Finance tool

Student Loan Calculator

Calculate your student loan monthly payments and payoff timeline. Estimate total interest costs and see how much you can save by making extra monthly payments toward principal.

✓ Ready to use in your browser

Tool workspace

Free to use

Student Loan Calculator

$
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Years
$

See how much faster you can be debt-free!

Monthly Pay

$0

Payoff Time

0y 0m

Crush Your Student Loans

Student loans can linger for years, accumulating thousands in interest. Use our calculator to see exactly how your payments break down and discover the power of making extra payments.

How to Pay Off Loans Faster

  • ✓Pay more than the minimum: Even an extra $50 a month can shave years off your repayment term.
  • ✓Refinance: If you have good credit, refinancing to a lower interest rate can save you money immediately.
  • ✓Bi-weekly payments: Making a half-payment every two weeks results in one extra full payment per year without much effort.

About this free tool

Use Student Loan Calculator in your browser

Calculate your student loan monthly payments and payoff timeline. Estimate total interest costs and see how much you can save by making extra monthly payments toward principal. It runs directly in your browser, so you can start straight away without creating an account or installing anything.

Simple to start

Open the workspace above, choose your options, and get the result when you need it.

Made for any screen

The controls are designed to stay usable on phones, tablets, and desktops.