ICR Calculator
Calculate your Income-Contingent Repayment monthly payment and 25-year forgiveness projection.
Loan & Income Details
ICR Key Features
- • Only IDR plan available for Parent PLUS (via consolidation)
- • Uses 100% of poverty line (not 150%)
- • 25-year forgiveness period
- • No partial financial hardship required
Your ICR Payment
$514/mo
Based on 12-year fixed calculation
Payment Calculation
20% Discretionary Income$757
12-Year Fixed Payment$514
Standard 10-Year Payment$581
Poverty Guideline (100%)$14,580
25-Year Projection
Total Payments$74,043
Amount Forgiven$0
Est. Tax on Forgiveness$0
Payment Projection
Year 1$514/mo
Year 2$514/mo
Year 3$514/mo
Year 4$514/mo
Year 5$514/mo