Multiple-Loan Payoff Planner
List every student loan, add one extra monthly amount, and get the payoff order, dates, and total interest.
Your loans
Portfolio payoff plan
All loans cleared by
October 2032
Minimums on every loan, $150/month extra at the highest rate, and each finished loan's payment rolling forward clears $29,500 in 6 yr 1 mo with $6,482 of interest.
- Payoff order (highest rate first)
- Private loan → Unsubsidized 1 → Unsubsidized 2
- Total interest
- $6,482
- Time to done
- 6 yr 1 mo
Loan-by-loan schedule
View data table
| Loan | Paid off | Months from now |
|---|---|---|
| Private loan | October 2029 | 38 |
| Unsubsidized 1 | October 2031 | 62 |
| Unsubsidized 2 | October 2032 | 73 |
Forgiveness changes this math
Loans headed toward Public Service Loan Forgiveness or income-driven forgiveness usually shouldn't be prepaid — extras mostly shrink what would be forgiven. Run this plan on the loans you intend to pay off.What this may mean for you
Highest-rate-first is never slower in total than any other fixed order. If a quick early win would keep you motivated, clearing the smallest loan first costs a little more and pays back in momentum — the Snowball vs. Avalanche comparison shows the exact difference for your list.
Results are estimates for educational purposes and may not reflect your complete financial or tax situation.
Understanding this calculator
Most graduates hold a stack of loans at different rates — servicer-grouped, confusing, and easy to treat as one blob. Payoff order matters: aiming extras at the highest rate first (and rolling each finished loan's payment into the next) can shave meaningful interest versus spreading extras evenly.
The planner treats your list the way the debt-avalanche method would, and reports the schedule loan by loan — which also gives you the satisfying part: dates. Each loan gets a month it dies.
Assumptions and methodology
- Monthly simulation: minimums on every loan, extras to the highest-rate loan, freed payments rolling forward (avalanche).
- Each loan's payoff month and the overall debt-free date are reported; fixed rates and no new borrowing assumed.
- Income-driven plans and forgiveness tracks are not modeled — prepayment may not benefit loans headed for forgiveness.
Official sources
Last reviewed August 30, 2026. Year-specific figures show their tax or data year in the tool; data is reviewed when the IRS, SSA, and CMS publish annual updates.
Common questions
Should subsidized loans be treated differently?
In repayment they behave like any fixed-rate loan, so rate order still applies. The subsidy matters mainly during deferment periods, which this planner doesn't model.
Keep going
- Student Loan ExtrasSee what an extra monthly amount does to your student-loan payoff date and total interest.Calculator
- Student Loan RefiCompare your current loan with a refinance offer — including fees, term changes, and what federal borrowers give up.Calculator
- Debt-Free DateEnter every debt and one extra monthly amount — get the calendar date you're done, debt by debt.Calculator
Want a second set of eyes on this?
If you'd like to talk through what these numbers mean for your situation, you can schedule a free, no-pressure conversation. No products, no pitch — just questions answered.