Student Loan IDR Plan Comparison

Compare all Income-Driven Repayment plans side by side: IBR, PAYE, RAP, and ICR. See monthly payments, total cost, and forgiveness timelines.

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Note: The SAVE plan was struck down by federal court on March 10, 2026. Borrowers enrolled in SAVE must transition to IBR, PAYE, or ICR by October 2026. Visit StudentAid.gov for guidance. This calculator covers IBR, PAYE, and ICR plans.

Lowest Monthly Payment

IBR: $175.50

Lowest Total Cost

Standard: $67,823.90

Largest Forgiveness

IBR: $11,138.84

IDR Plan Comparison

IBR / PAYE / ICR / Standard
Monthly Payment (Year 1)$175.50 / $175.50 / $351.00 / $565.20
Monthly Payment (Year 10)$382.25 / $382.25 / $764.50 / $565.20
Total Amount Paid$95,105.49 / $95,105.49 / $73,019.05 / $67,823.90
Total Interest Paid$56,244.33 / $56,244.33 / $23,019.05 / $17,823.90
Forgiveness Amount$11,138.84 / $11,138.84 / $0.00 / $0.00
Repayment Period20 yrs / 20 yrs / 11 yrs / 10 yrs
"Tax Bomb" at Forgiveness$2,450.55 / $2,450.55 / $0.00 / $0.00

Year-by-Year: IBR Plan

YearIncome / Monthly / Annual Paid / Balance
Year 1$45,000.00 / $175.50 / $2,106.00 / $51,126.67
Year 2$47,250.00 / $194.25 / $2,331.00 / $52,095.88
Year 3$49,612.50 / $213.94 / $2,567.25 / $52,885.66
Year 4$52,093.13 / $234.61 / $2,815.31 / $53,472.04
Year 5$54,697.78 / $256.31 / $3,075.78 / $53,828.81
Year 10$69,809.77 / $382.25 / $4,586.98 / $51,076.03
Year 15$89,096.92 / $542.97 / $6,515.69 / $37,051.19
Year 20$113,712.76 / $565.20 / $6,782.39 / $11,138.84

Use the Student Loan IDR Plan Comparison above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.