Student Loan Calculator
See exactly when you'll be debt-free — or plan how much you can afford to borrow before you sign.
Current balance
Interest rate (APR)
Federal student loan rates: 6.53% (undergrad) · 8.08% (grad)
Repayment plan
Standard plan: $397/mo · pays off in 10 yrs
Your payoff plan
Monthly payment
$397
Total interest
$12,690
Payoff date
Apr 2036
10 yrs
Remaining balance over time
The real cost of your loan
For every $1 you borrowed, you'll pay $1.36 total.
Refinancing to 5.5% could save you $2,109 in interest
That's 0 mo sooner and $18/mo less.
Compare refi rates →What if you paid more?
Extra monthly payments shrink both your timeline and total interest.
+$50/mo extra
Pay off 1 yr 5 mo sooner
Save $2,040
in interest
+$100/mo extra
Pay off 2 yrs 7 mo sooner
Save $3,504
in interest
+$200/mo extra
Pay off 4 yrs 1 mo sooner
Save $5,471
in interest
Thinking about refinancing?
A lower rate could save you thousands. Compare lenders now.