Income-Driven Repayment Calculator
Compare IBR, PAYE, REPAYE, and ICR plans to find your best student loan repayment strategy
💰 Loan Details
👤 Your Information
📊 Your Profile
Poverty Guideline:$15,060
Discretionary Income:$22,410
Standard Payment:$488/mo
💡 Income-Driven Plans
IBR (Income-Based)
25 years$280/mo
Annual Payment:$3,362
Total Paid:$84,038
Potential Savings:$-25,433
PAYE (Pay As You Earn)
20 years$187/mo
Annual Payment:$2,241
Total Paid:$44,820
Potential Savings:$13,784
REPAYE (Revised PAYE)
20 years$187/mo
Annual Payment:$2,241
Total Paid:$44,820
Potential Savings:$13,784
ICR (Income-Contingent)
25 years$750/mo
Annual Payment:$9,000
Total Paid:$225,000
Potential Savings:$-166,396
Understanding IDR Plans
Key Features
- Payments based on income and family size
- Loan forgiveness after 20-25 years
- Annual income recertification required
- Forgiven amounts may be taxable
Quick Comparison
- IBR: 15% of discretionary income, capped
- PAYE: 10% of discretionary income, capped
- REPAYE: 10% of discretionary income, no cap
- ICR: 20% of discretionary income