This Simple Student Loan Calculator (USA) helps you quickly estimate your monthly student loan payment based on your loan amount, interest rate, and repayment term. It provides an instant breakdown of your total interest and total repayment value, making it easier to plan your education costs. Whether you are considering federal or private student loans, this calculator offers clear numbers to help you make better borrowing decisions.

Student loans can become long-term financial commitments, so understanding the cost before borrowing is important. This calculator uses a standard amortized repayment formula to show you how much you will need to pay every month. By entering just three values—loan amount, interest rate, and loan term—you can view your total interest, total repayment, and full monthly schedule.
It works for most types of U.S. student loans including federal Direct Loans, private student loans, undergraduate and graduate loans. Use the results to compare repayment scenarios, estimate budgets, or plan faster payoff strategies.