Parent PLUS Loan Repayment Calculator

Parent PLUS Loan Repayment Calculator (U.S. Federal)

This calculator provides estimates for U.S. Federal Parent PLUS Loans. Interest rates and origination fees for new Parent PLUS loans are fixed and set by the U.S. Department of Education, typically updated annually. Input the specific rate and fee applicable to your loan. This tool is for informational purposes only and is not financial advice. For official information, visit StudentAid.gov.

Loan Details:

Loan Amount Requested (before origination fee) ($):

Annual Interest Rate (%):

Loan Origination Fee (% of loan amount):

Loan Repayment Term (Years):

In-School Deferment & Interest Capitalization:

Deferment period before repayment begins (years, e.g., student's remaining time in school + 6 month grace):

Pay interest as it accrues during the deferment period?

No (Interest will capitalize) Yes (Pay interest monthly/quarterly)

Note: Parent PLUS loans accrue interest from disbursement. If not paid, it's typically capitalized (added to principal) when repayment begins.