Plan your student loan repayment with different payment plans and forgiveness options. Compare federal and private loans.
Payment Plan
Student Loan Payment Plans
Standard Repayment
Fixed monthly payments over 10 years. Lowest total interest paid.
Income-Based Repayment
Monthly payment based on income and family size. Forgiveness after 20-25 years.
Graduated Repayment
Payments start low and increase every 2 years. Good for early career.
Extended Repayment
Lower monthly payments over 25 years. Higher total interest cost.
