STUDENT LOAN CALCULATOR
Student Loan Payoff Calculator
Calculate when you'll be debt-free based on your loans and income
Your Student Loans
Student Loan 1
%
$
$
Your Household Income
This includes any income you make each month after taxes (your paycheck, your side hustle—it all counts).
$
Additional Payment
Next, to snowball your debt, enter the additional amount you want to pay above the minimum required payment.
$
Your Debt-Free Date
If you continue making only minimum payments, you'll be debt-free
How the Smart Payoff Strategy Works
1
List Your Debts
List all debts from smallest to largest balance, regardless of interest rate.
2
Attack the Smallest
Make minimum payments on everything except the smallest debt. Attack it with everything you've got.
3
Roll It Forward
Once paid off, take that payment and roll it to the next smallest debt. Repeat until debt-free!