Monthly Loan Repayment Calculator
Enter amounts into the first three boxes below (outlined in orange) and then hit
to estimate your monthly payment. Next to each field are helpful tips to assist you. The
button clears values.
Review your actual loan history on
Sign in to
to use your actual loan history in the federal government's repayment calculators.
Review average loan debt on
The Project on Student Debt
10 years is standard and has been pre-populated; revise as needed
Review other repayment plans at
A 5% rate has been pre-populated.
to estimate yours and change the 5% as needed.
to view your actual interest rates.
Your actual payment may be higher or lower.
© Christine Auman
As a rule of thumb, do not borrow more in loans than your expected starting salary upon graduation.
Review starting salaries:
Occupational Outlook Handbook
The Federal Government offers many
options to best suit a students need.
Use the federal government's
Repayment Plan Calculator
to compare your monthly payments under the various repayment plans.