mortgage calculator

Student Loan Payoff Calculator

Student Loan Payoff Calculator excel to calculate early payoff for your student loan. There are two ways to calculate student loan prepayment, use a desired monthly payment or the number of years until payoff. Learn how long it takes to pay pay off student loans with our student loan payoff calculator. You can export the student loan payoff amortization schedule in an excel sheet. The student loan prepayment calculator will show you how much you save in total interest payments when you make an extra payment to pay off your student loan early.

Student Loan Prepayment Calculator

Current Balance
$
Interest Rate
Current Monthly Payment
$
Extra Monthly Payment
$
OR
Desired Payoff Years
years

How long does it take to pay off student loans?

Original vs. Early Payoff

Original Early Payoff
Monthly Payment
$500.00
$600.00
Expected Payoff Time
66 months
54 months
Total Interest
$2,544.45 $2,087.76
Total Principal
$30,000.00 $30,000.00
Total Payment
$32,544.45 $32,087.76
Total Interest Savings
$0 $456.69
Payoff Date
May, 2027 May, 2026

Early Payoff Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Dec, 2021 1 $75.00 $525.00 $600.00 $29,475.00
Jan, 2022 2 $73.69 $526.31 $600.00 $28,948.69
Feb, 2022 3 $72.37 $527.63 $600.00 $28,421.06
Mar, 2022 4 $71.05 $528.95 $600.00 $27,892.11
Apr, 2022 5 $69.73 $530.27 $600.00 $27,361.84
May, 2022 6 $68.40 $531.60 $600.00 $26,830.25
Jun, 2022 7 $67.08 $532.92 $600.00 $26,297.32
Jul, 2022 8 $65.74 $534.26 $600.00 $25,763.07
Aug, 2022 9 $64.41 $535.59 $600.00 $25,227.47
Sep, 2022 10 $63.07 $536.93 $600.00 $24,690.54
Oct, 2022 11 $61.73 $538.27 $600.00 $24,152.27
Nov, 2022 12 $60.38 $539.62 $600.00 $23,612.65
Dec, 2022 13 $59.03 $540.97 $600.00 $23,071.68
Jan, 2023 14 $57.68 $542.32 $600.00 $22,529.36
Feb, 2023 15 $56.32 $543.68 $600.00 $21,985.68
Mar, 2023 16 $54.96 $545.04 $600.00 $21,440.65
Apr, 2023 17 $53.60 $546.40 $600.00 $20,894.25
May, 2023 18 $52.24 $547.76 $600.00 $20,346.48
Jun, 2023 19 $50.87 $549.13 $600.00 $19,797.35
Jul, 2023 20 $49.49 $550.51 $600.00 $19,246.84
Aug, 2023 21 $48.12 $551.88 $600.00 $18,694.96
Sep, 2023 22 $46.74 $553.26 $600.00 $18,141.70
Oct, 2023 23 $45.35 $554.65 $600.00 $17,587.05
Nov, 2023 24 $43.97 $556.03 $600.00 $17,031.02
Dec, 2023 25 $42.58 $557.42 $600.00 $16,473.60
Jan, 2024 26 $41.18 $558.82 $600.00 $15,914.78
Feb, 2024 27 $39.79 $560.21 $600.00 $15,354.57
Mar, 2024 28 $38.39 $561.61 $600.00 $14,792.96
Apr, 2024 29 $36.98 $563.02 $600.00 $14,229.94
May, 2024 30 $35.57 $564.43 $600.00 $13,665.51
Jun, 2024 31 $34.16 $565.84 $600.00 $13,099.68
Jul, 2024 32 $32.75 $567.25 $600.00 $12,532.43
Aug, 2024 33 $31.33 $568.67 $600.00 $11,963.76
Sep, 2024 34 $29.91 $570.09 $600.00 $11,393.67
Oct, 2024 35 $28.48 $571.52 $600.00 $10,822.15
Nov, 2024 36 $27.06 $572.94 $600.00 $10,249.21
Dec, 2024 37 $25.62 $574.38 $600.00 $9,674.83
Jan, 2025 38 $24.19 $575.81 $600.00 $9,099.02
Feb, 2025 39 $22.75 $577.25 $600.00 $8,521.76
Mar, 2025 40 $21.30 $578.70 $600.00 $7,943.07
Apr, 2025 41 $19.86 $580.14 $600.00 $7,362.93
May, 2025 42 $18.41 $581.59 $600.00 $6,781.33
Jun, 2025 43 $16.95 $583.05 $600.00 $6,198.29
Jul, 2025 44 $15.50 $584.50 $600.00 $5,613.78
Aug, 2025 45 $14.03 $585.97 $600.00 $5,027.82
Sep, 2025 46 $12.57 $587.43 $600.00 $4,440.39
Oct, 2025 47 $11.10 $588.90 $600.00 $3,851.49
Nov, 2025 48 $9.63 $590.37 $600.00 $3,261.12
Dec, 2025 49 $8.15 $591.85 $600.00 $2,669.27
Jan, 2026 50 $6.67 $593.33 $600.00 $2,075.94
Feb, 2026 51 $5.19 $594.81 $600.00 $1,481.13
Mar, 2026 52 $3.70 $596.30 $600.00 $884.83
Apr, 2026 53 $2.21 $597.79 $600.00 $287.05
May, 2026 54 $0.72 $287.05 $287.76 $0.00





