NEW

Repayment Assistance Plan (RAP)

The RAP replaces SAVE, PAYE, and ICR under the One Big Beautiful Bill Act (OBBBA). Payments are based on a percentage of your total AGI, with interest fully waived by the government.


$
$
%
1 person$23,475
2 persons$31,725
3 persons$39,975
4 persons$48,225
5 persons$56,475
6 persons$64,725
Changes sync across all calculators
$166.67

Annual: $2,000

$162.50

Government waives: $0.00/mo

30 years (360 mo)

Forgiveness at 30 years

$60,000

Forgiven: $12,000 (taxable)

Principal Matching Applies: Your principal reduction is less than $50/month. The government will match the difference to ensure at least $50/month is applied to your principal.

Forgiveness Tax Notice: Under RAP, any forgiven balance after 30 years is treated as taxable income in the year of discharge. Consult a tax advisor.

Gross Annual Income (AGI)$50,000
Income Tier Rate4.0%
Annual Payment (AGI × Rate)$2,000
Dependent Deduction− $0/yr
Monthly Payment (before floor)$166.67
Minimum Floor$10.00/month
Final Monthly Payment$166.67
≤ $10,000Fixed$10/mo (fixed)
$10,001 – $20,0001%~$13/mo
$20,001 – $30,0002%~$42/mo
$30,001 – $40,0003%~$88/mo
$40,001 – $50,000Your tier4%~$150/mo
$50,001 – $60,0005%~$229/mo
$60,001 – $70,0006%~$325/mo
$70,001 – $80,0007%~$438/mo
$80,001 – $90,0008%~$567/mo
$90,001 – $100,0009%~$713/mo
More than $100,00010%Varies

* Approximate monthly payment based on the midpoint of each income range. Actual payment = (AGI × Rate) ÷ 12, minus $50 per dependent child (minimum $10/month).