Student Loan Strategy Calculator
See your path from debt to autonomy — pick a strategy and run the numbers.
Your loan & income
Payoff timeline
8.0 years
Total interest paid
$43,000
Your total cost
$193,000
Total out of pocket over the payoff period.
What if you refinanced?
Learn how much a lower interest rate can save you
Drag the slider to a new interest rate and see how your timeline and total cost change. Same balance and monthly payment as above.
Years to payoff
7.4
Total interest
$26,459
Total cost
$176,459
We'll email you a link to come back to it any time.
How these numbers are calculated
No negative amortization. Under 2026 federal rules (RAP & PSLF), when your monthly payment is less than the interest accrued, the government waives the excess so your balance does not grow.
RAP final rule. Monthly payments scale from 1% to 10% of AGI with a $10 minimum. After 30 years from graduation, the remaining balance is forgiven; this tool estimates tax liability at 30% of that balance.