Student Loan Calculator
Compare repayment plans and optimize your payoff strategy
Loan Details
Fixed monthly payments over the selected term. Most common plan.
Additional amount applied directly to principal each month
Standard Repayment
Key Insights
PSLF Eligibility
Work for government or non-profit? PSLF can eliminate your remaining balance after 120 qualifying payments on an income-driven plan, potentially saving tens of thousands of dollars.
Refinancing Pros & Cons
Refinancing can lower your rate and payments, but you lose federal protections like IDR, PSLF, and forbearance. Only refinance federal loans if you have stable income and will not need those safety nets.
Avalanche vs Snowball
Avalanche (highest rate first) saves the most money over time. Snowball (smallest balance first) gives quick psychological wins. Choose based on whether you prioritize savings or motivation.
Frequently Asked Questions
Important Disclaimer
Educational Tool: This calculator provides estimates based on simplified assumptions and is not professional financial advice.
Individual Circumstances: Actual repayment amounts vary based on servicer policies, interest capitalization, income changes, and plan requirements. Verify with your loan servicer.
Income-Driven Plans: IDR calculations use simplified formulas. Actual amounts depend on AGI, family size, state, and specific plan rules (SAVE, PAYE, IBR, ICR).
Professional Advice: Consult a qualified financial advisor or student loan counselor for personalized guidance on repayment, forgiveness, and refinancing.
No Guarantee: Warren AI provides this tool "as is" without warranty. We are not responsible for financial decisions made based on these calculations.
Take Control of Your Student Loans
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