Interest on the SAVE plan resumed August 2025. While payments under SAVE may still be paused, your balance will grow—and with the “Big Beautiful Bill” now passed, SAVE is being eliminated. You’ll likely need to switch plans soon. Collections have also resumed on defaulted loans. Register for a webinar to learn more.

Home » Resources for Borrowers » Income-Driven Repayment (IDR) Comparison Calculator

Income-Driven Repayment (IDR) Comparison Calculator

Compare Federal Student Loan Repayment Plans with EDCAP’s Free IDR Calculator

Quickly estimate your monthly payments and potential loan forgiveness under federal IDR plans. Enter your loan and income details below to see which student loan repayment option best fits your financial situation.

Compare Income-Driven Repayment Calculators
If married, include spouse’s income ONLY if filing taxes jointly. In addition to yourself, include dependent children (including unborn children), your spouse ONLY if filing taxes jointly, and other indivduals who live with you for whom you provide more than half support. These are dependents you claim on your taxes and only used for RAP calculation.
Disclaimers:
  • Above are estimates only!
  • IBR, PAYE and ICR are only available to borrowers whose only loans are disbursed prior to July 1, 2026.
  • PAYE has an income test and loan disbursement requirements. You may not be eligible:
    • If the PAYE calculation based on your income exceeds the Standard 10-Year Fixed Repayment amount and you are not already enrolled, you are not eligible.
    • If you had a loan disbursed prior to October 1, 2007, and/or you have no loans disbursed on or after October 1, 2011, you are not eligible.
  • ICR calculations are complex. Payments are difficult to estimate and may vary from actual results.
  • PAYE and ICR will be phased out on July 1, 2028. Student borrowers enrolled in those plans at that time can transfer to IBR or RAP.
  • The RAP plan should be available to all student borrowers by July 1, 2026.
  • Parent Plus borrowers must consolidate before July 1, 2026, to have access to IBR and ICR plans. They are not eligible for the RAP plan. Parent Plus borrowers who take any loans on or after July 1, 2026, must pay all their loans back in a Standard Plan.
  • FFEL borrowers will continue to have access to the IBR Plan (calculated at 15% of discretionary income). For access to RAP, they must consolidate. Caution: Consolidation could erase qualifying payment credit accumulated for forgiveness. See advice before consolidating your loans.

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