Finance
Student Loan Payoff Calculator
See how much faster and cheaper aggressive payments are vs the minimum.
Months saved
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- Months (min)
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- Months (extra)
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- Interest saved
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FAQ
Avalanche vs snowball? +
Avalanche (highest rate first) saves more money. Snowball (smallest balance first) is more motivating. Both work.
Refinance or pay extra? +
Refinance if you can drop the rate by 1%+. Otherwise extra payments compound the savings either way.