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Repayment Calculator

Repaying your student loans isn't always easy, but it doesn't have to be difficult either.  Use the tool below to determine how much you can expect to spend on student loan repayment.

Visit Manage Your Account to learn about different options you have for repaying your loans.
Number of monthly payments: (ex. 120)
Interest rate: % (ex. 5.125)
Principal loan balance: (ex. 10000)
Your monthly payment is: ---  
Total amount to be repaid: ---  
Total interest cost: ---  
Minimum yearly income needed to pay the monthly payment*: ---  

* Based upon industry recommendation that a monthly payment should not be more than 8% of your gross income. The calculator does not factor in other debt you may hold.
** The figures provided are approximate.
Need more cash for school? Get a private loan.

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