New Revised Pay As You Earn, also known as Saving on a Valuable Education (SAVE).The Old Revised Pay As You Earn Repayment Plan (REPAYE). In addition to Income-Based Repayment (IBR), the other IDR plans include: If you want to check out the far more detailed version of the calculator above, check out the full version of our IDR student loan forgiveness calculator. While the terms “Income-Based Repayment” and “Income-Driven Repayment” are often used interchangeably, Income-Based Repayment is technically one of several Income-Driven Repayment (IDR) plans offered by the Department of Education. Refinanced 10 year 4% Monthly payment if the loan is refinanced at 4.00% APR for a 10-year term.ĭownload the Complete Version of Our New IDR Calculator Student Loan Forgiveness Calculator (w/ New SAVE Plan).
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