The COVID-19 crisis continues to have wide-ranging effects on the economy and Americans’ everyday lives. The federal government stepped in to provide student loan relief by suspending federal student loan payments through Sept. 30, 2020. Calculate: How Will Federal Student Loan Coronavirus Forbearance Affect Your Loans? Student Loan Forbearance Calculator Loan balance Interest rate Loan term Months left to pay back No. of months you will continue to pay 0 1 2 3 4 5 Extra $ paid/month during pause period Calculate Total Amount Paid $10,272.9 Total Savings $0

Source: Forbes August 13, 2020 14:26 UTC