STUDENT LOAN
PAYOFF CALCULATOR

When will you
pay off your
student loans?

Making payments on your student loans can seem endless. And with high interest rates, the day you finally pay off your debt might be farther away than you think. Use this calculator to get an idea of when your loan payoff date will be—and ways to make that date not so far away afterall.

Find out your
payoff date

ENTER YOUR INFO

Invalid loan amount

Invalid interest rate

Invalid monthly payment

Calculate

YOUR PAYOFF DATE:

Month

0

Year

2018

Did you know?

Make your student
debt go away faster.

Learn more start over

Don’t wait to pay off
your student loans.

Save over $15,000 2 on average in total payments with a shorter term—so you can get out of debt and on with your life even sooner than you thought.

Find My Rate

Even more ways to ditch

your student debt.

checkmark

Set up AutoPay.1

SoFi, along with many other student loan servicers, will give you a lower rate on your loan when you set up autopay. This is also a great way to make sure you never miss a payment.

checkmark

Work with your
employer.

There's a new ally in student debt repayment: your employer. Companies today may offer employee benefits that include matching student loan contributions and refinancing options, to help you can get out of debt-faster.

checkmark

Prepay your loan.

By paying more than the minimum payment towards your principal each month, you can get ahead on your payment schedule and lower the total amount of interest accrued on your loan.

Other tips and tricks.

Your 6-Step Plan for Managing Student Loans—and the Tools to Help You Do It
Read More
How to Choose Between Variable and Fixed Rate Student Loans
Read More
The Basics on How Student Loans Work
Read More

Pay off your
student loans
sooner.

Find My Rate Learn More
TLS 1.2 Encrypted
Equal Housing Lender