NextStudent Inc. ...college funding made simple.

Apply Now Contact Us

Get Started Now!
Call Toll-Free:
(800) 299-4639

  • Private Student Loans
  • Federal Student Loans
  • Student Loan Consolidation
  • Apply for Student Loan

  • Private Student Loans
  • Stafford Loans
  • PLUS Loans
  • Grad PLUS Loans
  • Consolidate Your Private Loans
  • Consolidate Your Federal Loans
  • Tools & Resources

  • Search for Scholarships
  • Financial Aid Calendar
  • Loan Repayment Calculator
  • FAFSA
  • Health Insurance
  • News & Blogs

  • NextPath Newsletter
  • The Students' Blog
  • Education News
  • Student Loan Blog
  • Financial Aid Advice
Click to verify BBB accreditation and to see a BBB report.
Click to view Verisign Secured Seal

HACKER SAFE certified sites prevent over 99.9% of hacker crime.
Take 60 seconds to get started
 

Student Loan Consolidation Calculator

How to Estimate Your Monthly Student Loan Payments

Federal student loans have variable interest rates set by the Federal Government each July. By consolidating this year, you are able to lock in the new lower rates for any eligible federal loans. In order to calculate your new rate and monthly payment, please enter each loan amount and interest rate in the calculator. If you are unsure of your current rates, please refer to the chart below. Please be sure to enter your base interest rate, and not a rate that includes incentives you may have with your current lenders. While you enter your loan information, the results will automatically calculate for you and display at the bottom.
Please note that these calculations are estimates only and your actual interest rate is dependent on verification by your current lenders.

Not sure about your interest rates? Use this guide to help find your rates.

Consolidation Loan Calculator

Loan Amount
Interest Rate
$ %
$ %
$ %
$ %
$ %
$ %
$ %
$ %
$ %
$ %

Standard Repayment Plan Results


Total Amount of Loans:
Monthly Payment:
Repayments Terms (months) :
Repayments Terms (months) After Consolidating:

Interest Rate:
Total Cost:

* The interest rate on Federal Consolidation Loans is the weighted average of the statutory rates of the federal student loans being consolidated, rounded up to the nearest 1/8th or 8.25%, whichever is less.

Quick Links
» Tools and Resources
» FAFSA
» Top Tips
» Financial Aid News
» FAQ
» Financial Aid Advisor: The Guided Tour
» NextPath

 

 

  • About NextStudent
  • Privacy
  • Terms of Service
  • Site Map
  • Contact
  • Opportunities
  • Investor Info
  • Tell a Friend
All content copyright © 2009 NextStudent Inc. All rights reserved.
Last updated Friday, July 03, 2009