⚡ July 1, 2026 deadline approaching: New RAP rules replace SAVE and PAYE. Calculate how your monthly payment changes under the 10% discretionary income cap. Plan 2 borrowers in the UK: Your threshold just moved to £29,385.
📆 Monthly Student Loan Payment Calculator 2026
What you actually owe next month — not 20 years from now. Updated for US RAP/IBR and UK Plan 2/Plan 5 rules that take effect this year.
🔍 RAP vs IBR calculator🔍 Plan 2 vs Plan 5 repayment🔍 10% AGI cap🔍 £29,385 threshold 2026🔍 Student loan consolidation 2026 deadline🔍 Is my loan forgiveness taxable in 2026?🔍 Parent PLUS loan cap calculator
💡 2026 RAP rule: Payments = 10% of discretionary income (AGI – 150% of poverty line). Forgiveness after 30 years (grad loans) or 20 years (undergrad). Worried about the SAVE phase out? RAP is replacing it starting July 2026.
🇬🇧 UK 2026 threshold update: Plan 2/5 repay at 9% of income above £29,385 (frozen until 2027). Postgraduate loans: 6% above £21,000. Will you ever pay off a Plan 5 loan? The 40-year term means many borrowers won't — the balance gets written off.
