learn.howToCalculate
learn.whatIsHeading
A student loan calculator determines your monthly payment, total interest paid, and payoff timeline based on loan amount, interest rate, and repayment term. Federal and private student loans differ significantly in interest rates, repayment options, and forgiveness eligibility.
Przewodnik krok po kroku
- 1Identify loan amount, annual interest rate, and repayment term (years)
- 2Calculate monthly interest: annual rate ÷ 12
- 3For unsubsidized loans, interest accrues during grace period (usually 6 months)
- 4Monthly payment formula: M = P × r(1+r)ⁿ / ((1+r)ⁿ − 1)
- 5Total interest = (monthly payment × months) − total loan amount
Rozwiązane przykłady
Wejście
$30,000 at 6.5%, 10-year term
Wynik
$340/month, $10,836 interest
Standard 10-year federal repayment
Wejście
$50,000 at 7.0%, 20-year term
Wynik
$388/month, $43,191 interest
Longer term = lower payment but much more interest
Gotowy do obliczeń? Wypróbuj darmowy kalkulator Student Loan
Spróbuj sam →