Track your monthly student loan payments and understand interest and principal.
💛Prep: 2 min | Semi-Manual
🔗Link: Google sheets version - *Make a copy to edit*
🎥TikTok tutorial video: https://vm.tiktok.com/TTPdMfcubk/
Congratulations, you've graduated from college. This is a major accomplishment. Of course, with this comes new adult responsibilities such as preparing to pay down those student loans!
Here's a google sheet I made that calculates your monthly payment, how much goes to interest, and how much goes to principal. To edit with your own loan details, make sure you click File -> Make a copy.
Step 1 - Enter how much your student loans are
Step 2 - Enter your student loan annual interest rate
Step 3 - Enter your start date (whenever your next student loan payment will be). For most people the U.S. Department of Education (ED) extended the student loan payment pause through May 1, 2022.
Need more help?
You can always refer back to our tiktok or reach me at email@example.com anytime.
Who are we?
We're a small team based in the US building a free budgeting app. Our mission is to help people worry less about their money and spending. And helping you achieve your money goals. You can follow our journey on social media here.