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Student Loan Payoff Calculator

Calculate student loan payments and see payoff timeline

Loan Details

$
%
years
months

Before repayment starts

$

Monthly Payment

$379.84

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Total Interest

$10,581.04

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Total Paid

$45,581.04

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Payoff Date

9/24/2035

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Loan Payoff Progress

Understanding Student Loans

Repayment Plans

  • Standard: Fixed payments, 10 years
  • Extended: Lower payments, 25 years
  • Graduated: Starts low, increases over time
  • IDR: Based on income (10-20% of discretionary income)

Payoff Strategies

  • Make extra payments when possible
  • Pay more than the minimum
  • Consider refinancing for lower rates
  • Explore forgiveness programs