Student Loan Calculator
Solve for
Loan Amount
Loan Term (years)
Interest Rate (APR %)
Monthly Payment
Loan Amount
?
The amount financed after any down payment or trade-in.
$
Loan Term (years)
?
The length of the loan in years.
Interest Rate (APR %)
?
The annual percentage rate on the loan.
%
Monthly Payment (calculated)
$397.42
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Total Payments
$47,690
Total Principal
$35,000
Total Interest
$12,690
Data Table
Principal & Interest
Loan Balance
Yearly
Monthly
Year
Years Left
BoY Balance
Payment
Principal
Interest
1
10
$35,000
$4,769
$2,570
$2,199
2
9
$32,430
$4,769
$2,742
$2,027
3
8
$29,689
$4,769
$2,925
$1,844
4
7
$26,763
$4,769
$3,121
$1,648
5
6
$23,642
$4,769
$3,330
$1,439
6
5
$20,312
$4,769
$3,553
$1,216
7
4
$16,758
$4,769
$3,791
$978
8
3
$12,967
$4,769
$4,045
$724
9
2
$8,921
$4,769
$4,316
$453
10
1
$4,605
$4,769
$4,605
$164
Total
$47,690
$35,000
$12,690
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