Finance Tools
Student Loan Payment Calculator
Estimate your monthly student loan payment, total amount repaid, and total interest for a fixed-rate student loan.
Use this calculator to estimate your monthly student loan payment, total amount repaid, and total interest cost for a fixed-rate student loan.
How to use this student loan payment calculator
- Enter your total outstanding student loan balance.
- Enter the annual interest rate (APR) on your student loan.
- Enter the repayment term in years.
- Click Calculate to see your estimated monthly payment, total amount repaid, and total interest cost.
Example
For example, if you owe $35,000 in student loans at 5.5% interest over 10 years, this calculator will show:
- Your estimated monthly payment amount.
- The total amount you will repay over the full term.
- The total interest you will pay on your student loan.
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