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Income-Based Repayment Calculator
Estimate your monthly payment under federal income-driven repayment (IDR) plans.
About This Calculator
The SAVE plan (Saving on a Valuable Education), introduced in 2023, is the most generous IDR plan — undergraduate loan payments capped at 5% of discretionary income with forgiveness after 10 years for borrowers under $12,000 in original debt. Approximately 8 million borrowers enrolled in the plan.