Student loan calculator

$227.30/month principal and interest

$7,276 total interest

Principal $20,000 Interest $7,276. 27¢ of every dollar paid goes to interest.

$20,000 over 10 years at 6.52%.

Source: U.S. Department of Education, 2026-27 undergraduate rate (default). An average, not an offer.

Federal fixed-payment plans for this balance
Plan	Payment	Total interest
Standard (10 years)	$227.30	$7,276
Tiered Standard (10 years)	$227.30	$7,276
Extended (15 years)	$174.44	$11,399
Extended (20 years)	$149.35	$15,844
Extended (25 years)	$135.29	$20,587

Amortization schedule

First 12 months

Amortization schedule for a $20,000 student loan at 6.52% over 10 years, months 1–12; each payment $227.30
Month	Principal	Interest	Balance
1	$118.63	$108.67	$19,881.37
2	$119.28	$108.02	$19,762.09
3	$119.93	$107.37	$19,642.16
4	$120.58	$106.72	$19,521.59
5	$121.23	$106.07	$19,400.35
6	$121.89	$105.41	$19,278.46
7	$122.55	$104.75	$19,155.91
8	$123.22	$104.08	$19,032.69
9	$123.89	$103.41	$18,908.80
10	$124.56	$102.74	$18,784.24
11	$125.24	$102.06	$18,659.00
12	$125.92	$101.38	$18,533.08

Year by year

Totals for each loan year
Year	Principal	Interest	Balance at year end
1	$1,467	$1,261	$18,533
2	$1,565	$1,162	$16,968
3	$1,671	$1,057	$15,297
4	$1,783	$945	$13,514
5	$1,903	$825	$11,611
6	$2,030	$697	$9,581
7	$2,167	$561	$7,414
8	$2,312	$415	$5,102
9	$2,468	$260	$2,634
10	$2,634	$94	$0
Total	$20,000	$7,276	$0

Full schedule, all 120 payments

Amortization schedule for a $20,000 student loan at 6.52% over 10 years, every payment
Month	Principal	Interest	Balance
1	118.63	108.67	19,881.37
2	119.28	108.02	19,762.09
3	119.93	107.37	19,642.16
4	120.58	106.72	19,521.59
5	121.23	106.07	19,400.35
6	121.89	105.41	19,278.46
7	122.55	104.75	19,155.91
8	123.22	104.08	19,032.69
9	123.89	103.41	18,908.80
10	124.56	102.74	18,784.24
11	125.24	102.06	18,659.00
12	125.92	101.38	18,533.08
13	126.60	100.70	18,406.48
14	127.29	100.01	18,279.19
15	127.98	99.32	18,151.21
16	128.68	98.62	18,022.53
17	129.38	97.92	17,893.15
18	130.08	97.22	17,763.07
19	130.79	96.51	17,632.29
20	131.50	95.80	17,500.79
21	132.21	95.09	17,368.58
22	132.93	94.37	17,235.65
23	133.65	93.65	17,101.99
24	134.38	92.92	16,967.61
25	135.11	92.19	16,832.51
26	135.84	91.46	16,696.66
27	136.58	90.72	16,560.08
28	137.32	89.98	16,422.76
29	138.07	89.23	16,284.69
30	138.82	88.48	16,145.87
31	139.57	87.73	16,006.30
32	140.33	86.97	15,865.96
33	141.09	86.21	15,724.87
34	141.86	85.44	15,583.01
35	142.63	84.67	15,440.38
36	143.41	83.89	15,296.97
37	144.19	83.11	15,152.78
38	144.97	82.33	15,007.81
39	145.76	81.54	14,862.06
40	146.55	80.75	14,715.51
41	147.35	79.95	14,568.16
42	148.15	79.15	14,420.02
43	148.95	78.35	14,271.07
44	149.76	77.54	14,121.31
45	150.57	76.73	13,970.73
46	151.39	75.91	13,819.34
47	152.21	75.09	13,667.13
48	153.04	74.26	13,514.09
49	153.87	73.43	13,360.21
50	154.71	72.59	13,205.50
51	155.55	71.75	13,049.95
52	156.39	70.90	12,893.56
53	157.24	70.06	12,736.31
54	158.10	69.20	12,578.22
55	158.96	68.34	12,419.26
56	159.82	67.48	12,259.44
57	160.69	66.61	12,098.75
58	161.56	65.74	11,937.18
59	162.44	64.86	11,774.74
60	163.32	63.98	11,611.42
61	164.21	63.09	11,447.21
62	165.10	62.20	11,282.10
63	166.00	61.30	11,116.10
64	166.90	60.40	10,949.20
65	167.81	59.49	10,781.39
66	168.72	58.58	10,612.67
67	169.64	57.66	10,443.04
68	170.56	56.74	10,272.48
69	171.49	55.81	10,100.99
70	172.42	54.88	9,928.57
71	173.35	53.95	9,755.22
72	174.30	53.00	9,580.92
73	175.24	52.06	9,405.68
74	176.20	51.10	9,229.48
75	177.15	50.15	9,052.33
76	178.12	49.18	8,874.22
77	179.08	48.22	8,695.13
78	180.06	47.24	8,515.08
79	181.03	46.27	8,334.04
80	182.02	45.28	8,152.03
81	183.01	44.29	7,969.02
82	184.00	43.30	7,785.02
83	185.00	42.30	7,600.02
84	186.01	41.29	7,414.01
85	187.02	40.28	7,226.99
86	188.03	39.27	7,038.96
87	189.05	38.25	6,849.91
88	190.08	37.22	6,659.82
89	191.11	36.19	6,468.71
90	192.15	35.15	6,276.56
91	193.20	34.10	6,083.36
92	194.25	33.05	5,889.11
93	195.30	32.00	5,693.81
94	196.36	30.94	5,497.45
95	197.43	29.87	5,300.02
96	198.50	28.80	5,101.52
97	199.58	27.72	4,901.93
98	200.67	26.63	4,701.27
99	201.76	25.54	4,499.51
100	202.85	24.45	4,296.66
101	203.95	23.35	4,092.71
102	205.06	22.24	3,887.64
103	206.18	21.12	3,681.47
104	207.30	20.00	3,474.17
105	208.42	18.88	3,265.75
106	209.56	17.74	3,056.19
107	210.69	16.61	2,845.50
108	211.84	15.46	2,633.66
109	212.99	14.31	2,420.67
110	214.15	13.15	2,206.52
111	215.31	11.99	1,991.21
112	216.48	10.82	1,774.73
113	217.66	9.64	1,557.07
114	218.84	8.46	1,338.23
115	220.03	7.27	1,118.21
116	221.22	6.08	896.98
117	222.43	4.87	674.56
118	223.63	3.67	450.92
119	224.85	2.45	226.07
120	226.07	1.23	0.00

Sources

Federal Direct Loan rates, 2026-27. U.S. Department of Education, Federal Student Aid, loans first disbursed from July 1, 2026; retrieved September 26, 2026.

Numbers on this page last changed September 26, 2026. How they are calculated: methodology.

Student loan calculator

Amortization schedule

First 12 months

Year by year

Other calculators

Sources