How to use Student Loan Calculator
- Loan Balance: Total amount owed.
- Interest Rate: Average rate of your loans.
- Term: Repayment period (usually 10 years).
- Calculate: Monthly payment amount.
About Student Loan Calculator
The Student Loan Calculator helps graduates manage their education debt. Whether you have federal or private loans, this tool estimates your monthly repayment.
Understanding your payments helps you choose the right repayment plan (Standard, Graduated, etc.).