Student Loan Calculator

Translate borrowing into monthly payment, total interest, and payoff timeline. Federal direct loan rate: 6.53% (2024-25).

Loan amount ($)

Interest rate (%)

Federal undergraduate direct loan rate (2024-25): 6.53%

Repayment term (years)

Payment Summary

Monthly Payment

Total Paid

Total Interest

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Federal Student Aid (studentaid.gov). Rates are for undergraduate direct loans. Private loan rates vary. This calculator is for planning only — verify exact terms with your loan servicer.