# 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

###### You must have JavaScript enabled in your browser.

**This page requires JavaScript. Please verify that JavaScript support is enabled in your browser.**

Number of payments: | |

Interest rate: | |

Total loan balance (including any interest): | |

Your monthly payment is: | |