Student Loan Calculator
Estimate your student loan monthly payment from loan amount, term, and interest rate. Use optional settings for extra principal and fees, then review totals, a principal-vs-interest chart, and a full amortization schedule.
Estimated monthly payment
₹ 0.00
Total interest paid
₹ 0.00
Payment shown is standard principal and interest. Optional extra payments are applied separately.
Total loan amount paid
₹ 0.00
Total cost of loan
₹ 0.00
Total payments (installments)
₹ 0.00
Months to payoff
—
First payment
—
Last payment
—
Amount financed (incl. fees)
₹ 0.00
Origination fee
₹ 0.00
Other fees
₹ 0.00
Total fees
₹ 0.00
| S.No | Date | Payment | Principal | Interest | Balance |
|---|
How to Use This Calculator
- Enter loan amount, term (months or years), and interest rate.
- Open Optional: extra payments and fees for start date, extra payments, origination fee, and other fees.
- Click Calculate for payment, totals, chart, and amortization. Export the schedule via Excel or PDF.
Frequently Asked Questions
How are yearly extra payments applied?
An extra amount is applied at the end of each 12-month period in addition to the regular principal portion of your payment.
Is this an exact lender quote?
No. This is a planning estimate based on simplified formulas.
Why can results differ from my servicer statement?
Fees, compounding conventions, deferment, and income-driven repayment plans can differ across loan programs.
