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Loan Repayment Calculator

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The Direct Loan website maintains helpful loan repayment calculators which allow borrowers to estimate their monthly loan payments. The calculators take into account your loan amount, loan type, interest rate, and number of years to repay the loan.

  • Your Loan Servicer will assign the Standard 10 year repayment plan to you, but other options may be available. 
  • Under a Standard Repayment Plan, you'll pay a fixed amount each month.  If you can manage the monthly payments, your loans will be repaid in the shortest time and you'll likely pay the least amount of interest.
  • Extended Repayment allows payments to be spread over a 25 year repayment period.  Borrowers must have more than $30,000 in Direct Loan debt to qualify.
  • Work with your Loan Servicer to choose a federal student loan repayment plan that is best for you.  The Federal Student Aid website has information on the variety of repayment plans available.
  • For more information on other repayment plan choices, such as Income Based Repayment, scroll along the grey boxes above.