Student loan calculator
$56.82/month principal and interest
$1,819 total interest
Principal $5,000 Interest $1,819. 27¢ of every dollar paid goes to interest.
$5,000 over 10 years at 6.52%.
Source: U.S. Department of Education, 2026-27 undergraduate rate (default). An average, not an offer.
| Plan | Payment | Total interest |
|---|---|---|
| Standard (10 years) | $56.82 | $1,819 |
| Tiered Standard (10 years) | $56.82 | $1,819 |
| Extended (15 years) | $50.00 | $2,233 |
| Extended (20 years) | $50.00 | $2,233 |
| Extended (25 years) | $50.00 | $2,233 |
Amortization schedule
First 12 months
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $29.66 | $27.17 | $4,970.34 |
| 2 | $29.82 | $27.01 | $4,940.52 |
| 3 | $29.98 | $26.84 | $4,910.54 |
| 4 | $30.14 | $26.68 | $4,880.40 |
| 5 | $30.31 | $26.52 | $4,850.09 |
| 6 | $30.47 | $26.35 | $4,819.62 |
| 7 | $30.64 | $26.19 | $4,788.98 |
| 8 | $30.80 | $26.02 | $4,758.17 |
| 9 | $30.97 | $25.85 | $4,727.20 |
| 10 | $31.14 | $25.68 | $4,696.06 |
| 11 | $31.31 | $25.52 | $4,664.75 |
| 12 | $31.48 | $25.35 | $4,633.27 |
Year by year
| Year | Principal | Interest | Balance at year end |
|---|---|---|---|
| 1 | $367 | $315 | $4,633 |
| 2 | $391 | $291 | $4,242 |
| 3 | $418 | $264 | $3,824 |
| 4 | $446 | $236 | $3,379 |
| 5 | $476 | $206 | $2,903 |
| 6 | $508 | $174 | $2,395 |
| 7 | $542 | $140 | $1,854 |
| 8 | $578 | $104 | $1,275 |
| 9 | $617 | $65 | $658 |
| 10 | $658 | $23 | $0 |
| Total | $5,000 | $1,819 | $0 |
Full schedule, all 120 payments
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | 29.66 | 27.17 | 4,970.34 |
| 2 | 29.82 | 27.01 | 4,940.52 |
| 3 | 29.98 | 26.84 | 4,910.54 |
| 4 | 30.14 | 26.68 | 4,880.40 |
| 5 | 30.31 | 26.52 | 4,850.09 |
| 6 | 30.47 | 26.35 | 4,819.62 |
| 7 | 30.64 | 26.19 | 4,788.98 |
| 8 | 30.80 | 26.02 | 4,758.17 |
| 9 | 30.97 | 25.85 | 4,727.20 |
| 10 | 31.14 | 25.68 | 4,696.06 |
| 11 | 31.31 | 25.52 | 4,664.75 |
| 12 | 31.48 | 25.35 | 4,633.27 |
| 13 | 31.65 | 25.17 | 4,601.62 |
| 14 | 31.82 | 25.00 | 4,569.80 |
| 15 | 32.00 | 24.83 | 4,537.80 |
| 16 | 32.17 | 24.66 | 4,505.63 |
| 17 | 32.34 | 24.48 | 4,473.29 |
| 18 | 32.52 | 24.30 | 4,440.77 |
| 19 | 32.70 | 24.13 | 4,408.07 |
| 20 | 32.87 | 23.95 | 4,375.20 |
| 21 | 33.05 | 23.77 | 4,342.14 |
| 22 | 33.23 | 23.59 | 4,308.91 |
| 23 | 33.41 | 23.41 | 4,275.50 |
| 24 | 33.59 | 23.23 | 4,241.90 |
| 25 | 33.78 | 23.05 | 4,208.13 |
| 26 | 33.96 | 22.86 | 4,174.17 |
| 27 | 34.15 | 22.68 | 4,140.02 |
| 28 | 34.33 | 22.49 | 4,105.69 |
| 29 | 34.52 | 22.31 | 4,071.17 |
| 30 | 34.70 | 22.12 | 4,036.47 |
| 31 | 34.89 | 21.93 | 4,001.57 |
| 32 | 35.08 | 21.74 | 3,966.49 |
| 33 | 35.27 | 21.55 | 3,931.22 |
| 34 | 35.47 | 21.36 | 3,895.75 |
| 35 | 35.66 | 21.17 | 3,860.09 |
| 36 | 35.85 | 20.97 | 3,824.24 |
| 37 | 36.05 | 20.78 | 3,788.20 |
