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    Student loans

    Private Student Loan Payoff Calculator

    Compare minimum payments, extra payments, lump sums, and a possible refinance APR.

    Open the tool All tools

    5–8 min

    Typical time to complete

    Everyone

    Designed for this audience, usable by anyone

    Educational estimate

    Verify final numbers with official records and plan documents

    Student loans

    Private Student Loan Payoff Calculator

    Compare minimum payments, extra payments, lump sums, and a possible refinance APR.

    Read: Student Loans Section

    $

    Total private loan balance.

    %

    Weighted average if needed.

    $

    Required monthly payment.

    $

    Amount above the minimum.

    $

    Optional cash applied now.

    %

    Use an actual quote when available.

    Planned monthly payment
    $775
    Minimum-only payoff
    11 yr 6 mo
    $27,344 estimated interest
    Accelerated payoff
    6 yr 5 mo
    $14,307 estimated interest; around Dec 2032
    Interest saved vs minimum
    $13,037
    Possible refinance payoff
    5 yr 10 mo
    $5,130 extra interest saved; around May 2032
    What this means

    Private loans are usually a rate and cash-flow problem. Compare payoff speed, refinance APR, and emergency cash before overcommitting.

    Educational only. Not individualized financial, investment, tax, legal, insurance, medical, billing, employment, or benefits advice. Results are not official eligibility, coverage, authorization, tax, billing-liability, or plan determinations.
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