How do I calculate how much of a monthly student loan repayment is interest and how much is the principle? The interest is tax deductible but the principle isn't.
>>3122247
Found it
>If you’re digging through the tax forms you got in the mail this year, keep an eye out for the Form 1098-E. This form from your student loan lender will let you know how much interest you’ve paid; you’ll use this to determine how much you can deduct when you file your taxes (up to $2,500 for single filers).
https://studentloanhero.com/featured/claim-student-loan-tax-credits/