🎓 Student Loan Calculator

Calculate student loan payments and explore repayment options for federal and private education loans

Enter your loan information to calculate payments

Loan Amount ($)

Annual Interest Rate (%)

Loan Term (Years)

Extra Monthly Payment ($)

• Make extra principal payments to reduce total interest

• Consider bi-weekly payments instead of monthly

• Shop around for the best interest rates

• Improve your credit score before applying

• Results are estimates for comparison purposes

• Actual rates may vary based on credit and lender

• Consider additional costs like insurance and taxes

• Consult with financial advisors for major decisions

1. Enter total student loan amount

2. Input interest rate (federal or private)

3. Select repayment term (10-30 years)

4. Choose repayment plan type

5. Calculate monthly payments

6. Compare different repayment strategies

✓ Federal vs private loan calculations

✓ Multiple repayment plan options