Student Loan Calculator
Understand the true cost of your degree. See how deferment affects your balance and monthly payments.
Loan Details
Enter your federal or private loan info.
48 Months
Period before you start making payments.
Check this if the government pays your interest while in school.
Post-Graduation Payment
$0
Starting January 2030
Original Principal$30,000
Balance at Graduation$0
Total Cost of Loan$0
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Subsidized vs. Unsubsidized: The Hidden Cost
One of the biggest surprises for graduates is their loan balance. If you have an Unsubsidized Loan, interest accrues from day one—even while you are in class.
What is Capitalization?
When you graduate and the deferment period ends, any unpaid interest is added to your principal balance. This is called capitalization. From that point on, you pay interest on your interest.