College Loans: A Cost Calculator

How much will monthly payments be on a college loan?

Note: This calculator is provided for estimation purposes only. The standard repayment period for a student loan is 120 months. Borrowers with standard repayment plans are held to a $50-per-month minimum payment. You should discuss specifics about loans with your financial aid counselor and find out details about individual loan payments, repayment schedules, alternative payment plans, and other repayment options from your lender before obtaining a loan.