Student Loan

Calculate student loan payments

Loan Amount ($)

Interest Rate (%)

Loan Term (Years)

Monthly Payment

$330.93

Total Payment

$39711.60

Total Interest

$9711.60

How to Use

Enter loan amount, interest rate, and term to calculate monthly payments and total repayment.

Formula

Same as loan formula

Example

Example: $30,000 at 4% for 10 years = $304.17/month