Calculator Test

SFA’s loan calculator helps students estimate the total cost of taking out a student loan. Simply input the loan amount ($), the length of the loan (months), and choose the loan type below.
A Simple Loan Calculator is available
To estimate repayment of a Federal Direct Loan, please use the Department of Education’s calculator,

Enter Loan Amount

Enter Loan Period

Input a rate of interest
(e.g., for 1%, enter .01)
Months until graduation
Estimated Interest

In Dollars

Estimated Total Cost of Loan

In Dollars

Estimated Monthly Payment

In Dollars

Estimated Number of Payments