Repaye Student Loan Calculator

Display currencyFormatting only. This does not change the calculation.

Loan balance

Annual interest rate (%)The weighted average rate across your loans, as shown by your servicer.

Extra payment each month Additional principal paid on top of the scheduled payment.

Annual income (AGI) Adjusted gross income. Used by the income-driven and payroll-deduction plans.

Family size

Poverty guideline schedule

Poverty guideline year

Poverty guideline override Leave at 0 to use the published table for your family size and region.

Poverty guideline multiplier (%)The multiple of the guideline protected from the payment. 150% on most income-driven plans.

Share of discretionary income (%)The percentage of discretionary income the plan charges each year.

Annual income growth (%)Income-driven payments are recertified each year; this grows the income used for that.

Forgiveness horizon (years)Years of qualifying payments after which any remaining balance is cancelled.

Monthly payment

258.83

Student Loan Repayment Calculator

Months of payments

184

Years of payments

15.33

Total paid

47,512.70

Total interest

17,512.69

Balance forgiven

0.00

Discretionary income

31,060.00

Poverty guideline used

15,960.00

Income protected from the payment

23,940.00

Standard 10-year payment for comparison

341.10

Interest in the first month

163.25

Interest saved by extra payments

0.00

Balance grows under this payment

Worked out from 34 CFR 685.208 - Repayment plans (Direct Loan Program) and 4 other sources.

An estimate, not a servicer statement or an eligibility determination. Income-driven plan parameters, forgiveness horizons and the tax treatment of cancelled debt are set by regulation and change; confirm your plan terms with your loan servicer.

How this is worked out

4 steps

Poverty guideline for a household of 1 (2026) = 15960
Protected income = 150% x 15960 = 23940
Discretionary income = 55000 - 23940 = 31060
Monthly payment = 10% x 31060 / 12 = 258.83

Yearly summarytable

year	interest	principal	endingBalance
1	1,924.04	1,181.96	28,818.06
2	1,844.51	1,261.49	27,556.58
3	1,759.62	1,346.38	26,210.2
4	1,669.02	1,436.98	24,773.23
5	1,572.33	1,533.67	23,239.56
6	1,469.13	1,636.87	21,602.7
7	1,358.98	1,747.02	19,855.68
8	1,241.43	1,864.57	17,991.11
9	1,115.96	1,990.04	16,001.07
10	982.05	2,123.95	13,877.1
11	839.13	2,266.87	11,610.22
12	686.59	2,419.41	9,190.79
13	523.78	2,582.22	6,608.56
14	350.03	2,755.97	3,852.6
15	164.58	2,941.42	911.19
16	11.51	911.19	0

Results are general information, not financial, tax, legal, medical or engineering advice.