Estimate your student loan payments under the standard repayment plan (equal payments) using the calculator below.
This is only an estimate! Your actual payment amount is determined by your loan holder based on the amount that you borrowed. However, most student loan programs require at least a $50 payment each month, no matter how small your loan amount.
Your interest rate depends on your loan type and when you received the loan.
The calculator is preset to 120 months and an interest rate of 6.8 percent. You may adjust these.
It is recommended that your student loan payment be less than 8 percent of your gross income. The minimum salary field is based on this recommendation.
