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Student Loan Calculator

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When looking at the total cost of your student loans, there are many factors to consider. Most student loan calculators assume that the loan will be repaid in equal monthly installments through standard amortization. Therefore, the results are not accurate for some alternate repayment plans, such as graduated repayment, or income contingent repayment.

It is important to note that some loans also have a minimum monthly payment requirement. For example:
– $50 for Stafford Loans
– $40 for Perkins Loans 
– $50 for PLUS Loans

Here are some of the best student loan calculators available:

FinAid Student Loan Calculator

College Board Student Loan Calculator

Be sure to take out your student loan money wisely!

Filed Under: Calculators
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About Robert Farrington

Robert Farrington is America's Millennial Money Expert, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him here.

One of his favorite tools is Personal Capital, which enables him to manage his finances in just 15-minutes each month. Best of all - it's free!

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a mix of properties through Fundrise. Worth a look if you're looking for a low dollar way to invest in real estate.