Income-Driven Repayment Calculator
Compare all IDR plans and find which one saves you the most.
Which IDR Plan Should You Choose?
Choose SAVE if:
- You have undergraduate loans (when plan becomes available)
- You want the lowest monthly payments (5% discretionary income)
- You want loan forgiveness in 10 years
Choose PAYE if:
- You're a newer borrower (loans after Oct 2007 & 2011)
- You want a payment cap to protect future income growth
- You have graduate loans
Choose IBR if:
- You have older loans (before Oct 2007)
- You don't qualify for PAYE
- You want to exclude spouse income by filing separately
Choose ICR if:
- You have Parent PLUS loans
- You consolidate Parent PLUS loans into Direct Consolidation