LoanMath

Student Loan Payment Calculator

Quick student-loan monthly payment.

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

Try: Loan amount=20000, APR=4.5, Term=10 → $20,000, $207, $24,873, $4,873

How to use

Enter the balance, rate and term for an instant payment figure. Same amortizing math as the student-loan calculator.

Formula

PMT on the loan amount.

FAQ

Refinance to lower it?

If rates dropped, refinancing can cut the payment — see the refinance tool.

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