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Our Student Loan Repayment Calculator is designed to help borrowers understand the true cost of education debt. Whether you have federal loans like Direct Subsidized, Unsubsidized, or private student loans from banks and lenders, this tool provides a clear monthly payment estimate along with total interest paid over time. Plan smarter, compare refinance options, and eliminate guesswork from your repayment strategy.
Instantly compare repayment costs between federal student loans and private refinancing options to identify potential savings.
View how much of your monthly payment goes toward principal vs interest with a full amortization schedule and payment timeline.
Download your repayment summary as a PDF or share it instantly with financial advisors, family, or co-signers.
Student loan debt in the United States exceeds trillions of dollars, making it one of the largest financial obligations for graduates. Whether you hold federal student loans or private education loans, understanding your repayment options is critical to long-term financial stability.
Our Student Loan Repayment Calculator helps borrowers estimate monthly payments, total interest costs, and refinancing savings. You can compare Standard Repayment Plans, Income-Driven Repayment (IDR) plans, and private refinance options to determine the most cost-effective strategy.
Before making refinancing or consolidation decisions, use this calculator to analyze APR differences, repayment terms, and long-term impact on your budget. A small rate reduction can potentially save thousands of dollars over time.
Income-Driven Repayment plans adjust your monthly federal student loan payment based on your income and family size. Payments are typically capped at a percentage of discretionary income and may offer loan forgiveness after 20–25 years.
The SAVE Plan is a federal student loan repayment option designed to lower monthly payments for eligible borrowers. It replaces the REPAYE plan and offers interest benefits to prevent balances from growing.
Borrowers working full-time for qualifying government or non-profit organizations may be eligible for Public Service Loan Forgiveness after making 120 qualifying payments under an eligible repayment plan.
Refinancing may lower your interest rate, but it converts federal loans into private loans, removing access to federal benefits such as IDR and forgiveness programs. Always compare carefully before refinancing.