Interest Savings Calculator
If you have an unsubsidized loan, see how much you could save if you pay the interest on your loan while you are in school.
Directions: Enter your information. Round up to the nearest dollar and don't use commas or symbols.
Loan Amount
Interest Rate
Payment Period
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Months
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Months
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Months
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Months
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Months
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Months
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Months
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Months
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If You Don't Pay Interest During School
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If You Do Pay Interest During School
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$
$
Savings
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$
Helpful Tips
- Making even one interest payment during school can save you money in the long run.
- Calculations are based on 4 years of schooling and, unless you change the payment period, an average 10-year or 120-month repayment schedule.
- This calculator provides only estimates based on the information you enter.