Student Loan Calculator
Calculate monthly student loan payments and total repayment cost.
Files processed in your browser — never uploaded to our serversFrequently Asked Questions
Federal student loans default to a 10-year (120-month) repayment term. Income-driven repayment plans can extend this to 20–25 years.
Subsidized loans don't accrue interest while you're in school. Unsubsidized loans accrue interest from the day they're disbursed.
Extra payments reduce your balance and total interest. For federal loans, check if income-driven forgiveness applies — extra payments may not always be optimal.
Refinancing replaces federal or private loans with a new private loan, potentially at a lower rate. Note: refinancing federal loans into private loans loses federal benefits like income-driven repayment.