Student Loan Consolidation Calculator

Use the simple student loan consolidation calculator below to determine the approximate payment amount of your consolidation loan. If you’re not sure of your interest rate, try a range of interest rates between 5%-8.25% to get a general idea of how it would affect your payment. Student loan consolidation rates are capped at 8.25%, so your interest rate would never go higher than that figure. The average interest rate is approximately 6.5%.