Undergraduate Loan Calculator

Use our undergraduate student loan calculator1 to see your loan in action!

two person icon

Want to borrow less?

Enter to win our $1,000 monthly scholarship

Enter Now

Let's get started, you've got this.

Understanding Your Results

Based on how you adjust your loan variables, you’ll notice changes in how much you’ll pay each month, the amount of interest you’ll pay and how long you’ll need.

  • Monthly payment: Once you start to pay back your student loan, this is the amount due each month. The longer the term, the lower your monthly payment but you’ll pay more overall.
  • In School Payment: If you choose to make in-school payments, this is the monthly amount to pay while in school. Student loan repayment can be deferred until after graduation but making payments during school is a great way to reduce the total cost of your loan.
  • Principal: The total amount you will borrow. As you make payments, you will start to pay down the principal amount of your loan, reducing the total interest that accrues each month.
  • Total Interest: The total amount in interest you’ll pay on your loan.

Once you’ve experimented with your results, you can see if you prequalify specifically for a College Ave loan or learn more about shopping for student loans.

Apply Now



Calculations are estimates only. Your actual monthly payment amounts, interest rate, and payment schedule may vary from the results shown and will be based on terms in effect at the time your loan is approved. The interest rate for your loan may be based, in part, on whether you have a creditworthy cosigner. Applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate. Your interest rate may be higher without a creditworthy cosigner.


Which product best suits you?

Interested in building your credit?

Set sights on a brighter financial future by establishing a positive credit history easily and safely with Ambition Card.

Ambition Card by College Ave
Find My Application