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Which of the 9 federal repayment plans costs you least over 30 years?
Ranked by 30-year total, not by monthly payment. Switching to RAP forfeits every payment already credited under IBR, PAYE or ICR.
Worked example · 30-year total3 of 9
$170,936 between the cheapest plan and the dearest$142,200 across two loans, $80,000 of income. The smallest monthly payment is the third-dearest of the nine.