If you’re worried about your future after graduation, the free College Loan Calculator is here to put your mind at ease. This free document gives you all the tools necessary to estimate your monthly student loan payments based on your income and the amount you owe.
This will make it easier for you to start budgeting right away so you can pay off your student loans as soon as possible.
Many students dread graduating for this very reason but you’ll be two steps ahead of all your friends by using this free template. Learn how to download the free template by reading the list of instructions given below.
How to Download and Use the College Loan Payment Calculator
The first step is to download the free template file to your computer. To do this, you will need to click the link we have provided for you at the bottom of this page.
Next, follow the directions below to receive your estimate.
Enter your loan details in the table.
This will include your estimated annual salary and the start date of your student loan payments. You can enter these two figures at the top of the page.
You can see the data for your loans, such as the combined monthly payment and the percentage of your monthly income.
In the main table at the bottom of the page, you can also organize all your lenders and see how much you actually owe. This will help you consolidate your loans later on as well.
The consolidated total will appear at the bottom of the page, along with your estimated monthly income after graduation.
This template will help you organize all your student loan information in a way that’s fast, simple, and easy for you to start paying them off as effectively as possible.
Download: College Loan Calculator
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