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Important Note: You may use the Federal Loan Consolidation 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.

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Consolidating your loans allows you to combine your federal loans into a single loan. This can simplify the payment process by eliminating the confusion of several repayment schedules and may lower the cost of the loans. However, consolidation loans may also increase the cost of your loans by extending the payment time and/or increasing the interest costs. In this calculator, find out how a consolidation may affect you.

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* The HEAL loan interest rate for purposes of a Federal Consolidation Loan is determined by the value of Treasury Bonds as of June 30.

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