Student Loan Calculator
Estimate monthly payments and total interest on a student loan after graduation.
Monthly payment
$385.07
Breakdown
- Total paid
- $46,208
- Total interest
- $11,208
Last updated:
FAQ
What is the standard repayment term?
Federal loans default to a 10-year standard plan; extending to 20–25 years lowers the payment but raises total interest.
Do payments start immediately?
Most student loans have a six-month grace period after graduation before the first payment is due.
Is it worth paying extra?
Extra payments go straight to principal on most loans, cutting total interest — this calculator shows the baseline to beat.
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