Student Loan Payoff Calculator
Plan your student loan payoff with custom payments and extra contributions. Compare against the standard 10-year plan.
Payoff Date
Aug 2035
Months to Payoff
113
Total Interest
$9,835
Interest Saved vs Standard
$746
Standard 10-year payment: $380/mo | Total interest: $10,581
Student Loan Debt in America
Total US student debt: $1.77 trillion across 43 million borrowers. Average: $37,000.
Federal Repayment Plans
- Standard β 10 years, fixed; lowest interest
- Graduated β starts low, increases every 2 years
- Income-Driven (IDR) β SAVE, REPAYE, PAYE, IBR
- Extended β up to 25 years
Extra Payment Impact
$35,000 at 5.5% + $100/mo extra:
- Standard: 120mo, $5,123 interest
- With extra: 83mo, $3,337 interest
- Savings: $1,786 + 37 months earlier
PSLF
Federal forgiveness after 120 qualifying payments for public service workers.