How to use

See how extra payments can reduce payoff time and interest.

1. Enter your total loan balance

Add your current student loan balance (or the combined balance across loans).

2. Add the interest rate

Enter the annual interest rate (APR) for your loan.

3. Choose a repayment approach

Pick whether you want to calculate by monthly payment or by a target payoff timeframe.

4. Optional: add an extra monthly payment

Enter any extra amount you can pay each month to see potential interest and time savings.

FAQs

How do extra payments help pay off student loans faster?

Extra payments reduce your principal balance faster, which lowers the amount of interest that accrues over time.

Is it better to pay more monthly or shorten the loan term?

Both approaches can reduce total interest. Paying extra monthly typically offers flexibility while still accelerating payoff.

Does this account for multiple loans with different rates?

This version estimates using a single balance and rate. If you have multiple loans, you can approximate with a weighted average rate or calculate each loan separately.

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Calculateur de remboursement de prêt étudiant

Aperçu

Calculez votre calendrier de remboursement des prêts étudiants, les intérêts totaux et les économies réalisées grâce à des paiements supplémentaires.

La calculatrice de remboursement des prêts étudiants vous aide à déterminer combien de temps il faudra pour rembourser vos prêts étudiants et combien d'intérêts vous paierez. Voyez l'impact des paiements supplémentaires et des différentes stratégies de remboursement pour optimiser votre plan de remboursement de prêt.

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