Income-Driven Repayment Calculator
Enter your information below to see an estimate. Results are not an eligibility determination or official repayment quote.
Estimates depend on the calculator’s settings and assumptions. Federal repayment rules, plan availability and borrower eligibility may change. Confirm current terms with Federal Student Aid before relying on an estimate.
Make Sense of Your Student Loan Payments
Estimated monthly payments are a useful starting point. However, the repayment plan you choose can also affect your total cost, repayment timeline and potential forgiveness.
Use the estimates above to compare options, then check eligibility and terms before making a decision.
What Is Income-Driven Repayment?
Income-driven repayment plans generally use your income and family size to determine monthly payments on eligible federal student loans. Depending on your plan and circumstances, this may lower your payment.
Because plans differ in eligibility, formulas and repayment terms, the best option depends on your individual situation.
What Can Affect Your Estimate?
How Your IDR Payment Is Calculated
Several income-driven plans use a measure called discretionary income. This is generally based on income above a plan-specific percentage of the applicable poverty guideline. However, formulas and payment caps vary by plan.
1. Start With Income
The calculation may use adjusted gross income or other accepted income documentation, depending on your situation and applicable rules.
2. Include Family Size
Household information can affect the income allowance used in the formula. Some calculations also account for location.
3. Compare Plan Rules
Eligible plans can use different formulas. Therefore, compare the estimate with the plan’s current terms before applying.
Who May Qualify for IDR?
Eligibility depends on your federal loan type, selected plan and current program rules. Private student loans are not eligible for federal income-driven repayment plans.
Review Your Loans
Identify your federal loan types and check whether your selected repayment plan accepts them. In some cases, consolidation may affect which choices are available.
Prepare Income Details
Have your current income and family-size information ready. You may also need to provide updated information or recertify under the plan’s requirements.
How the Process Works
Estimate Your Payment
Use the calculator above to see a planning estimate based on the details you enter.
Compare Available Plans
Review payment amounts, eligibility, repayment terms and possible tradeoffs.
Verify and Apply
Confirm current rules and submit any eligible application through official federal channels.
Need Help Understanding Your Options?
Compare the estimated payment with your broader student loan picture. StuLo can help you explore repayment and consolidation information so you can make a more informed choice.
Federal Student Aid offers repayment information and applications without charge. StuLo is a private service and is not affiliated with the U.S. Department of Education.