📋
Student Loan Forgiveness Calculator
Calculate IDR plan payments (IBR/PAYE/SAVE), forgiveness amount, and projected tax on forgiveness.
Monthly IDR Payment
$262.71
Total Paid Over 20 Years
$63,050.00
Amount Forgiven
$53,984.67
Est. Tax on Forgiveness
$11,876.63
Net Savings vs Standard
$0.00
IBR: 10% of discretionary income (≤2014 borrowers) or 10% (post-2014). Forgiveness after 20-25 years.
IBR: 10% of discretionary income (≤2014 borrowers) or 10% (post-2014). Forgiveness after 20-25 years.