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RAP Calculator

RAP vs IBR calculator

Run every federal plan you can use on your own numbers: the payment now, what you'd pay in total, what would be forgiven and the tax on it.

Updated · Checked against 34 CFR 685.209

Tax filing status

Form 1040, line 11, from your latest return.

RAP takes $50 a month off for each.

Your average rate. New undergraduate loans: 6.52%.

More details
When were your loans made?

A loan made on or after July 1, 2026 limits you to RAP or the Tiered Standard plan for all your loans.

Applied to the AGI each year.

Months that count toward income-driven forgiveness, including IBR, PAYE, ICR and SAVE payments.

Full-time for a government or nonprofit employer.

Forgiveness after 2025 is taxable income (PSLF is not).

IBR is then 10% and 20 years instead of 15% and 25.

IBR uses this poverty guideline.

You, a spouse on a joint return, and dependents.

Used for IBR in later years.

Everything is calculated in your browser. Nothing you enter is sent anywhere.

PlanMonthly nowTimeTotal paidForgivenEst. taxTotal cost
Repayment Assistance Plan (RAP)$229.1713 years 6 months$55,642––$55,642
Income-Based Repayment (IBR)$258.8314 years 4 months$55,895––$55,895
10-year Standard$397.7810 years$47,733––$47,733
Tiered StandardOnly for borrowers with a Direct Loan made on or after July 1, 2026.

Lowest total cost: 10-year Standard ($47,733). Lowest payment now: Repayment Assistance Plan (RAP) at $229.17 a month.

$0$10k$20k$30k02468101214
  • Repayment Assistance Plan (RAP)
  • Income-Based Repayment (IBR)
  • 10-year Standard
Balance at the end of each year. Years since you start.
Repayment Assistance Plan (RAP): year by year
YearIncomeMonthlyPaid that yearBalance at year end
1$55,000$229.17$2,750$34,400
2$56,650$236.04$2,832$33,791
3$58,350$243.12$2,917$33,054
4$60,100$300.50$3,606$31,559
5$61,903$309.52$3,714$29,853
6$63,760$318.80$3,826$27,916
7$65,673$328.36$3,940$25,731
8$67,643$338.22$4,059$23,278
9$69,672$348.36$4,180$20,534
10$71,763$418.62$5,023$16,738
11$73,915$431.17$5,174$12,531
12$76,133$444.11$5,329$7,881
13$78,417$457.43$5,489$2,754
14$80,769$538.46$2,801$0
Income-Based Repayment (IBR): year by year
YearIncomeMonthlyPaid that yearBalance at year end
1$55,000$258.83$3,106$34,151
2$56,650$267.60$3,211$33,136
3$58,350$276.65$3,320$31,942
4$60,100$285.99$3,432$30,552
5$61,903$295.65$3,548$28,948
6$63,760$305.62$3,667$27,114
7$65,673$315.92$3,791$25,029
8$67,643$326.55$3,919$22,673
9$69,672$337.53$4,050$20,023
10$71,763$348.87$4,186$17,054
11$73,915$360.58$4,327$13,741
12$76,133$372.68$4,472$10,056
13$78,417$385.17$4,622$5,969
14$80,769$397.78$4,773$1,452
15$83,192$397.78$1,470$0
10-year Standard: year by year
YearIncomeMonthlyPaid that yearBalance at year end
1$55,000$397.78$4,773$32,433
2$56,650$397.78$4,773$29,693
3$58,350$397.78$4,773$26,769
4$60,100$397.78$4,773$23,649
5$61,903$397.78$4,773$20,320
6$63,760$397.78$4,773$16,766
7$65,673$397.78$4,773$12,974
8$67,643$397.78$4,773$8,927
9$69,672$397.78$4,773$4,608
10$71,763$397.78$4,772$0

Estimates for planning. Assumes on-time payments, a fixed 6.52% rate, a 3% yearly raise, yearly recertification, the same dependents, and no deferment or forbearance. Your servicer's calculation decides the real payment. Sources and methods

How RAP and IBR differ

Both plans set the payment from income and forgive what's left after enough qualifying payments, but almost every detail differs:

RAP IBR
Payment 1% to 10% of your whole AGI (by bracket) ÷ 12, minus $50 per dependent 10% or 15% of AGI above 150% of the poverty guideline ÷ 12
Minimum $10 a month $0 below a $5 calculated payment; $10 from $5
Cap None The 10-year standard payment when you entered IBR
Unpaid interest Waived on on-time payments Charged (capitalizes when the payment hits the cap or you leave)
Principal Matched up to $50 a month No match
Forgiveness After 360 payments (30 years) After 240 (new borrowers since July 1, 2014) or 300 payments
Family $50 off per tax dependent Poverty guideline for your whole family size
Who can use it Everyone with eligible loans Only loans made before July 1, 2026

When RAP tends to win

When IBR tends to win

Many results are close, and they are sensitive to raises and family changes. Change the inputs and watch the order.

If you're pursuing PSLF

With Public Service Loan Forgiveness, what's left after 120 qualifying payments is forgiven tax-free. So the plan with the lower payments usually wins, and both RAP and IBR count. Tick "Working toward PSLF" to see it.

Medical residents and other low-income, high-balance years

Borrowers who earn little now and much more later, such as residents, fellows or early-career lawyers, face the widest gap. At a resident's income, both RAP and IBR payments are small compared with the interest. RAP waives that interest while IBR lets it accrue, and IBR forgives a decade sooner. The right answer usually turns on PSLF: with PSLF, pick the lower payment; without it, weigh IBR's earlier forgiveness against RAP's lower balance growth. Enter the expected yearly raise to see how quickly each payment climbs.

What the comparison assumes

Payments are on time; the rate is fixed; income rises by your expected raise each year and payments are recalculated yearly; the poverty guidelines grow with the inflation input; dependents and a spouse's loan share stay as entered; there are no deferments or forbearances. IBR's extra interest help on subsidized loans in the first three years isn't modeled. Your servicer's numbers decide. The sources and methods page lists every rule.

Common questions

Is RAP or IBR better?

It depends on your income, balance and family. RAP usually has the lower payment for middle incomes and helps borrowers who will pay the loan off, because it waives unpaid interest and matches principal. IBR forgives after 20 or 25 years instead of 30 and can be $0 at low incomes, so it often costs less in total for large balances. Run both above on your numbers.

Can I choose IBR after July 1, 2026?

Only for loans made before July 1, 2026, and only if you have no Direct Loan made on or after that date. A borrower who made 60 or more qualifying payments under SAVE on or after July 1, 2024 can't enroll in IBR.

What is the difference between old IBR and new IBR?

New borrowers, meaning those with no federal loan balance before July 1, 2014, pay 10% of discretionary income and get forgiveness after 20 years. Everyone else pays 15% and waits 25 years. Both are capped at the 10-year standard payment.

Do RAP and IBR both count toward PSLF?

Yes. Both are qualifying repayment plans for Public Service Loan Forgiveness. With PSLF the plan with the lower payments usually wins, because the balance left after 120 payments is forgiven tax-free.

Can I switch from IBR to RAP later?

A borrower on an income-driven plan can change to any other plan they are eligible for. Moving into RAP later does not lose earlier IBR payments: they count toward RAP's 360 qualifying payments. Leaving IBR capitalizes its unpaid interest.