US Student Loan Repayment Calculator 2025

Compare Standard, IBR, PAYE and REPAYE/SAVE repayment plans. Monthly payment, total paid and forgiveness analysis.

Loan Parameters

2024-25 federal rates: 6.53% undergrad, 8.08% grad

Repayment Plan Comparison

Standard (10 Years)
$397.42/mo
Total Paid$47.7K
Total Interest$12.7K
Term10.0 years
IBR (20 Years)
$262.71/mo
Total Paid$62.2K
Total Interest$27.2K
Term19.8 years
PAYE (20 Years)
$262.71/mo
Total Paid$62.2K
Total Interest$27.2K
Term19.8 years
REPAYE/SAVE (20 Years)
$262.71/mo
Total Paid$62.2K
Total Interest$27.2K
Term19.8 years

Come utilizzare US Student Loan Repayment Calculator 2025

Enter Loan Balance and Interest Rate

Input the current total loan balance and interest rate. Federal student loan rates for 2024-25 are 6.53% (undergrad) to 8.08% (grad).

Provide Income and Family Size

Income-based plans (IBR, PAYE, REPAYE) calculate payments as a percentage of discretionary income. Higher income = higher payments.

Compare All Repayment Plans

Review monthly payment, total paid and any forgiveness amount for Standard, IBR, PAYE and REPAYE (SAVE) plans.

Consider Forgiveness Programs

IBR and PAYE offer forgiveness after 20 years. REPAYE/SAVE after 20-25 years. Public Service Loan Forgiveness (PSLF) at 10 years for qualifying employers.

Suggerimenti

  • Use the Standard plan if you can afford it — you pay the least total interest.
  • Income-driven plans are valuable if your income is low relative to debt, or if you qualify for PSLF.
  • Recertify your income annually on income-driven plans — if income drops, payments drop too.

Domande frequenti

What is the difference between IBR, PAYE and REPAYE?

IBR (Income-Based Repayment): 10-15% of discretionary income, 20-25 year forgiveness. PAYE (Pay As You Earn): 10% of discretionary income, 20-year forgiveness — only for loans disbursed after 10/1/2011. REPAYE/SAVE (Saving on Valuable Education): 5-10% of discretionary income, 20-25 year forgiveness — open to all Direct Loan borrowers.

What is discretionary income for student loan purposes?

Discretionary income = Adjusted Gross Income (AGI) minus 1.5x the federal poverty guideline for your family size. For a single person in 2025: 1.5 × $15,650 = $23,475. So if your income is $55,000, your discretionary income is $55,000 - $23,475 = $31,525.

Is forgiven student loan debt taxable?

Under the American Rescue Plan Act, student loan forgiveness is tax-free at the federal level through 2025. After that, it may be treated as taxable income. PSLF forgiveness is always tax-free. Check current IRS guidance for the latest rules.

What is PSLF?

Public Service Loan Forgiveness: If you work for a government or qualifying nonprofit and make 120 qualifying monthly payments on an income-driven repayment plan, the remaining balance is forgiven tax-free. This is often the best option for teachers, nurses, government workers.