Figuro.net

Student Loan Calculator

Estimate monthly payments and total interest on student loans. Free, private, and runs entirely in your browser.

Enter values and press Calculate to see the result here.

How this is calculated

The payment comes from the standard amortization formula using the monthly rate and the number of monthly payments.

Formula

Payment = L × r ÷ (1 − (1 + r)^−n)

Frequently asked questions

Does this cover income-driven plans? No, it models a fixed standard repayment.

How can I lower total interest? Pay extra toward principal or choose a shorter term.

← Browse all 166 calculators