Student Loan Payoff Calculator
This calculator helps you determine how quickly you can pay off your student loans. It's designed for students and graduates who are looking to manage their debt effectively.
Loan Details
Payoff Results
Total Payoff Time:
0 months
Total Interest Paid:
$0.00
Formula (LaTeX) + variables + units
This section shows the formulas used by the calculator engine, plus variable definitions and units.
Formula (extracted LaTeX)
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Formula (extracted text)
n = -log(1 - r * P / A) / log(1 + r)
Variables and units
- P = principal (loan amount) (currency)
- r = periodic interest rate (annual rate ÷ payments per year) (1)
- n = total number of payments (years × payments per year) (count)
- M = periodic payment for principal + interest (currency)
Sources (authoritative):
- Home — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/ - Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance - Loans & Debt — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/finance-loans-debt - Loan Payoff Calculator | Extra Payments & Savings — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/loan-payoff - Loan Comparison Calculator - Compare Monthly & Total Cost — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/loan-comparison - Interest-Only Loan Calculator — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/interest-only-loan - Balloon Loan Calculator — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/balloon-loan - APR Calculator | Effective Rate Including Fees — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/apr
Changelog
Version: 0.1.0-draft
Last code update: 2026-01-19
Last code update: 2026-01-19
0.1.0-draft · 2026-01-19
- Initial audit spec draft generated from HTML extraction (review required).
- Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
- Confirm sources are authoritative and relevant to the calculator methodology.