🇺🇸 Student Loan Payoff Calculator 2026
Navigate the new RAP repayment plan, compare IBR, and see your true payoff timeline under 2026 US federal rules.
📋 Your Loan Details
📊 Your Payoff Analysis
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Total amount paid over life of loan
$0
Total interest paid
0 years
Time until payoff or forgiveness
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Amount forgiven (if any)
📊 Plan Comparison (RAP vs IBR vs Standard)
| Plan | Total Paid | Payoff Time | Forgiven? |
|---|---|---|---|
| RAP (2026) | - | - | - |
| IBR | - | - | - |
| Standard 10-yr | - | - | - |
📜 2026 Policy Updates You Need To Know
🇺🇸 US: The "One Big Beautiful Bill Act" (2026) replaces SAVE and PAYE with the Repayment Assistance Plan (RAP). Forgiveness now takes 30 years for graduate loans. Income-driven payments are capped at 10% of discretionary income. Parent PLUS loans now have a $20,000 annual cap per child.
🇬🇧 UK: Plan 2 repayment threshold is now £29,385 (frozen until 2027). Plan 5 (for 2023+ starters) has 40-year repayment term vs Plan 2's 30 years. Postgraduate loans carry 6.2% interest (RPI + 3%).