Student Loan Payment Calculator
Calculate your monthly student loan payment, total amount paid, and total interest using the standard amortisation formula.
How to Use the Student Loan Payment Calculator
- Enter the total loan amount in dollars.
- Enter the annual interest rate as a percentage.
- Enter the repayment term in years, then click Calculate.
クイックリファレンス
| 変換元 | 変換先 |
|---|---|
| $30,000 at 5% for 10 yr | $318/month |
| $50,000 at 6% for 10 yr | $555/month |
| $30,000 at 5% for 20 yr | $198/month |
| $100,000 at 7% for 10 yr | $1,161/month |
使用例
- •Estimating monthly student loan payments before borrowing.
- •Comparing loan terms to minimise total interest.
- •Planning post-graduation budgets with loan payments.
計算式
PMT = P × r(1+r)^n / ((1+r)^n − 1), where r = annual rate / 12, n = years × 12.
よくある質問
What is a typical student loan interest rate?
US federal student loan rates are typically 4–7%. Private loans may be higher.
Does this include income-driven plans?
No — this calculates standard fixed-payment amortisation. Income-driven plans vary.
Is this calculator free?
Yes, all OhMyCalc tools are completely free.