
Principal is the original or unpaid amount of a loan upon which interest is calculated. It may include capitalized interest.

For loans in repayment, the loan balance is your outstanding loan amount as of today.
For loans just entering repayment, the loan balance is the original principal loan amount disbursed, any capitalized and accrued interest, and all applicable fees.
This information can be found online or on your paper statement.

This information can be found online or on your paper statement.
Please note that this calculator does not adjust for variable rates. Variable interest rates are tied to a rate index. If the index changes, your interest rate will change. If your interest rate increases, your monthly payments will increase.

This is the length of time remaining to repay your loan. Typical repayment terms for private student loans range from 15 to 20 years. Terms may vary by loan type or lender.

Principal is the original or unpaid amount of a loan upon which interest is calculated. It may include capitalized interest.