Decide how much you can borrow (debt/salary wizard)

Use this interactive calculator to determine the following:

  • How much you can afford to borrow in student loan funds based on your future expected earnings.
  • The salary you will need in order to afford your student loan payments.

Note: This calculator is based on the recommendation that your student loan payment be no more than 8 percent of your gross earnings.

Debt Wizard

How much can I afford to borrow in
student loans based on a certain salary?

How much salary do I need to support
my student loan debt?
Expected salary:
Interest rate:
Repayment period:  (years)
 
*Do not enter dollar signs, percent signs or commas.
Current amount borrowed:
Future borrowing needs:
Interest rate:
Repayment period:  (years)
*Do not enter dollar signs, percent signs or commas.