Student loan calculator

See your monthly payment, the total interest, and how much an extra payment saves.

Loan balance

All your federal and private student loans together, or one loan at a time.

Interest rate

6.52% is the federal undergraduate rate for loans first disbursed July 1, 2026 to June 30, 2027 (grad 8.07%, PLUS 9.07%).

Repayment term

Under the new Tiered Standard plan (loans from July 1, 2026) the term is 10 years under $25,000, 15 years up to $49,999, 20 up to $99,999 and 25 above.

Extra each month (optional)

Ask your servicer to put extra toward principal.

Press Calculate to see your payment

Rates: U.S. Department of Education, Direct Loan rates for July 1, 2026 to June 30, 2027 (June 4, 2026). Terms: Education Department RISE final rule fact sheet (Apr 30, 2026). Payment = standard fixed payment over the term; income-driven plans such as the new Repayment Assistance Plan (RAP) set payments from income instead. Our calculation. General information, not financial advice.