RAP Calculator
Estimate your monthly payments and government subsidies under the new Repayment Assistance Plan (RAP).
Loan Details
Income
Use your most recent tax return's AGI. For married couples, use combined AGI.
RAP Estimates
Monthly Payment
$150
Includes $0 dependent discount
Govt. Interest Waiver
$31,014
Total interest covered by government
Principal Subsidy
Up to $50/mo of your payment hits principal first
Active
Forgiveness Timeline
Remaining balance forgiven after 30 years
30 Years
Plan Comparison
| Feature | RAP | Tiered Standard |
|---|---|---|
| Monthly Payment | $150 | $344 |
| Total Out-of-Pocket | $54,000 | $82,546 |
| Repayment Term | 30 Years (Max) | 20 Years |
| Forgiven Balance | $32,698 | $0 |
How RAP Subsidies Work
Unlike previous plans, RAP prevents your balance from growing. If your calculated payment is less than the monthly interest, the government waives the remaining interest. Additionally, up to $50 of your monthly payment is applied directly to your loan principal, ensuring your balance decreases every month you make a payment.