Worth Shield Financial Services · Personal planning estimate
Student Loan Repayment Comparison
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College Calculator
Student Loan Calculator
Compare verified-rate repayment cash flows, extra payments and quoted alternatives without fabricated IDR lifetime costs.
Loan Inputs
Use the note interest rate, not a fee-inclusive APR. Enter your actual rate; no current-market or federal-disbursement-year rate is guessed. Terms are 1–600 whole months. The comparisons assume repayment starts now, with no new borrowing, grace period, fees or interest capitalization. Enter balance including capitalized interest where applicable.
Understanding Student Loan Repayment
Fixed-rate comparisons are not the same as government repayment-plan eligibility. OBBBA introduced RAP and changed federal repayment options in 2026. Loan type, dates and household circumstances matter.
How This Calculator Works
The fixed-payment amount is derived from principal, monthly interest rate and term, rounded upward to cents. Extreme near-interest-only cases require at least one cent of initial principal reduction in this monthly ledger. Monthly interest and payments build the payoff schedule; the final payment settles only the remaining amount. RAP, when selected, is an independent initial-payment formula, not a fictional 20-year fixed-payment loan.
RAP uses income-band percentages of all applicable AGI, not marginal brackets: a $120 annual base for AGI up to $10,000, then 1–10% bands. Subtract $50 per month per eligible dependent, with a $10 monthly minimum. This is a cents-rounded formula illustration; your servicer determines the actual bill.
Official Federal Student Aid Repayment CalculatorCurrent IDR/RAP eligibility and repayment rulesFrequently Asked Questions
No. Enter your actual fixed rate, balance and verified terms. These are monthly-accrual cash-flow illustrations, not confirmation of federal-plan eligibility, minimum-payment rules or lender approval. Rates depend on disbursement date and loan type, not just the current tax year. Actual student loans often accrue interest daily.
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