Calculator

Financial Background For Yourself

Size Of Family Household

What year did you start paying your loans on an income driven plan?

What is your expected annual investment rate per year in ALL accounts? (%)

In 20-25 years, what is your expected marginal income tax for Federal | State? (%)

How much federal student loan do you have?

What is your current income for the year?

What's the average interest rate of all of your federal student loan debt?

Do you have any federal student loans before October 1, 2007?

Yes

Are you planning to work for a non-profit or government employer (VA or IHS) full-time for a period of at least 10 years?

Yes

Refinancing Information

Want to use a typical 4.00% for a 10-year term, or manually input your financing deal?

Automatic

Manually

Estimated student loan refinancing interest rate (%)

Estimated student loan refinancing term (yrs)

Your Salary | Income Expected Growth

Do you want to automatically assume 3% annual raise growth or manually input it?

Automatic

Manually

Your 2023 Taxable Income (AGI)

Your 2024 Taxable Income (AGI)

Your 2025 Taxable Income (AGI)

Your 2026 Taxable Income (AGI)

Your 2027 Taxable Income (AGI)

Your 2028 Taxable Income (AGI)

Your 2029 Taxable Income (AGI)

Your 2030 Taxable Income (AGI)

Your 2031 Taxable Income (AGI)

Your Spouse’s Financial Background

Are you legally married?

Yes

Are you filing taxes separately?

Yes

How much federal student debt does your spouse have?

What is your spouse’s current income for the year?

Spouse’s Salary| Income Expected Growth

For your spouse, do you want to automatically assume 3% annual raise growth or manually input it?

Automatic

Manually

Your Spouse's 2023 Taxable Income (AGI)

Your Spouse's 2024 Taxable Income (AGI)

Your Spouse's 2025 Taxable Income (AGI)

Your Spouse's 2026 Taxable Income (AGI)

Your Spouse's 2027 Taxable Income (AGI)

Your Spouse's 2028 Taxable Income (AGI)

Your Spouse's 2029 Taxable Income (AGI)

Your Spouse's 2030 Taxable Income (AGI)

Your Spouse's 2031 Taxable Income (AGI)

Repayment Plan	Forgiven Balance	Taxes on Forgiven Debt	Amount to Save Each Month for Your Tax Bomb	Year Loans are Forgiven or Paid Off
New REPAYE / SAVE
20 Year PAYE / New IBR
Old REPAYE
25 Year Old IBR
Refinancing	N/A	N/A	N/A	N/A
Standard 10 Year	N/A	N/A	N/A	N/A
PSLF	N/A	N/A	N/A	N/A

Repayment Plan	Forgiven Balance	Taxes on Forgiven Debt	Amount to Save Each Month for Your Tax Bomb	Year Loans are Forgiven or Paid Off
New REPAYE / SAVE
20 Year PAYE / New IBR
Old REPAYE
25 Year Old IBR
Refinancing	N/A	N/A	N/A	N/A
Standard 10 Year	N/A	N/A	N/A	N/A
PSLF	N/A	N/A	N/A	N/A

Year	New REPAYE / SAVE	Old REPAYE	PAYE / New IBR 20 Year	Old IBR 25 Year	Standard 10 Year	Refi	10 Year PSLF (using an IDR Plan)

Year	New REPAYE / SAVE	Old REPAYE	PAYE / New IBR 20 Year	Old IBR 25 Year	Standard 10 Year	Refi	10 Year PSLF (using an IDR Plan)

Year	New REPAYE / SAVE	Old REPAYE	PAYE / New IBR 20 Year	Old IBR 25 Year	Standard 10 Year	Refi	10 Year PSLF (using an IDR Plan)

Optometry Student Loan Repayment Calculator | Forgiveness Program

Financial Background For Yourself

Refinancing Information

Your Salary | Income Expected Growth

Your Spouse’s Financial Background

Spouse’s Salary| Income Expected Growth

Your Student Loan Repayment Summary

Your Spouse's Student Loan Repayment Summary

Your Monthly Payment

Spouse's Monthly Payment

Your Student Debt Balance Over Time by Year

Your Spouse's Student Debt Balance Over Time by Year

Your Yearly Student Loan Interest

Your Spouse's Yearly Student Loan Interest

Present Value of Your Annual Student Loan Payments + Taxes on Forgiveness

Present Value of Spouse's Annual Student Loan Payments + Taxes on Forgiveness

Effective Interest Rate of Your Student Loans

Effective Interest Rate of Your Spouse's Student Loans

Financial Background For Yourself

Refinancing Information

Your Salary | Income Expected Growth

Your Spouse’s Financial Background

Spouse’s Salary| Income Expected Growth

Your Student Loan Repayment Summary Hide

Your Spouse's Student Loan Repayment Summary Hide

Your Monthly Payment Show

Spouse's Monthly Payment Show

Your Student Debt Balance Over Time by Year Show

Your Spouse's Student Debt Balance Over Time by Year Show

Your Yearly Student Loan Interest Show

Your Spouse's Yearly Student Loan Interest Show

Present Value of Your Annual Student Loan Payments + Taxes on Forgiveness Show

Present Value of Spouse's Annual Student Loan Payments + Taxes on Forgiveness Show

Effective Interest Rate of Your Student Loans Show

Effective Interest Rate of Your Spouse's Student Loans Show

Your Student Loan Repayment Summary

Your Spouse's Student Loan Repayment Summary

Your Monthly Payment

Spouse's Monthly Payment

Your Student Debt Balance Over Time by Year

Your Spouse's Student Debt Balance Over Time by Year

Your Yearly Student Loan Interest

Your Spouse's Yearly Student Loan Interest

Present Value of Your Annual Student Loan Payments + Taxes on Forgiveness

Present Value of Spouse's Annual Student Loan Payments + Taxes on Forgiveness

Effective Interest Rate of Your Student Loans

Effective Interest Rate of Your Spouse's Student Loans