Student Loan Calculator
Repayment plan and total interest.
Enter your values
Results update instantly as you type — no submit needed.
Results
- Monthly payment
- $423.79
- Payoff time
- 10 yr 0 mo
- Total interest
- $12,854.64
- Total repaid
- $50,854.64
- Interest saved by extra payments
- $0.00
Quick answer
Standard student loan repayment runs 10 years; extending the term lowers payments but sharply increases total interest.
How to use the Student Loan Calculator
- 1Enter your total student loan balance.
- 2Enter the weighted average interest rate.
- 3Try adding an extra monthly payment.
Frequently asked questions
Should I pay extra on the highest rate loan?
Yes — target the highest rate first while paying minimums elsewhere.
Do income-driven plans cost more?
Usually yes in total interest, though they can end in forgiveness.