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Student Loan Calculator

Use our Student Loan Calculator to help plan your monthly loan payments for your student loans. Just follow the simple steps to calculate your loan payments now!

About Loans student loan calculator

You've finally done it! After years of sleepless nights, countless hours of studying, and more than one weekend of partying you're finally out of college and ready to find your way in society. Soon your grace period will be subsiding and the loan repayment process will begin. If you haven't done so already, it may be a good time to go out and start that career you've always dreamed about. Uncle Sam will only wait 6 to 9 before he starts to demand repayment and if you're not prepared, you may find yourself trapped in a downward spiral of financial ruin that will be near impossible to recover from! DON'T let that happen! The first thing you need to do is sit back, take a deep breath, and calm yourself. Once you've settled down, use our loan repayment calculator to see just how much Uncle Sam is going to pry from your pockets each month and how much salary you'll need to make to sustain consistent payments.

Calculate your loan payments now

Student Loan Repayment Calculator
Monthly Payments (For example, a 10 year loan would be 120 months)   
Interest Rate (Perkins loans are a fixed 5%, Stafford a fixed 6.8%)   
Total Loan Amount (The principal balance of the loan) $
Your Expected Monthly Payment (Prinipal and interest) $
Total Interest Payment (Interest paid over the life of the loan) $
Salary Required (The yearly salary suggested to make payments) $
 

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