Step 1 of 2
Loan repayment calculator
Step 1: Tell us about your loans.
Begin by providing basic account information on your Sallie Mae student loans
listed in the
“Type of Loan” drop-down list. If you have multiple loans, simply enter them by
clicking on the
“Add Another Loan” button.
Click here if you want to go straight to Sallie Mae’s Income-based Repayment (IBR) calculator or if you have only a Federal Consolidation Loan or do not have any federal loans with Sallie Mae and want to see if you are eligible for the new Income-based repayment plan.
For monthly payment estimates on your Sallie Mae Smart Option Student Loan click here.
Note: If your loan product is not listed in the “Type of Loan” drop-down list, a sample, estimated monthly payment amount is not available for that loan product. Please call 1-888-2-SALLIE for information on repayment of a loan product that is not listed.
Please note: This calculator is designed to estimate repayment schedules for your Federal subsidized and unsubsidized Stafford and Federal PLUS loans and some Sallie Mae private student loan products. The “Loan Balance” you enter should represent your total loan balance when your loan is placed into repayment status and includes the original principal loan amount disbursed, any capitalized and accruing interest, and any fees that have been added to your loan balance.
For information on your student loan account at Sallie Mae, please log into your online account.
All payment calculations are estimates only. Your monthly payment schedule and total payment estimates will vary based on type of loan, interest rate, loan term, fees and repayment behavior.
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