Your Loan & Income Info
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⚠️ Plan eligibility depends on when your loans were first disbursed (before vs. on/after July 1, 2026). This tool shows the traditional IDR plans plus RAP for comparison — verify your exact eligibility at studentaid.gov.
Methodology & Sources
How each plan's payment is estimated, and what this tool does not yet calculate
Discretionary income basis
PAYE, IBR, and ICR use discretionary income above 150% of the federal poverty line for your family size. SAVE uses 225% of the poverty line. RAP uses a different income-band structure and is not yet calculated here (see below). Poverty line figures used are the 2026 federal guidelines for the 48 contiguous states + DC.
Income growth projection
Multi-year IDR simulations apply your specified annual income growth rate every 12 months to project future payments. This is a simplifying assumption — real income rarely grows on a smooth annual schedule, and job changes, raises, or income loss will change your actual trajectory.
What RAP does not include yet
The new Repayment Assistance Plan (RAP) is shown with its eligibility and structural rules, but this tool does not calculate an exact RAP monthly payment — a fully verified public RAP payment formula was not available at the time this page was last reviewed. Use studentaid.gov's official Loan Simulator for an exact RAP figure.
Forgiveness & taxation
Forgiveness years shown reflect published program rules (20-25 years depending on plan and borrower cohort). Whether a forgiven IDR balance is federally taxable depends on the law in effect at the time of forgiveness — this changes based on legislative action, so we don't assume a specific tax outcome for years far in the future.