Student Loan
Repayment Calculator

Calculate your monthly payment, total interest, and payoff date. See how extra payments save you thousands.

Federal & Private LoansAll Repayment TermsExtra Payment Impact

Your Loan Details

IDR Plan Comparison

PlanPaymentForgivenessBest For
SAVE5-10% discretionary20-25 yearsMost borrowers
IBR10-15%20-25 yearsExisting borrowers
PAYE10% (capped)20 yearsPre-2007 borrowers
ICR20%25 yearsParent PLUS (consolidated)

Current Federal Loan Rates (2024-25)

Undergraduate Direct: 6.53% · Graduate Direct: 8.08% · Parent/Grad PLUS: 9.08%. Use IDR plans to lower payments based on income, or refinance to a lower private rate.

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