Student Loan Repayment Calculator
This calculator will estimate your monthly student loan payment in order to help you realistically determine how much you can afford to borrow.
To use the calculator:
- Enter the number of payments (typically 120, i.e., 120 months -- 10-year repayment)
- Enter your loan balance (the valid range is $1,000 to $150,000 dollars), and
- Choose an interest rate