Compare the standard 10-year plan with income-based plans (IBR and the newer RAP) side by side. See the monthly payment, the total you pay, and whether any balance would be forgiven.
Your loan details
$
%
Use the rate on your own loans. If you have several, use the average.
Income-based plans and forgiveness only exist for federal loans.
$
Your adjusted gross income (AGI) from your tax return. Income-based plans set your payment from this.
You plus the people you support. A bigger family lowers income-based payments.
Public Service Loan Forgiveness clears what is left after 10 years of payments while working for a government or nonprofit employer.
$
Anything you pay on top of the required amount each month.