Student Loan Payment Calculator

This student loan payment calculator can be used to estimate monthly payments for both federal and private student loans. The loan calculator assumes that the interest rate on your loan will not change (fixed) and that you will make equal monthly payments over the life of the loan (standard amortization). If your student loan requires a minimum monthly payment, enter the amount and we will consider it in our estimate.

While this was built for student loans, you can also use this calculator for any type of loan with a fixed rate and standard amortization such as a mortgage, home equity loan or car loan.

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