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Monthly Payment Estimates Calculator
This calculator estimates what the monthly payments may be once repayment of a Federal Stafford, Federal PLUS or alternative student loan begins.  It also provides estimated total interest costs associated with the loan.  These results can be helpful when deciding what’s a reasonable amount to borrow based on one’s ability to repay.

Yearly Interest Rate:
Stafford (current repayment rate is 6.80%)
PLUS (currently 8.50%)
Other: %

Principal Amount of Loan
(No commas)
dollars

The Monthly Payment Will Be
dollars

The Total Interest Cost Will Be
dollars

Disclaimer: Calculators are provided for reference only. Any rates and costs are subject to change without notice. The costs, rates or payment amounts provided from these calculators are not guaranteed.

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