IBR Calculator

Calculate your student loan payments under Income-Based Repayment (IBR) and other income-driven repayment plans.

IBR Calculator
Calculate your income-based repayment plan payments

Use our student loan calculator to estimate IBR payments

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Income-Driven Plans
  • IBR: 10-15% of discretionary income
  • PAYE: 10% of discretionary income
  • REPAYE: 10% of discretionary income
  • ICR: 20% of discretionary income
Example: $50,000 AGI, Family of 2

Discretionary Income

$50,000 - $25,760 = $24,240

IBR Payment (15%)

$303/month

PAYE/REPAYE (10%)

$202/month

Based on 2024 poverty guidelines
IBR Plan Comparison

IBR (Income-Based Repayment)

Caps payments at 10-15% of discretionary income. Available to borrowers with partial financial hardship. Forgiveness after 20-25 years.

PAYE (Pay As You Earn)

Caps payments at 10% of discretionary income. Has income limits and must demonstrate financial hardship. Forgiveness after 20 years.

REPAYE (Revised Pay As You Earn)

Caps payments at 10% of discretionary income. No income limits. Always includes spousal income. Forgiveness after 20-25 years.

Calculate Your IBR Payment

Use our calculator to estimate your income-based repayment plan payments.

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