Checking how much student loans i owe

Use the slider to see how increasing your payments can change the payoff date. Does refinancing make sense for you? Compare offers from top refinancing lenders to determine your actual savings. Just enter your APR, credit score, monthly payment, and remaining balance estimates are fine to see how your loan stacks up. Student Loan Refinancing.

Advertiser Disclosure. In this post: Find out how much you owe in student loans How to find your federal student loan balance How to find your private student loan balance Find out your loan score Find out how much you owe in student loans When you took out your student loans, you agreed to borrow a set amount and to repay it with interest.

If you consolidate qualifying loans by Oct. Find full details of the action steps you must take on the Federal Student Aid site. Refinancing is similar to consolidation in that you bring all your loans into one manageable loan. You can refinance both private and federal student loans together. Review your loans, including your interest rate, repayment terms, how much you pay every month, and how much you could save if you choose either of these options.

Dori Zinn has been a personal finance journalist for more than a decade. She loves helping people learn about money, specializing in topics like investing, real estate, borrowing money and financial literacy. She has won several national and state awards for uncovering employee discrimination at a government agency, and how the financial crisis impacted Florida banking and immigration. Select Region. United States. United Kingdom. Dori Zinn, Rachel Witkowski. Contributor, Editor.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Paying Down Debt. Dealing With Problems. Table of Contents Expand. Table of Contents. Find Federal Student Loan Balances. Find Your Private Loan Balances. By Ken Clark. He is an expert on student loans, financial aid, and paying for college, and has also authored six personal finance books.

Ken is a licensed family therapist specializing in money conflict among couples. Learn about our editorial policies. Reviewed by Michael J Boyle. Article Reviewed October 25, Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics.

Learn about our Financial Review Board. Article Sources. Part Of. Your Privacy Rights. To change or withdraw your consent choices for TheBalance. Fill out your personal information, including name, address and Social Security number. You should check all three, as some credit bureaus may have more information than others.

This will include credit card and other loan information, but you should be able to identify your private student loans. Once you identify your private student loan lender or student loan servicer in the accounts section, you can see your student loan balance. This way, you can find your student loan balance and get information for medical-specific loans that may have been administered by the HRSA.

You know you borrowed money to fund your education, but the exact amount might be unclear. You might even be in denial about how much you really owe and want to ignore your loans.

Trust me, I know how comforting it is initially to be in denial. But from experience, it will catch up with you, so facing your student loan debt head on is best. Knowing all of this and taking action can help you pay back your loans, avoid delinquency and default, and be in control of your debt. To streamline repayment, you may consider consolidation loans or even refinancing to lower your interest rate.

While it can be tough to learn your student loan balance and see that number in front of you, doing so can help you create a clear plan with your student loan payments. Do you need help with your student loans? Get in touch for a custom plan. Take our 11 question quiz to get a personalized recommendation of whether you should pursue PSLF, IDR forgiveness, or refinancing including the one lender we think could give you the best rate. Melanie Lockert is the founder of the blog and author of the book, Dear Debt.

She is also the co-founder of the Lola Retreat, which helps bold women face their fears, own their dreams and figure out a plan to be in control of their finances. Privacy Policy - Terms and Conditions - Disclaimer. Refinancing federal loans causes the borrower to lose access to income-based repayment plans as well as the PSLF program.

We may earn compensation from advertising partners when you click on links on this site. We do not provide tax or legal advice. This is why we work hard to ensure that our content delivers complete and unbiased information. Read more about our editorial ethics policy. All rates listed represent APR range. Offered terms are subject to change and state law restriction. If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.

If you choose to complete an application, we will conduct a hard credit pull, which may affect your credit score. Borrowers must complete the Refinance Bonus Request form to claim a bonus offer.