Free Student Loan Payoff Calculator
See exactly when your student loans will be paid off, how much interest you’ll pay, and how extra payments can save you thousands. Compare repayment plans side by side.
Your loan details
Your payoff summary
Monthly payment
—
principal + interest
Payoff date
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—
Total interest paid
—
cost of borrowing
Total amount paid
—
principal + interest
Principal vs interest breakdown
Full payment breakdown
Original loan balance—
Interest rate—
Repayment term—
Monthly payment—
Extra monthly payment—
Total principal paid—
Total interest paid—
Total cost of loan—
Compare repayment plans
This calculator is for informational and educational purposes only. Results are based on a fixed interest rate and consistent monthly payments. Federal student loan programs including income-driven repayment plans, Public Service Loan Forgiveness (PSLF), and refinancing options may significantly affect your actual payoff timeline and total cost. Consult your loan servicer or a student loan advisor for personalized guidance.