Student Loan Comparison Calculator

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If you have been shopping around, you can use our calculator to compare different offers that you have received.

Compare your student loan options

%
Years
Option Interest Term (Years) Repayment Plan Monthly Payment Total Payments
In School After School
Federal Option 10 Deferred $0
Enter your first option to see more information

Assumptions common to both calculations

  • Assumes interest accrues in college
  • Assumes interest accrues during grace period
  • Assumes the student uses a 6 month grace period
  • Accrued interest capitalizes upon entering repayment after college and grace period

Assumptions with the Federal Option Calculation

  • Assumes first disbursement is after July 1st 2019 and before September 30th
  • 6.08% Interest Rate for the First $20,500
  • 7.08% Interest Rate for anything above that
  • 1.062% Origination Fee for the First $20,500
  • 4.248% Origination Fee for anything above that

For the Private Loan Calculations

  • Assumes interest rate as specified
  • Assumes no origination fee
  • Assumes no application fee

We do not guarantee the calculator's accuracy or applicability to your circumstances, and we encourage you to consult a qualified professional for assistance in analyzing your overall financial situation.