Discretionary Income Calculator

Selecting a financial gain-driven repayment plan for your student loans would use your discretionary income to calculate your monthly payments. Use the discretionary income calculator below to see what your discretionary financial gain is. 

If you are struggling to afford federal student loan payments, an income-driven repayment plan may lower them. Your new monthly fee will be capped at 15%, 20% or 25% of your discretionary income, depending on which of the four financial gain-driven plans you select.

Use this calculator to estimate what your payment will be on various income-driven repayment plans. If your income is low enough, your debt may be reduced to $0 a month.

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