Value of making interest payments calculator
Use our tool to estimate how much money you can save by making interest payments.

While in school or during periods of deferment, paying the interest that accrues on your loans during these periods may prevent your principal balance from growing. Your lender will send you quarterly interest statements detailing the amount of interest accrued. Contact your lender to make payment arrangements or to ask questions about your loan payments.


Enter your loan information.

If you have a subsidized loan and you are in school, in grace or in deferment, do not include your subsidized loans in the loan balance. The federal government pays the interest for you during these periods.

| ?
| ?
$
| ?
%
| ?



Add another loan Calculate payment

Please note, this calculator assumes that you are entering your loan balance as it exists when you enter repayment, and any accrued interest is capitalized at that time. If you borrowed an unsubsidized loan, the loan balance may be higher based on accrued interest.