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STUDENT TOOL

Student Loan Calculator

Estimate a monthly student-loan payment from principal, annual interest rate and repayment term.

Enter a loan amount, annual interest rate and repayment term.

About this tool

An educational loan-payment estimate using a standard amortizing-payment formula.

How to use

Actual student loans can include fees, changing rates, grace periods, income-based repayment and other rules. Verify terms with the lender or servicer.

Student Loan Calculator guide

Estimate a monthly student-loan payment from principal, annual interest rate and repayment term. Use the result as an educational estimate and check your school's grading or policy rules when they differ.

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