RAP & PSLF Planner
Your payment every year from now until forgiveness or payoff, compared with every plan you can actually choose.
These are example numbers. Answer a few questions and every calculator fills in with yours, saved in this browser.
Your loans
Yes means IBR is still open to you until July 1, 2028. Newer loans can only use RAP or Tiered Standard.
Career & income
Form 1040, line 11. RAP recalculates every year from your most recent return.
Lowers AGI, and with it your payment
Household
Married? We’ll show joint and separate side by side, including the extra tax from filing separately.
Each one lowers the RAP payment by $50 a month
PSLF
Lowest total cost for your loans
PSLF in Sept 2035 · 108 payments leftEnroll in IBR, stay on PSLF
- You pay over 9 years
- $190,675
- Forgiven, tax-free
- $213,502
- Less than RAP + PSLF
- $16,277
Monthly payment, year by year
Recalculated each year from last year’s AGI, as your servicer does at recertification
| Year | RAP | IBR |
|---|---|---|
| Y1 | $340 | $371 |
| Y2 | $414 | $396 |
| Y3 | $1,546 | $1,350 |
| Y4 | $2,296 | $2,100 |
| Y5 | $2,371 | $2,175 |
| Y6 | $2,448 | $2,252 |
| Y7 | $2,528 | $2,332 |
| Y8 | $2,610 | $2,414 |
| Y9 | $2,694 | $2,498 |
Every plan open to you
Totals in today’s dollars, no discounting
| Plan | Now | You pay in total | Forgiven | Counts for PSLF |
|---|---|---|---|---|
| IBR + PSLF 10% of income above 150% of poverty line | $371/mo | $190,675 | $213,502 tax-free | Yes · lowest cost |
| RAP + PSLF 1–10% of AGI, −$50 per dependent | $340/mo | $206,952 | $155,761 tax-free | Yes |
| RAP, no PSLF Forgiveness after 360 payments | $340/mo | $394,426 | $0 paid off in 14 yr 3 mo | n/a |
| 10-year Standard Fixed payment | $2,903/mo | $348,325 | $0 | Yes, but nothing left |
| Private refinance 5.50%, 10 years (example rate) | $2,713/mo | $325,579 | $0 | No · leaves federal system |
| Tiered Standard 10–25 yr term set by balance (25 years for this balance) | Only for loans disbursed on or after July 1, 2026 | Never | ||
- IBR + PSLF Yes · lowest cost
- Now
- $371/mo
- You pay in total
- $190,675
- Forgiven
- $213,502
- RAP + PSLF Yes
- Now
- $340/mo
- You pay in total
- $206,952
- Forgiven
- $155,761
- RAP, no PSLF
- Now
- $340/mo
- You pay in total
- $394,426
- Forgiven
- $0
- 10-year Standard
- Now
- $2,903/mo
- You pay in total
- $348,325
- Forgiven
- $0
- Private refinance No · leaves federal system
- Now
- $2,713/mo
- You pay in total
- $325,579
- Forgiven
- $0
- Tiered Standard
Only for loans disbursed on or after July 1, 2026
How RAP’s subsidy works
This month’s interest is $1,458. Your $340 payment covers part of it, and the government waives the rest so your balance never grows.
+ $50 from the government toward principal
When your payment cuts principal by less than $50, the Department of Education reduces principal by the difference. It’s added on top of your payment, not taken out of it.
You’re near an AGI cliff
RAP applies the tier rate to all of your AGI, so crossing a $10,000 line raises the whole payment.
Put $8,001 more into a pre-tax 403(b)
AGI drops to $59,999 and RAP falls to $250/mo: −$1,080 a year in payments plus about $1,110 less federal tax.
Educational estimates only. Assumes PSLF-qualifying employment throughout, annual recertification, and the 2025 HHS poverty guideline for IBR. RAP forgiveness after 360 payments may be taxable; PSLF forgiveness is not. Confirm with your servicer.