Student Loan Strategy Optimizer
Compare federal repayment plans, PSLF eligibility, and private refinancing options to find your optimal strategy.
Your Student Loans
Loan 1
Your Total Student Debt
Your Income & Employment
Your Repayment Strategy Options
📊 Standard Plan
Fixed payments over 10 years. Lowest total interest.
📈 Graduated Plan
Payments start low, increase every 2 years.
⏱️ Extended Plan
Lower payments over 25 years. Higher total cost.
💰 IBR (Income-Based)
15% of discretionary income, forgiveness after 20-25 years.
🎯 PAYE
10% of discretionary income, forgiveness after 20 years.
♻️ REPAYE
10% of discretionary income, subsidized interest benefit.
Private Refinancing Option
⚠️ Warning: Refinancing federal loans to private loses federal protections (IDR, PSLF, deferment, forbearance).
Payment Schedule Comparison
Compare monthly payments over time for different repayment strategies
Recommended: Consider Refinancing
Private refinancing could save you $1,759.63. However, you'll lose federal protections like IDR, forbearance, and PSLF eligibility. Only refinance if you're confident in your income stability.
Disclaimer: This calculator is provided as-is for educational purposes. Results are estimates based on the information you provide. Actual repayment plans, forgiveness amounts, and eligibility may vary. Consult with a financial advisor or loan servicer before making decisions. IDR forgiveness after 20-25 years may be taxable. PSLF forgiveness is tax-free but requires qualifying employment and payments.
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