Student Loans · free tool

Standard Loan Payoff & Total-Interest Calculator

Standard Loan Payoff & Total-Interest Calculator It’s free, runs in your browser, and stores nothing you enter.

Loan balance

Annual interest rate (%)

Repayment term (months)

Estimated monthly payment

$0/mo

Over 120 months you’d pay about $0 total, including $0 of interest.

Loan balance$0

Total interest$0

Total paid$0

Illustrative amortization. Federal loans have a 10-year standard term by default. Not financial advice. This is an illustrative estimate for general informational purposes only. It is not legal, tax, or financial advice, it does not create an attorney–client relationship, and it is not a quote, promise, prediction, or guarantee of any benefit, amount, eligibility, deadline, or outcome. Figures are based on published government sources as of the date shown and change over time; results may not reflect current law or the facts of your situation. Do not rely on this tool — consult a licensed attorney before taking or refraining from any action.

Key figures behind this estimate

Published government figures used in the calculation, with their effective date and source.

PSLF threshold — 120 qualifying payments

As of 2026 · ED — Public Service Loan Forgiveness requires 120 qualifying monthly payments while employed full-time by a qualifying employer

120

Frequently asked questions

What does the Standard Loan Payoff & Total-Interest Calculator estimate?

Standard Loan Payoff & Total-Interest Calculator It runs entirely in your browser and stores nothing you enter.

Are the figures current?

Yes. The estimate uses published government figures, each dated on this page (as of 2026) with its source.

Is this calculator legal advice?

No. It is an informational estimate from published data and does not create an attorney–client relationship. Confirm specifics with a licensed attorney.

Can I put this calculator on my own firm's website?

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Illustrative amortization. Federal loans have a 10-year standard term by default. Not financial advice.