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Important Note: You may use the College Loan Prepayment Calculator without logging in or registering. However, you will not be able to save your information. If you would like to enable the save functionality, you must first Log-in or Register.

Calculator Inputs

This calculator is intended to help you understand the benefits of prepaying your loan (i.e., making higher loan payments than necessary). We allow you to compare the standard payment plan with increased payment plans.

Amount of Loan (Principal): $
Annual Interest Rate: %
Term of Loan: Years

Monthly Payment You Would Like to Make:

  Scenario 1: $
  Scenario 2: $

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