Use NerdWallet's student loan payoff calculator to see how extra payments can help you repay student debt faster and save money.
Loan Payoff Calculator Calculate the payoff date for a loan and see how much you’ll pay in interest. Loan Balance: $ Monthly Payment: $ Interest Rate: % calculate rate Loan Payoff Summary: Estimated Payoff Date: Feb 2027 Time to Pay Off: 1 yr and 9 mos Total Interest: $...
To use the Loan Payoff Calculator, you’ll start by entering two critical pieces of information: the remaining loan balanceand the APR(interest rate) you’ll be paying. From there, you’ll have the option to calculate by monthly payment or calculate by payoff time.Click the bubble next to...
Student Loan Payoff Calculator Enter your student loan details: Current Student Loan Balance: Annual Interest Rate (%):Enter the annual interest rate as a percentage. Current Monthly Payment:Enter your current regular monthly payment. Extra Monthly Payment (Optional):Enter any additional amount you ...
Fig. 11 - Payoff schedule showing accrued interest and balance as of Jan. 1. As you can see, you have two ways for looking at the same loan. Follow the steps in 17 and the schedule shows the balance as of Jan. 1. Follow the steps in 18 and the calculator calculates the pay off ...
Tired of your student loans? Our student loan payoff calculator helps you determine your payoff date as well as how to pay off your student loans faster.
How does the car loan payoff calculator work? Our calculator helps you work out the costs associated with purchasing a car on credit. Once you have entered the amount, the interest rate and the period of the loan, the calculator will return the total repayment amount, the total interest and...
With our Student Loan Payoff Calculator, you can see how quickly you can be student debt-free! This calculator also serves as a student loan extra-payment calculator, so you can see how long it will take to pay off your student loans by adding extra payments, refinancing your student loans...
Calculator Student Loan Calculator The Student Loan Consolidation and Debt Payoff calculator applies two simple principles to paying off high-interest debt. First, consolidate your existing student loans and second use your payment savings to accelerate the payoff of your higher interest non-student debt...
Loan Payoff CalculatorLoan Amortization TableRefinancing a Loan CalculatorWage Garnishment CalculatorEmergency Fund Calculator This is the original amount of the loan, also referred to as the loan's principal. Annual Interest Rate (%) This is the annual interest rate on the loan. This is not the...