Calculate federal student loan payoff timeline, IDR payments, and PSLF eligibility. Free student loan calculator 2026. No signup.
Federal student loans have dramatically different repayment options versus private loans — income-driven repayment, PSLF forgiveness, and deferment options that private loans do not offer. This calculator covers all federal repayment plans including the SAVE plan 2026, standard 10-year, and PSLF tracks — so you choose the strategy that minimizes your total payment.
Standard: 10-year fixed payment, lowest total interest. Extended: 25 years, lower monthly payment. SAVE Plan: 5-10% of discretionary income, forgiveness after 20-25 years. PAYE/IBR: 10% discretionary income, forgiveness after 20-25 years. PSLF: 10 years of payments while at non-profit or government, remaining balance forgiven tax-free.
IDR wins if: working toward PSLF, high debt relative to income, or expecting income growth. Aggressive payoff wins if: debt-to-income ratio is under 1:1, not in public service, and you can afford higher payments without sacrificing retirement contributions. Calculator shows total cost for both approaches.
SAVE (Saving on Valuable Education) is the newest income-driven repayment plan. It caps undergraduate loan payments at 5% of discretionary income versus 10% for PAYE/IBR, forgives remaining balance after 20 years, and prevents interest capitalization from growing your balance.
PSLF forgives remaining federal loan balance after 120 qualifying payments working full-time for government or qualifying non-profit. On $100,000 in loans, PSLF can save $40,000-$80,000 in forgiven principal plus decades of interest — tax-free forgiveness.
Almost never. Refinancing federal loans to private permanently eliminates IDR plans, PSLF eligibility, income-driven payment caps, deferment and forbearance options, and government forgiveness programs. The interest rate savings rarely justify losing these protections.
Yes — every FreeFixo tool, including the Federal Student Loan Payoff Calculator 2026 — All Repayment Plans, is 100% free with no paywall, no premium tier, and no usage limits. You do not need to create an account, enter a credit card, or share an email.
The Federal Student Loan Payoff Calculator 2026 — All Repayment Plans uses the same formulas, rates, and reference data that financial planners, professionals, and government sources publish. Results are estimates intended for planning and education — for situations involving large sums or legal consequences, confirm with a qualified professional before acting.
No signup is ever required. The Federal Student Loan Payoff Calculator 2026 — All Repayment Plans runs entirely in your browser — your inputs are never sent to a server, and we do not store, track, or share your data. Open it, get your answer, close the tab.