LoanMath

Student Loan Interest Calculator

Total interest on the student loan.

Your figures stay on your computer — no server, no tracking, no registration
$
%
yr

Try: Loan amount=25000, APR=4.5, Term=10 → $25,000, $259, $31,092, $6,092

How to use

Returns the lifetime interest cost — useful for comparing a longer subsidized plan against paying faster.

Formula

Total interest = PMT × months − principal.

FAQ

Why does term matter so much?

A 10-year plan costs far less interest than a 20-year one.

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