Student Loan Calculator

Calculate monthly student loan payments, total interest, and see how long it will take to pay off your student loans.

Free to use
12,500+ users
Updated January 2025
Instant results

Student Loan Calculator

Direct Subsidized

Monthly Payment
$380
Total Interest
$11k
Payoff Time
10.0 yrs
DTI Ratio
9.1%
Monthly Payment
$380
9.1% of income
Total Interest
$11k
Over 10.0 years
Total Debt
$35k
After deferment
DTI Ratio
9.1%
Excellent
Typical for this loan: 5.5%

Standard Summary

Monthly Payment:$380
Total Interest:$10,581
Repayment Period:10.0 years

Student Loan Repayment Tips

  • Start early: Make payments during grace period to reduce interest
  • Auto-pay discount: Most lenders reduce rate by 0.25% for auto-pay
  • Target high-interest: Pay extra toward highest rate loans first
  • Employer benefits: Ask about student loan repayment assistance
  • Tax deduction: Deduct up to $2,500 in student loan interest annually
  • Review annually: Recertify IDR plans each year to adjust payment