Student Loan Payoff Calculator
Review school cost context, then model the amount you actually expect to borrow.
Loan Details
Enter loans after grants, scholarships, savings, and family contributions.
Rates vary by loan type and year. Confirm the rate on your aid offer or loan documents.
Enter a realistic first-year estimate. School-wide 10-year outcomes can provide context but are not starting salaries. Explore earnings data.
Standard Repayment Plan
Monthly Payment
$326
Total Interest Paid
$9,069
Total Amount Paid
$39,069
Payoff Time
10yr 0mo
Student-Loan Payment to Income
Monthly student-loan payment divided by gross monthly starting income.
Lower payment burden in this scenario
This is a planning indicator, not a full debt-to-income ratio. It excludes taxes, living costs, and other debts.
Aggressive Payoff (15% of income)
If you paid $687/mo instead of $326/mo:
Payoff Time
4yr 1mo
Interest Saved
$5,521
Years Saved
5.9
Understand this estimate
- School costs are planning context and are not presumed to be the amount you will borrow.
- Average net price varies substantially by family income and aid eligibility.
- Median debt covers federal borrowing reported for prior students and may exclude private or family loans.
- Results are estimates for comparison, not financial advice or a loan offer.
Want to find schools with less debt? Check median debt levels across 1,200+ schools.