Student Loan Repayment Calculator
Estimate your repayment timeline using the provincial or territorial interest rate on your loan statement. The federal loan portion has been interest-free since April 1, 2023.
Your Student Loan Details
Choose where your loan was issued. Quebec, the Northwest Territories and Nunavut operate their own programs; use 0% federal for loans from those programs.
Enter the current rate shown on your loan statement. Some rates vary with prime and can change; enter 0 if your provincial loan is interest-free.
The federal zero-payment threshold depends on family size. This uses the 2026 single-person threshold as a reference; the NSLSC determines eligibility.
Estimates only. Repayment uses monthly interest and allocates payments by your original federal/provincial split, redirecting unused payments when one portion is repaid. Your servicer may allocate payments differently and charge daily interest. The model excludes accrued historical interest, rate changes, tax credits, missed payments, forgiveness and RAP adjustments. If a balance remains after 50 years, the result is not a payoff date. Follow the required payments on your loan statements.