Repaying Student Loans

What's your estimated monthly payment amount*? How do different interest rates, or even repayment periods, affect how much you'll pay over the life of your loan?

Curious? Use our Repayment Calculator to find out.

• Enter the requested information in the windows below.
• Press "Calculate" to see what the monthly payments would be.
• To try again, or if you make a mistake, press "Reset"

Amount of Loan:

.00

Origination Fee:

%

Years Deferral (if any):

Years

Repayment Terms:

(20 year maximum)

Years

Interest Rate:

%

 

Monthly Payment Amount*:

*All monthly payment figures are estimates.

This calculator is provided exclusively as an informational tool. All monthly payment amounts calculated are estimates provided for illustration purposes only and their accuracy is not guaranteed. The loans advertised on TERI.org may have certain limits (such as maximum repayment terms or minimum monthly payment requirements) that this calculator does not accommodate.

Your actual monthly payment amounts may be different from the estimates provided here depending on the lender and the terms of the loan program you select and changes in the variable interest rate on the loan. Your use of this calculator does not ensure the availability of any loan product.

Note: The minimum amount for a TERI guaranteed education loan is $1,000. The minimum monthly payment for all loans is $25.00.