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The Federal Student Loan Repayment Calculator - Strengths and Limitations
The U.S. Department of Education's loan simulator tool can be helpful when choosing a loan repayment plan and calculating your monthly payments.
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Matt Carter has covered mortgages and student loans for over 20 years. He has provided his financial insight to CNBC, CNN Money, The New York Times, The Wall Street Journal, and The Washington Post.
Updated October 3, 2024
Editorial disclosure: Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to here as “Credible.”
