Saving for College Income-Driven Repayment Calculator

Saving for College's calculator focuses specifically on the four main federal income-driven plans, showing you your starting payment and total repayment term under each. You input your income, discretionary income (if known), family size, and loan balance, and it calculates how each plan handles your specific situation.

This is the tool to use if you're a federal loan borrower comparing all four income-driven options (PAYE, REPAYE, IBR, and ICR) side by side. You'll see not just the monthly payment, but the expected term length, so you understand the trade-off between lower payments now and a longer repayment horizon. Borrowers with modest income, those facing financial hardship, or anyone considering Public Service Loan Forgiveness will find this comparison essential.