Student Loan Comparison Calculator

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If you have been shopping around, you can use our calculator to compare different offers that you have received.

Compare your student loan options

Option Interest Term (Years) Repayment Plan Monthly Payment Total Payments
In School After School
Federal Option 10 Deferred $0
Enter your first option to see more information

Assumptions common to both calculations

  • Assumes interest accrues in college
  • Assumes interest accrues during grace period
  • Assumes the student uses a 6 month grace period
  • Accrued interest capitalizes upon entering repayment after college and grace period

Assumptions with the Federal Option Calculation

  • Assumes first disbursement is after July 1st 2019 and before September 30th
  • 6.08% Interest Rate for the First $20,500
  • 7.08% Interest Rate for anything above that
  • 1.062% Origination Fee for the First $20,500
  • 4.248% Origination Fee for anything above that

For the Private Loan Calculations

  • Assumes interest rate as specified
  • Assumes no origination fee
  • Assumes no application fee

We do not guarantee the calculator's accuracy or applicability to your circumstances, and we encourage you to consult a qualified professional for assistance in analyzing your overall financial situation.