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Income-Driven Repayment (IDR) Calculator

FREE

Compare IDR plans and find your lowest student loan payment

Debt Management

Inputs

Enter your information

How It Works

1Enter your student loan balance, interest rate, and income details
2Calculator compares all 4 IDR plans: SAVE, PAYE, IBR, and ICR
3See monthly payment, total cost, and forgiveness amount for each plan
4Get personalized recommendation based on whether you're pursuing PSLF
5View 10-25 year projection of balance and payments for the best plan

Assumptions

•SAVE plan: 10% of discretionary income, forgiveness after 20-25 years
•PAYE/IBR: 10% of discretionary income, forgiveness after 20 years
•ICR: 20% of discretionary income, forgiveness after 25 years
•PSLF forgiveness occurs after 10 years of qualifying payments
•Income and family size remain constant (actual IDR recertifies annually)
•Forgiven amounts may be taxable as income (except PSLF)

⚡Pro Features

✓Upload loan servicer statement - AI auto-fills balance and interest rate
✓Upload W-2 or pay stub - AI extracts income and filing status
✓Ask AI Copilot: "Should I pursue PSLF or pay off my loans faster?"
+5 more

Results

Fill in the inputs to see your results

Enter your data to calculate

How This Calculator Works

1Enter your student loan balance, interest rate, and income details
2Calculator compares all 4 IDR plans: SAVE, PAYE, IBR, and ICR
3See monthly payment, total cost, and forgiveness amount for each plan
4Get personalized recommendation based on whether you're pursuing PSLF
5View 10-25 year projection of balance and payments for the best plan

⚡Unlock Pro Features

✓Upload loan servicer statement - AI auto-fills balance and interest rate
✓Upload W-2 or pay stub - AI extracts income and filing status
✓Ask AI Copilot: "Should I pursue PSLF or pay off my loans faster?"
✓Upload tax return - AI calculates AGI and family size for accurate payment
✓Multi-year income projection using physician salary curves by specialty
✓Automatic annual recertification reminders based on your plan
✓Calculate impact of marriage, kids, or income changes on payment
✓Export payment history for PSLF employment certification form

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