Calculator Inputs
The page stays in a single centered flow, while the calculator fields switch to three columns on large screens, two on medium screens, and one on mobile.
Example Data Table
This sample shows one practical setup you can test with the calculator.
| Loan Balance | Annual Rate | Original Term | Months Paid | Moratorium | Interest Type | Moratorium Payment | Capitalization | Timeline Mode | Post Mode | Extra After |
|---|---|---|---|---|---|---|---|---|---|---|
| $25,000 | 6.50% | 120 months | 18 | 6 months | Compound interest | $0 | Yes | Extend term | Recalculate payment | $50 |
Formula Used
EMI = P × r × (1 + r)n ÷ ((1 + r)n - 1)
Monthly moratorium interest = Outstanding balance × monthly interest rate
Monthly moratorium interest = (Outstanding balance + unpaid accrued interest) × monthly interest rate
New payment = EMI based on revised amortized balance and selected remaining months
Where:
- P is the principal or amortized balance.
- r is the monthly rate, equal to annual rate ÷ 12.
- n is the number of remaining monthly payments.
How to Use This Calculator
- Enter the current outstanding loan balance and annual interest rate.
- Provide the original loan term and months already paid.
- Select the moratorium length and how interest behaves during that pause.
- Add any voluntary payment made during the moratorium.
- Choose whether unpaid interest should capitalize into the balance.
- Set whether the original end date stays fixed or moves later.
- Choose whether to recalculate the post-moratorium payment or keep the original one.
- Add any extra monthly amount you plan to pay after the moratorium.
- Press the calculate button to show results above the form.
- Use the CSV and PDF buttons to export the summary.
Frequently Asked Questions
1. What does this calculator estimate?
It estimates how a student loan moratorium affects deferred interest, revised monthly payment, payoff timeline, and total repayment cost under different pause and repayment choices.
2. What is the difference between simple and compound moratorium interest?
Simple interest is charged on the principal only. Compound interest also charges interest on previously unpaid accrued interest, which can grow the amount owed faster.
3. What does capitalized interest mean?
Capitalized interest means unpaid interest is added to the principal after the moratorium. Future installments are then calculated on a higher amortized balance.
4. Can I make payments during the moratorium?
Yes. Any payment entered during the moratorium first offsets accrued interest and then reduces principal. Even small voluntary payments can lower later repayment pressure.
5. Why does keeping the original end date raise the payment?
A fixed end date leaves fewer months to repay the balance after the pause. The calculator therefore spreads repayment over a shorter period, which lifts the monthly amount.
6. Why might the revised plan cost more overall?
A moratorium can increase total interest, especially when interest keeps accruing and payments are reduced or skipped. Capitalization may further raise later financing costs.
7. Does the graph show the same thing as the summary cards?
The graph shows balance movement over time, while the cards summarize major cost and payment figures. Together they reveal both timeline and affordability effects.
8. Is this calculator suitable for every student loan policy?
It is a planning tool, not a legal interpretation of any specific lender or government program. Always confirm your servicer’s exact moratorium and capitalization rules.
Planning Notes
This tool is useful for comparing relief structures before making a repayment decision. It highlights how interest treatment, capitalization, and timeline choices change the future burden.