Standard (10-yr)
$488
IDR (SAVE)
$176
Monthly Savings
$312
Without Forgiveness
$58,604
Standard 10-year plan
With IDR Forgiveness
$35,896
~17 years remaining
You Save
$77,898
Including forgiven balance
Best option: IDR Forgiveness (20-Year) — estimated $55,190 forgiven
You work for a qualifying employer and have Direct Loans.
Est. Forgiven
$48,095
Timeline
~7.0 years remaining (84 payments left)
Payments Required
120
Tax on Forgiveness
Tax-Free
After 20 years of qualifying payments on SAVE (formerly REPAYE).
Est. Forgiven
$55,190
Timeline
~17 years remaining
Payments Required
240
Tax on Forgiveness
Tax-Free
Teacher Loan Forgiveness
Requires 5 consecutive years at a qualifying Title I school.
Military Student Loan Repayment Program
Requires active military service.