Finance

Calculate Monthly Student Loan Payments

Built by Kevin Glover · @gloverbuilds · Verified formula

Estimate monthly payments for federal and private student loans. Standard, income-driven, and refinanced options.

📅 Updated April 2026 ✅ Formula verified 📖 4 min read 🆓 Free · No sign-up

In this article

Student Loan Repayment Options
The True Cost of Extended Repayment

BAFoeG-Rueckzahlung

BAFoeG ist 50% Zuschuss + 50% zinsloses Darlehen. Rueckzahlung beginnt 5 Jahre nach Foerderungs-Hoechstdauer. Maximum: 10.010 €. Rate: 130 €/Monat. Vorzeitige Tilgung: bis 50% Erlass! Bei 10.010 €: einmalig ~5.005 € zahlen spart ~5.005 €. Ein unschlagbares Angebot.

Freistellung

Unter ~1.605 € Nettoeinkommen: Freistellung moeglich. Antrag beim BVA (Bundesverwaltungsamt). Das BAFoeG-System ist eines der fairsten Studienkreditsysteme weltweit.

⚡ CalcWolf Insight

The average 2024 graduate carries $29,400 in student loan debt. At the standard 10-year repayment, that is $319/month. Every $100/month in extra payments cuts the payoff time by 3-4 years and saves $3,000-5,000 in interest. Even small extra payments have an outsized impact.

Frequently asked questions

Maximum Rueckzahlung?▾

10.010 €. Bei Sofortzahlung: bis 50% Erlass = ~5.005 €.

Kann ich freigestellt werden?▾

Ja — unter ~1.605 € Nettoeinkommen. Antrag beim BVA.

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Kevin Glover · @gloverbuilds

Founder, CalcWolf · GLVTS · Blickr

All formulas sourced from primary references — IRS publications, peer-reviewed research, and official standards. Results are tested against independent reference calculators before publishing. Rates and brackets updated when official sources change. Editorial policy →