Federal Student Loan Cost Calculator
Calculate your monthly payments and total loan costs. See how different repayment terms affect what you pay over time.
Free to use
No signup required
Accurate federal rates
Enter your total federal student loan amount and the loan length (years, with an optional months field). Choose your loan type to estimate the federal fixed interest rate and show what you'll pay over the full term.
Understanding Your Results
This calculator uses current federal fixed interest rates for Direct Loans. Your actual rate may vary based on when you took out your loans. The total interest shown represents the amount you pay above your original borrowed amount (principal) over the life of the loan.