| 38 | 36.24 | 20.58 | 3,751.95 |
| 39 | 36.44 | 20.39 | 3,715.51 |
| 40 | 36.64 | 20.19 | 3,678.88 |
| 41 | 36.84 | 19.99 | 3,642.04 |
| 42 | 37.04 | 19.79 | 3,605.00 |
| 43 | 37.24 | 19.59 | 3,567.77 |
| 44 | 37.44 | 19.38 | 3,530.33 |
| 45 | 37.64 | 19.18 | 3,492.68 |
| 46 | 37.85 | 18.98 | 3,454.84 |
| 47 | 38.05 | 18.77 | 3,416.78 |
| 48 | 38.26 | 18.56 | 3,378.52 |
| 49 | 38.47 | 18.36 | 3,340.05 |
| 50 | 38.68 | 18.15 | 3,301.38 |
| 51 | 38.89 | 17.94 | 3,262.49 |
| 52 | 39.10 | 17.73 | 3,223.39 |
| 53 | 39.31 | 17.51 | 3,184.08 |
| 54 | 39.52 | 17.30 | 3,144.55 |
| 55 | 39.74 | 17.09 | 3,104.81 |
| 56 | 39.96 | 16.87 | 3,064.86 |
| 57 | 40.17 | 16.65 | 3,024.69 |
| 58 | 40.39 | 16.43 | 2,984.30 |
| 59 | 40.61 | 16.21 | 2,943.69 |
| 60 | 40.83 | 15.99 | 2,902.85 |
| 61 | 41.05 | 15.77 | 2,861.80 |
| 62 | 41.28 | 15.55 | 2,820.53 |
| 63 | 41.50 | 15.32 | 2,779.03 |
| 64 | 41.73 | 15.10 | 2,737.30 |
| 65 | 41.95 | 14.87 | 2,695.35 |
| 66 | 42.18 | 14.64 | 2,653.17 |
| 67 | 42.41 | 14.42 | 2,610.76 |
| 68 | 42.64 | 14.19 | 2,568.12 |
| 69 | 42.87 | 13.95 | 2,525.25 |
| 70 | 43.10 | 13.72 | 2,482.14 |
| 71 | 43.34 | 13.49 | 2,438.80 |
| 72 | 43.57 | 13.25 | 2,395.23 |
| 73 | 43.81 | 13.01 | 2,351.42 |
| 74 | 44.05 | 12.78 | 2,307.37 |
| 75 | 44.29 | 12.54 | 2,263.08 |
| 76 | 44.53 | 12.30 | 2,218.55 |
| 77 | 44.77 | 12.05 | 2,173.78 |
| 78 | 45.01 | 11.81 | 2,128.77 |
| 79 | 45.26 | 11.57 | 2,083.51 |
| 80 | 45.50 | 11.32 | 2,038.01 |
| 81 | 45.75 | 11.07 | 1,992.25 |
| 82 | 46.00 | 10.82 | 1,946.25 |
| 83 | 46.25 | 10.57 | 1,900.00 |
| 84 | 46.50 | 10.32 | 1,853.50 |
| 85 | 46.75 | 10.07 | 1,806.75 |
| 86 | 47.01 | 9.82 | 1,759.74 |
| 87 | 47.26 | 9.56 | 1,712.48 |
| 88 | 47.52 | 9.30 | 1,664.96 |
| 89 | 47.78 | 9.05 | 1,617.18 |
| 90 | 48.04 | 8.79 | 1,569.14 |
| 91 | 48.30 | 8.53 | 1,520.84 |
| 92 | 48.56 | 8.26 | 1,472.28 |
| 93 | 48.83 | 8.00 | 1,423.45 |
| 94 | 49.09 | 7.73 | 1,374.36 |
| 95 | 49.36 | 7.47 | 1,325.00 |
| 96 | 49.63 | 7.20 | 1,275.38 |
| 97 | 49.90 | 6.93 | 1,225.48 |
| 98 | 50.17 | 6.66 | 1,175.32 |
| 99 | 50.44 | 6.39 | 1,124.88 |
| 100 | 50.71 | 6.11 | 1,074.17 |
| 101 | 50.99 | 5.84 | 1,023.18 |
| 102 | 51.27 | 5.56 | 971.91 |
| 103 | 51.54 | 5.28 | 920.37 |
| 104 | 51.82 | 5.00 | 868.54 |
| 105 | 52.11 | 4.72 | 816.44 |
| 106 | 52.39 | 4.44 | 764.05 |
| 107 | 52.67 | 4.15 | 711.37 |
| 108 | 52.96 | 3.87 | 658.41 |
| 109 | 53.25 | 3.58 | 605.17 |
| 110 | 53.54 | 3.29 | 551.63 |
| 111 | 53.83 | 3.00 | 497.80 |
| 112 | 54.12 | 2.70 | 443.68 |
| 113 | 54.41 | 2.41 | 389.27 |
| 114 | 54.71 | 2.12 | 334.56 |
| 115 | 55.01 | 1.82 | 279.55 |
| 116 | 55.31 | 1.52 | 224.25 |
| 117 | 55.61 | 1.22 | 168.64 |
| 118 | 55.91 | 0.92 | 112.73 |
| 119 | 56.21 | 0.61 | 56.52 |
| 120 | 56.52 | 0.31 | 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.