Student Loan Calculator for US 2025

Compare standard repayment plans (IBR, PAYE, REPAYE/SAVE). Monthly payment, total paid, and debt forgiveness analysis.

Loan Parameters

Federal Rates 2024-25: 6.53% for Bachelor's Degree, 8.08% for Master's Degree

Comparison of payment plans

Standard (10 Years)
$397.42Month
Total Paid$47.7K
Total Interest$12.7K
Duration10.0 Years
IBR (20 Years)
$262.71Month
Total Paid$62.2K
Total Interest$27.2K
Duration19.8 Years
PAYE (20 Years)
$262.71Month
Total Paid$62.2K
Total Interest$27.2K
Duration19.8 Years
REPAYE/SAVE (20 Years)
$262.71Month
Total Paid$62.2K
Total Interest$27.2K
Duration19.8 Years

Come utilizzare Calcolatore Prestiti Studenteschi USA 2025

Insert loan balance and interest rate

Insert the current loan balance and interest rate. Federal student loan rates for 2024-25 range from 6.53% (bachelor's degree) to 8.08% (master's degree).

Indicate income and family nucleus

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

Compare all refund plans

Verify monthly rate, total paid and any allowed discount for Standard, IBR, PAYE and REPAYE plans (SAVE).

Consider programs of amnesty

IBR and Paye offer forgiveness after 20 years. Repaye/Save after 20-25 years. Public Service Loan Forgiveness (PSLF) after 10 years for qualified employers.

Suggerimenti

  • Use the standard plan if you can afford it: pay the lowest interest total.
  • Concise plans are beneficial if your income is low compared to debt, or if you're eligible for the Public Service Loan Forgiveness (PSLF).
  • Confirm your income every year on income-based plans: if income drops, so do the payments.

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.