Loan Repayment Calculator
Graduation will bring you new opportunities and increased responsibilities, including student loan repayment. Use this calculator to estimate how much your monthly student loan payments may be.
Fill in the following fields to estimate your monthly loan payments.
Loan Amount–Fill in the loan amount for each individual student loan that you have. Depending on the loan program, your private loan amount may include an origination or guarantee fee. When entering your loan amount, be sure to include any unpaid, accrued interest you have on your unsubsidized Stafford or private loan. You can check your Stafford loan information at ELMNet.Note: See important disclosure information at the bottom of the screen.1 $
Loan Term –Fill in the loan term for each individual student loan that you have. The maximum loan term for a Stafford loan is 10 years.
Interest Rate–Fill in the interest rate for each individual student loan that you have. Many educational loans have variable interest rates. The maximum interest rate on a Stafford loan is 8.25%. %
 

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