does it take to pay off student loans?
The standard federal plan is 10 years, but terms range from 10 to 25 years. A longer term lowers the payment but raises total interest.
Should I pay extra on my student loans?
Extra payments go straight to principal and cut total interest — especially valuable on higher-rate private loans.