Early Mortgage Payoff Calculator
Mortgage Payoff Calculator
Mortgage Refinance Calculator
Commercial Mortgage Calculator
Mortgage Comparison Calculator
Balloon Mortgage Calculator
Mortgage Calculator App
Monthly Mortgage Payment Calculator
Biweekly Mortgage Calculator with Extra Payments
Interest Only Mortgage Calculator
Simple Mortgage Calculator
Advanced Mortgage Calculator
FHA Loan Calculator
VA Loan Calculator
USDA Loan Mortgage Calculator
Mortgage Calculator By State
Down Payment Calculator
Reverse Mortgage Calculator
Mortgage Affordability Calculator
Mortgage Balance Calculator
Cash Out Refinance Calculator
Refinance Break Even Calculator
Mortgage Recast Calculator
How Much House Can I Afford
HELOC Calculator
HELOC Payoff Calculator
HELOC Payment Calculator
Mortgage Prepayment Calculator
Mortgage Calculator Canada
Mortgage Calculator UK
PMI Removal Calculator
Mortgage Insurance Calculator
Real Estate Commission Calculator
Commercial Real Estate Commission Calculator
Mortgage Calculator With Extra Payments
APR Calculator
Property Tax Calculator
Investment Property Calculator
Interest Rate Calculator
Mortgage Interest Tax Deduction Calculator
Mortgage Calculator Excel
Amortization Schedule With Irregular Payments
15 Year Mortgage Calculator
30 Year Mortgage Calculator
Condo Mortgage Calculator
Second Mortgage Calculator
Mortgage Points Calculator
Home Improvement Loan Calculator
Home Sale Net Proceeds Calculator
Closing Costs Calculator
Construction Loan Calculator
Home Appreciation Calculator
BRRRR Calculator
Hard Money Loan Calculator
70% Rule Calculator

Auto Loan Calculator

Car Loan Amortization Schedule Excel
Auto Loan Payoff Calculator
Auto Loan Calculator with Trade in
Auto Refinance Calculator
RV Loan Calculator
Motorcycle Loan Calculator
Car Lease Calculator
Car Depreciation Calculator
LTV Calculator Auto
Reverse Auto Loan Calculator
How Much Car Can I Afford

Loan Calculator

Printable Amortization Schedule
Amortization Schedule Excel
Amortization Schedule With Extra Payments
LTV Calculator
Debt To Income Ratio Calculator
Debt Payoff Calculator
How Much Rent Can I Afford
Boat Loan Calculator
Student Loan Calculator
Student Loan Payoff Calculator
Personal Loan Calculator
Personal Loan Payoff Calculator
Land Loan Calculator
Loan Payoff Calculator
Loan Calculator Excel
Reverse Loan Calculator

Savings & Investments Calculator

Compound Interest Calculator
Airbnb Calculator

Credit Card Calculators

Credit Card Calculator
Credit Card Payoff Calculator
Credit Card Minimum Payment Calculator
Credit Card Interest Calculator
Multiple Credit Card Payoff Calculator

Mortgage Guide

How to Pay Off Mortgage Earlier
How to Improve Credit Score
What Percent Do Real Estate Agents Make

Mortgage Calculator Widget

Free Mortgage Calculator Widget

Mortgage Calculator | Terms | Privacy | Disclaimer | Contact

©2021 Mortgage Calculator Excel