Student Loan Calculator
Amount borrowed
usd
Interest rate
percent
Federal Direct Loan rates are set each 1 July for that academic year and are fixed for the life of the loan.
Origination fee
percent
Taken off the top of each disbursement on federal Direct Loans, so you owe more than reaches the school.
Loan type
Subsidized — no interest while studying
Unsubsidized — interest builds from day one
Years still studying
years
Grace period after leaving
months
Repayment term
years
Ten years is the standard federal plan. Longer terms cut the payment and raise the total.
Monthly payment
$397.20
Show the work
Student Loan Calculator
by Rule Calculator