Student Loan Payment Calculator

Free student loan payment calculator for student loan calculator. Enter the values below to get an instant result.

JavaScript is required for live calculation.

You can still read how Student Loan Payment Calculator works, the formula, examples, and FAQs below.

Loan balance
APR
Term

Inputs

Loan balance

APR

Term

Results update when you click Estimate.

Monthly payment

$10,300.33

((loan_balance) * ((apr)/1200) * Math.pow(1+(apr)/1200, (term))) / (Math.pow(1+(apr)/1200, (term)) - 1)

Total paid

$103,003.31

Ad · below results slot

Recently used

Tools you open will show up here on this device — with your last inputs when available.

What this result means

Free student loan payment calculator for student loan calculator. Enter the values below to get an instant result. Estimate student loan payment: ((loan_balance) * ((apr)/1200) * Math.pow(1+(apr)/1200, (term))) / (Math.pow(1+(apr)/1200, (term)) - 1).

Assumptions

Rule dependency: Country/product dependent.

How it works

Estimate student loan payment: ((loan_balance) * ((apr)/1200) * Math.pow(1+(apr)/1200, (term))) / (Math.pow(1+(apr)/1200, (term)) - 1).

Example

Example: “student loan calculator”. Enter your values and click the button to get a result.

Frequently asked questions

What does this student loan payment calculator do?+

It helps you estimate student loan payment. Typical search: “student loan calculator”.

How should I read the result?+

Estimate student loan payment using loan balance; APR; term. Result: monthly payment.