Debt calculator
Student Loan Payoff Calculator
Use this free student loan payoff calculator to estimate repayment time, total interest, and the benefit of making extra monthly payments. It makes student loan planning easier by helping users understand repayment tradeoffs before adjusting their budget.
Your estimate
Enter your figures and calculate.
What this calculator does
This calculator provides a simplified student-loan payoff estimate.
How to use it
- Enter the balance and APR.
- Enter your regular payment and any extra payment.
- Calculate and compare the estimate.
Important
Educational estimate only. Actual rates, fees, rules, and payoff dates vary. This is not financial advice.