Student Loan Calculator

Loan Properties Current Loan Principal
Loan APR %
Loan Period years months

Minimum Repayment Plan Min Monthly Payment
Total Paid

Aggressive Repayment Plan Extra Payment
Monthly Payment
Loan Paid In years months
Total Paid

Aggressive Two Phase Repayment Plan Phase 1:
Extra Payment
Period years months
Monthly Payment
Total Paid
Loan Principal Remaining
Phase 2:
Extra Payment
Adjusted Min Monthly Payment
Monthly Payment
Total Paid
Results:

Loan Paid In years months
Total Paid

Income Based Repayment Plan With Loan Forgiveness Federal Poverty Level Income
Income Based Repayment Rate %
Phase 1:
Adjusted Gross Income (combined if married)
Period years months
Monthly Payment
Total Paid
Loan Principal Remaining
Phase 2:
Adjusted Gross Income (combined if married)
Adjusted Min Monthly Payment
Monthly Payment
Total Paid
Results:
Total Paid
Amount Forgiven

Saving/Investment Savings/Investment APR %

Compare Results Total Payment:

Savings Comparison 1
(minimum number of extra payments):

The bars show the total savings

Minimum - extra payments put into savings while the agressive plan is paying off the loan.
Aggressive - After loan is paid off, minimum payments are put into savings.
Both use the same size pool of funds over the period of the loan.

Savings Comparison 2
(maintain extra payments):

The bars show the total savings

Minimum - extra payments put into savings.
Aggressive - After loan is paid off, the same payments are made to savings.
Both use the same size pool of funds over the period of the loan.

Link With The Current Settings

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