Built by someone who's lived it

MyStudentLoanPayoffCalculator exists because getting a straight answer about your student debt is far too difficult.

Morgan Reed, Founder

I graduated with seven different student loans — a mix of subsidized and unsubsidized, each with its own interest rate — and logged into my servicer's portal to find nothing but a monthly minimum payment and no real answers. When would I be debt-free? What would an extra $100 a month actually do? Was Public Service Loan Forgiveness even worth pursuing? Every calculator I found online only let me enter one loan at a time, or was built by a refinancing company whose real goal was to move me out of federal protections and into a private loan they could profit from.

This site is the tool I wanted to hand people: enter up to 8 real loans, compare avalanche against snowball, model every federal repayment plan against your real income, and see your PSLF math laid out honestly. Every calculation runs in your browser. There is no sign-up, no lead form, and no balance leaves your device.

I bring 15 years of experience in financial analysis, compliance, and strategic planning to how this tool is built and kept accurate.

How we make money

The calculator is free and always will be. The site is supported by advertising, an optional paid guide, and affiliate relationships with select lenders. Those relationships never change what the calculator outputs or which strategy we recommend — the math is the math.

Part of a wider network

MyStudentLoanPayoffCalculator sits alongside My1099Calculator, MyPropertyTaxCalculator and MyCreditCardPayoffCalculator — the same approach applied to self-employment tax, property assessments and credit card debt.

Editorial note: this site publishes educational tools and general information only. It is not a lender, servicer, or financial advisory service, and nothing here is personalised financial advice. See our Terms of Use.

Written by Morgan Reed, Founder of MyStudentLoanPayoffCalculator · Last updated August 2026