Finance Tools
PSLF Forgiveness Estimator
Estimate remaining PSLF qualifying payments (up to 120) and project potential loan forgiveness based on your balance, rate, and qualifying monthly payment.
Estimate potential PSLF (Public Service Loan Forgiveness) impact by projecting how many qualifying payments remain (up to 120) and estimating how much balance could be forgiven based on your expected qualifying monthly payment.
How to use this pslf forgiveness estimator
- Enter your current loan balance and interest rate.
- Enter how many qualifying payments you’ve already made (0–120).
- Enter your expected qualifying monthly payment (or estimate it).
- Calculate to estimate remaining time to 120 payments and potential forgiven balance.
Example
If you have $50,000 remaining at 6.5% and have made 36 qualifying payments, this tool estimates:
- How many payments remain to reach 120
- Projected amount paid until 120
- Estimated balance that could be forgiven
More tools in Finance Tools
- Student Loan Forgiveness Calculator
Estimate remaining student loan balance and potential forgiveness after a chosen timeline based on your expected monthly payment. Optionally estimate taxes on forgiven amount.
- Income-Based Repayment (IBR) Calculator
Compare a standard student loan payment with an income-based repayment amount based on your annual income and payment percentage.
- Education Loan Repayment Calculator
Calculate education loan repayments for monthly, biweekly, or weekly schedules. See repayment amount, total repaid, and total interest.
- Parent PLUS Loan Repayment Calculator
Estimate Parent PLUS loan repayment amounts and total interest for a fixed-rate loan. Compare monthly, biweekly, and weekly repayment schedules.