Only one number? Try the Student Loan Repayment Calculator

Student Loan Repayment Planner

Enter the balance you owe on your student loan, the fixed rate, and the repayment term. The calculator shows the standard monthly payment and what an extra payment each month would change.

Your numbers

Your plan is ready.
Standard monthly payment 
Total interest on the standard term 
With the extra payment 

Scenario table

Each row changes one number by a tenth, and keeps the rest as you entered them.

ScenarioStandard monthly paymentTotal interest on the standard term

Scenario chart

The first result for each scenario, drawn to scale.

How to use this planner

Enter your numbers in the boxes. The results update as you type, using the same calculation as the calculator.

The scenario table shows what changes when one number moves. Use it to see which number has the most effect on your result.

Understanding the result

The results are estimates. They use only the numbers you enter, so they can differ from what a bank, lender, or adviser calculates.

About the author

Monica Tulips

Monica Tulips

Finance Writer, Moni Calculator Pro

Monica Tulips writes the personal finance, savings, and loan guides on Moni Calculator Pro. Each calculator's math is covered by automated tests before its page is published, and the guides explain that math in plain language.