The Math
Student Loan
Benefit Calculator
A supplemental employer payment can save you thousands in interest and bypass years of repayment. Enter your loan details below to see the impact of a Paidly student loan benefit.
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Understanding the Impact
The strategy behind employer student loan repayment is simple yet powerful. By targeting principal directly, you bypass the standard interest-heavy repayment curve.
Compounding Interest Savings
Extra monthly payments through Paidly are applied directly to your principal. This reduces the base amount on which interest compounds every month, creating a snowball effect that accelerates your debt-free date.
How Interest Works
Permanent Tax Savings
Employer contributions up to $5,250 annually are permanently tax-free under IRS Section 127. This allows you to receive your full benefit amount without any income tax withholding.
Explore Tax-Free Benefits
On-Demand Repayment
Don't wait for standard payroll cycles. With Paidly On-Demand, you and your employer can schedule supplemental payments that hit your loan servicer in real-time to maximize interest reduction.
Explore On-Demand
Smarter Projections
Our calculator accounts for your current balance and rate to provide high-fidelity forecasts. Understanding these variables is the first step toward reclaiming your future.
Don't have a Student Loan Benefit yet?
The best way to get a student loan benefit is to start the conversation with your employer. We can help you present the benefits to your HR or benefits manager.