Access a variety of student loan calculators to estimate how much to borrow for college or graduate school and calculate your student loan payment.
How do I calculate the loan balance? Current Monthly Payment What is the monthly payment? Current Interest Rate What is the interest rate? I want to: Pay extra Pay off my loan sooner Let’s see your estimated savings. If you make an extra payment of $1,000 toward your principal...
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Payment Breakdown Principal 81%Interest 19% Reference The Student Loan Repayment Calculator uses the following basic formula: Monthly Loan Payment = { Rate + Rate / [(1 + Rate)months-1] } x Principal Loan Amount Where: Rate(Monthly Interest Rate) = Decimal Rate / 12 , or Rate = (Annual...
New monthly student loan payment This is your new calculated monthly payment for your consolidated student loans. Monthly savings This is the difference between your current student loan payments and your new consolidated loan payment. If the current payment total is less than the payment for your ...
These student loan calculators help you calculate your monthly payment. Save money with this student loan refinancing calculator and payoff calculator.
Other student loan calculators Student loan payoff calculator: Find your debt-free date and see how extra payments can make it arrive faster. Student loan calculator: Determine your monthly student loan payment based on your interest rate, term length and the amount you borrowed. Student loan cons...
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Other student loan calculators Student loan payoff calculator: Use this calculator to find your debt-free date. Student loan repayment calculator: Use this calculator to see how extra payments can speed up repayment. Student loan refinance calculator: Use this calculator to compare your current loan...
For example, if a student loan refinance calculator tells you that you could save $100 each month on your payment by refinancing your student loans, the only way to actually see that savings is by taking action. Student loan calculators are great tools that can help you save on your debt....