Student Loan Payment Calculator

Compare federal vs. private loans and plan your repayment strategy

Loan Type

How much do you need to borrow?

Interest Rate (%)

Loan Term (Years)

Grace Period (Months)

Extra Monthly Payment ($)

Your Repayment Plan

Estimated Monthly Payment

$265.16

Total Repayment

$31,819.20

Total Interest

$6,819.20

Payoff Date

Jun 2035

Loan Term

10 years

YouthBudget Tip

Federal loans may take longer to process, but offer forgiveness and flexible repayment options.

Timeline Simulation

If you apply today, your loan could be approved in about 2–8 weeks (Federal)