Interactive Calculators: Determine Your Monthly Loan Payment

Use the online calculators below to help determine your future monthly payments for your Direct student, Direct PLUS, and private loans.

Federal Direct Student and PLUS Loans

Determine your monthly payments on your Direct student and Parent PLUS loans. You will need your FSA I.D. to log onto this site.

Private Alternative Loans

Determine your monthly payments on your private alternative loan. Enter the number of monthly payments (loan term), the interest rate, and the principal (amount of loan) to determine an approximate monthly payment. Check with your private loan lender to see what loan term options are available to you. Terms are usually 10, 15, 20, 25, or 30 years, depending on the loan amount and lender. Private loan interest rates are usually variable rates, so they may change every month, every three months, or every year. Private loan lenders may also have their own interactive loan payment calculators on their websites specific to their loan products, so check out their websites.