When it comes to managing your student loans, Excel can be an excellent resource. With Excel, you can perform calculations that will help you better understand your loans, but also keep track of payments over time. To help you get started, we’ve pre-built some really useful tools and trackers.
This spreadsheet provides a basic solution to tracking your student loan payments. It’s set up so that you can record individual payments for multiple loans until they’re paid in full.
This downloadable student loan amortization table will make it easy to visualize your repayment schedule and how interest expenses factor into each payment. To get started, you’ll need to know your current loan balance, interest rate, and repayment term.
This calculator provides the same functionality as the Downloadable Student Loan Amortization Table (above), but for multiple student loans. To get started, you’ll need to know the current current loan balance, interest rate, and repayment term for each loan.
This Excel spreadsheet can will allow you to determine how much you’ll save by making biweekly payments and help you implement a repayment plan. To get started, you’ll need to know your loan balance, interest rate, and your current monthly payment.
This spreadsheet will help you to estimate your REPAYE payment for each month you’re enrolled in the plan as well as how much of each payment will be applied to principal and interest. In addition, it will help you to estimate how much you’ll pay in total over the life of your loan and what amount, if any, will be forgiven after 20 or 25 years of qualifying payments.