Student Loan Calculator
Estimate a fixed student loan payment from principal, interest rate, and repayment term.
Calculate student loan calculator from clear inputs
Student Loan Calculator gives a focused worksheet for finance & money questions where a quick deterministic estimate is more useful than a spreadsheet. The student loan calculator fields mirror the variables in its formula, and the output separates the main result from supporting values so you can sanity-check this calculation before reusing it.
30000 at 6 percent for 10 years produces a monthly payment of 333.06 and total interest of 9967.38.
Keep the estimate private in your browser
For Student Loan Calculator, every calculation runs in your browser with no upload, account, cookie, live lookup, or server-side storage. The student loan calculator result is best treated as a planning number because the real-world constraints behind this estimate can change the answer. Adjust the student loan calculator assumptions and confirm important decisions against the relevant source of truth for that exact situation.
Frequently Asked Questions
What does a $30,000 student loan cost?
At 6% over the standard 10-year term, $333.06 a month and $9,967.38 of interest, $39,967.38 repaid in total.
Does it cover income-driven repayment?
No. It calculates a fixed standard payment. Income-driven plans set payments from your income and family size, and use your loan servicer's figures.
How do I handle several loans at different rates?
Run each loan separately and add the payments, or use a balance-weighted average rate for a quick combined estimate.
Related tools
Browse the full set of free, private, in-browser tools.