Question 1

What does the free basic payoff calculator include?

Accepted Answer

It provides one free scheduled-payment estimate for one loan. Enter the balance, annual interest rate, and monthly payment to see estimated payoff timing and interest, along with the free Loan Health Score.

Question 2

What does Premium include, and what does it cost?

Accepted Answer

Premium is an active subscription at $9.99 per month or $79 per year. It includes access to all specialized calculators and comparisons, multiple payoff scenarios, Loan Health Score improvement strategies, and saved debt progress with dated balance check-ins. One basic payoff scenario remains free.

Question 3

What is the $6.99 Personalized Student Loan Payoff Plan?

Accepted Answer

It is a separate $6.99 USD one-time purchase for a saved private report and PDF based on the scenario entered, with estimated payoff timing and interest. A refinance comparison appears only when the borrower provides a written quote. The plan includes neither the separate $6.99 Student Loan Payoff Toolkit nor Premium, and it does not grant Premium access.

Question 4

What are the limits of the payoff estimates?

Accepted Answer

Estimates are for educational purposes; they are not financial, tax, or legal advice, guarantees, or promised payoff dates or savings. The calculator divides the annual interest rate by 12 and applies monthly interest before each payment. It assumes the rate and payment stay steady, and excludes fees, deferments, new borrowing, and loan-status changes. Actual servicing calculations and loan terms may differ. Prefilled values are samples. No payoff result is available when a payment does not reduce the balance or when the estimate exceeds the 100-year horizon.

Answers about payoff estimates and membership.

Frequently asked questions