Student Loan Calculator — Free Online Tool
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Student Loan Calculator

Calculate student loan monthly payments and total interest charges

Student Loan Formula: $PMT = PV \frac{r(1+r)^n}{(1+r)^n - 1}$, where $PV$ is loan balance, $r$ is monthly interest rate, and $n$ is total months. Enter your details below.
Student Loan Parameters Input

Calculation Results

⚠️ Federal student loans often offer income-driven repayment options and deferment programs which can alter standard amortization schedules!

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