US Student Loan Calculator
Calculate your US student loan payment online for free. Enter your loan amount, rate and term to see your fixed monthly payment and total interest. Runs entirely in your browser — nothing you enter is uploaded.
Shows the standard fixed monthly payment on the standard repayment plan. Federal loans also offer income-driven repayment plans with different, income-based payments — this tool doesn't model those.
How to use us student loan calculator
- Enter your loan amount, rate and term
The total borrowed, your interest rate, and your repayment term in years.
- Calculate
See your fixed monthly payment and total interest paid.
Features
Rates and thresholds are inputs you can change, not hidden constants.
Calculates locally with no sign-up or server request.
Your financial details are never uploaded.
Supported formats and limitations
Text and structured input supported by this tool.
Use cases include personal workflows, content preparation, and quick checks. Review output before relying on it for legal, financial, accessibility, or production decisions.
Frequently asked questions
Does this cover income-driven repayment plans?
No — it calculates the standard fixed payment. Federal income-driven plans base your payment on income instead, which can be higher or lower than this estimate.
Does this work for private student loans too?
Yes — the standard fixed-payment formula is the same regardless of lender. Federal-specific features like income-driven plans and forgiveness programs only apply to federal loans, though.