Calculate Monthly Payments Under SAVE Plan: for Graduate and Undergraduate Loans

How is your monthly payment calculated under SAVE for graduate and undergraduate loans

Under SAVE, borrowers with undergraduate loans will pay 5% of their discretionary income, and borrowers of graduate loans will pay 10%. If you have a mix of both undergraduate and graduate loans, you’ll pay a weighted average of the 5-10%. If you take advantage of our complimentary 30-minute consultation, our team can help calculate the specifics for you.

Challenges to SAVE: Multiple legal challenges made by states to the Saving on A Valuable Education (SAVE) plan could impact implementation of key aspects of the plan. For the most up-to-date developments, visit studentaid.gov.