Federal and private student loans come with very different interest structures, repayment plans, and forgiveness options, which makes a generic payment estimate less useful than one built specifically around your loan type. Enter your balance, interest rate, and repayment term, and this student loan calculator shows your monthly payment and total interest over the life of the loan.
Student Loan Calculator
Estimate your monthly payment and evaluate standard versus extended repayment options.
Repayment Term Side-by-Side Comparison
| Term Length | Monthly Payment | Total Interest | Total Repaid |
|---|
Principal Balance Breakdown Over Time
Repayment term has an outsized effect on total cost here — stretching payments over a longer standard or income-driven plan lowers your monthly bill but can significantly increase total interest paid over time. Running a few different term lengths side by side makes that tradeoff concrete instead of abstract, especially useful before choosing between a standard 10-year plan and an extended repayment option.
If student loan payments are just one piece of a larger monthly debt picture, our debt consolidation calculator can show whether combining balances would actually lower your total interest. And if you’re weighing a private loan as an alternative, our personal loan calculator can help you compare the numbers.