Repayment Calculator
 

Student Loan Repayment Calculator

This worksheet helps you estimate your monthly loan payment and allows you to see the impact of required minimum monthly payments.

To estimate your monthly payment, enter the loan balance, interest rate, and loan term (leave the minimum monthly payment set to 0).

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Some loan programs have a minimum monthly payment requirement. Include the minimum requirement to estimate the effect on your repayment schedule. It may result in a shorter loan term.