Student Loan Calculator

Calculate monthly payments and total interest on student loans. Compare standard vs income-driven repayment.

Part of our Finance Calculators collection.

Free online calculator

Total Student Loan Balance ($)

Interest Rate

Repayment Term (years)

Annual Income ($) — for IDR estimate

Used to estimate income-driven repayment

How to Use This Calculator

Standard: P×r(1+r)^n/[(1+r)^n−1]
IDR (SAVE/IBR): ~10% of discretionary income

Inputs

Result

Enter values above

Results appear as you type.

Is this calculator accurate?

These are estimates based on the information provided. Actual rates and terms vary by lender.

Should I seek professional advice?

For significant financial decisions, consider consulting a financial advisor or credit counselor.