Calculate payments under the new loan-amount-dependent standard plan (effective July 1, 2026)
You can use this calculator to estimate what the new standard repayment plan payments will be. This new plan will replace the graduated, graduated extended, and standard extended plans resulting in just one standard repayment plan based on loan amount starting in July 2026.
The new standard repayment plan uses loan-amount-dependent terms:
| Loan Balance Range | Repayment Term | Description |
|---|---|---|
| Under $25,000 | 10 years | Traditional standard term |
| $25,000 - $49,999 | 15 years | Extended standard term |
| $50,000 - $99,999 | 20 years | Extended standard term |
| $100,000 or more | 25 years | Maximum extended term |
This table shows the extraordinary cliff effect: how borrowing just $1 more causes disproportionate payment decreases due to crossing into higher payment tiers. All calculations use 6% annual interest rate.
| Loan Balance | Repayment Term | Monthly Payment | Total Amount Paid | Total Interest Paid | Payment Difference |
|---|
