Student Loan Calculator
Federal and private student loans repay over 10-25+ years depending on plan. Enter balance, APR, and term—or target payment—to see amortization, total...
Enter values and click Calculate.
Schedule
Introduction
Federal and private student loans repay over 10-25+ years depending on plan. Enter balance, APR, and term—or target payment—to see amortization, total interest, and payoff timeline.
Student Loan Repayment
Federal and private student loans repay over 10-25+ years depending on plan. Enter balance, APR, and term—or target payment—to see amortization, total interest, and payoff timeline.
Federal Repayment Plans
Standard plans use fixed payments over 10 years. Income-driven plans cap payments at a percentage of discretionary income and may forgive remaining balance after 20-25 years—often with tax implications on forgiven amounts.
Subsidized vs Unsubsidized
Subsidized federal loans do not accrue interest during eligible deferment; unsubsidized loans accrue from disbursement. Capitalized interest increases balance when deferment ends.
Refinancing
Private refinance can lower APR for strong credit but forfeits federal protections (IDR, forgiveness, deferment). Model break-even carefully.
Related Tools
Repayment Calculator, College Cost Calculator, Debt Payoff Calculator.
How It Works
- Enter your amounts, rates, and term in the form. Use the same units shown in the labels (dollars, years, percent).
- Click Calculate to run the Student Loan Calculator engine. Invalid or empty required fields show a clear error message.
- Review the summary cards for the key outputs. Expand schedules or tables when available for period-by-period detail.
- Copy, print, or share your scenario link. Reset the form anytime to start a fresh comparison.