Estimating monthly payments
Do you want to lower the monthly payments on your loans? Or are you more interested in keeping your interest payments down?
Monthly payments
How you choose to pay back your student loan will affect how much you pay each month and how much you pay over the life of your loan. The repayment plan you choose matters.
Use Sallie Mae's loan repayment calculator to find out how much your monthly payments and interest could be under different repayment plans.
This calculator estimates repayment amounts for Stafford and PLUS loans that have not been consolidated.