Financial Disclaimer
Please read this disclaimer carefully before using StudentLoanCalc.com.
For Informational Purposes Only
All results produced by the StudentLoanCalc.com calculator are estimates provided for general informational and educational purposes only. Nothing on this website constitutes financial, legal, tax, or investment advice. The information presented should not be relied upon as a substitute for professional financial guidance tailored to your individual circumstances.
Results Are Estimates
The calculations on this site use standard amortization formulas and the federal student loan rates published by the U.S. Department of Education. Actual monthly payment amounts, total interest costs, and payoff dates may differ from our estimates depending on your specific loan terms, loan servicer policies, repayment plan, deferment or forbearance periods, and any additional payments you make. Interest may capitalize at different intervals depending on the loan type.
Interest Rates
Federal student loan interest rates displayed on this site are sourced from the U.S. Department of Education for the 2024-2025 academic year. Private loan rates vary by lender and borrower creditworthiness and are not reflected in the default calculator values. Always verify the exact interest rate on your loan documents or with your loan servicer.
No Lender Relationship
StudentLoanCalc.com is not a bank, lender, loan servicer, credit counselor, or financial advisor. Using this calculator does not create any financial relationship between you and us. We do not originate, service, or broker student loans.
Consult a Professional
Before making any financial decisions regarding student loans — including choosing a repayment plan, refinancing, or applying for forgiveness programs — we strongly encourage you to consult a qualified financial advisor, student loan counselor, or your loan servicer. Free counseling is available through the U.S. Department of Education's Federal Student Aid office.
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