SAVE is over. RAP, IBR or Standard — which costs you least?
Servicers are telling SAVE borrowers to pick a new plan within 90 days. Drop in your loan list and income and Raptally shows each plan's monthly payment, total paid, forgiveness and the tax on it, under the 2026 rules — in your browser; nothing is uploaded.
How it works
- Get your loan list from studentaid.gov (My Aid → Loans) or your servicer and drop it here, or copy it into the template, or try the sample.
- Enter your AGI, filing status and dependents (and PSLF if you work in public service).
- Compare the plans: monthly payment, total paid, forgiveness and tax — then choose on studentaid.gov before your notice's deadline.
Why Raptally
For federal student loan borrowers who have to choose a plan now — the millions leaving SAVE after it ended in court, anyone weighing the new Repayment Assistance Plan against IBR, PSLF workers and couples with two sets of loans. Servicer notices give 90 days; Raptally shows what each choice costs before you pick.
Your loan list
Paste or drop your loans from studentaid.gov or your servicer — type, first disbursement date, balance, rate — or use the template.
The new RAP
1–10% of AGI, $50 off per dependent, $10 minimum, unpaid interest waived and up to $50 a month of principal matched (20 U.S.C. 1087e(q)).
RAP vs IBR vs Standard
First payment, total paid, years, forgiveness and the tax on it, side by side, and the lowest total cost in the comparison.
PSLF mode
Count the payments you've made; see the lowest payment until tax-free forgiveness at 120.
Income what-if
RAP and IBR payments if your income drops or rises 10–50%, with the plan that's lower at each step.
Eligibility flags
Parent PLUS, FFEL, private loans and new loans after July 1, 2026 — what each one can and can't use.
Simple pricing
Free for the full plan comparison. Pro for the whole schedule, the full income what-if and the exports.
Free
- Any number of loans
- RAP vs IBR vs Standard: first payment, total paid, forgiveness and the lowest total cost
- 3 income what-ifs, 5 years of the RAP schedule, 12 loans shown, print with a footer
- No signup, nothing uploaded
7-day pass
- 7 days of Pro, no subscription
- Full income what-if sweep
- The whole RAP schedule and every loan, print without footer
- Excel workbook and schedule, what-if and loans CSVs
Pro Monthly
- Everything in Pro
- Re-check when your income or family changes
- All exports
- Cancel anytime
Pro Yearly Best value
- Everything in Pro
- Covers your yearly income recertification
- Costs less than 6 months of monthly
Prices in USD. Secure checkout by Polar, our merchant of record (its checkout shows our seller name, Launchtools). Sales tax is added at checkout in the US, Canada and India; elsewhere VAT/GST is included. Already bought? Enter your license key.
FAQ
Is my data uploaded?
No. Your files are read by JavaScript in your browser tab and never sent to us or anyone else. Loans aren't stored, so closing the tab clears them. Settings can be saved in this browser if you ask.
What does Raptally do?
It reads your federal loan list, applies the July 2026 repayment rules — the Repayment Assistance Plan (RAP), Income-Based Repayment (IBR), the 10-year Standard plan and the new Tiered Standard plan — and simulates each one month by month with your income, so you see the payment, total paid, forgiveness and the tax on forgiveness, and which plan costs least.
How is the RAP payment worked out?
1% of AGI from $10,000 to $20,000, rising 1 point per $10,000 to 10% above $100,000 ($120 a year at $10,000 or less), divided by 12, minus $50 per dependent, never below $10. If a payment doesn't cover the month's interest, the rest is waived; if it pays down less than $50 of principal, the government adds the difference up to $50. Forgiveness after 360 qualifying payments (20 U.S.C. 1087e(q)).
And IBR?
15% of AGI above 150% of the poverty line for your family size (10% if your first loan was on or after July 1, 2014), capped at the 10-year Standard payment, with forgiveness after 25 years (20 for new borrowers). IBR is closed to anyone who takes a new loan on or after July 1, 2026 (20 U.S.C. 1098e).
I'm on SAVE. What happens if I do nothing?
SAVE ended after the court ruling. Servicers are sending notices with 90 days to pick a plan and a 30-day final reminder; if you don't choose, you are placed in a plan for you — check your notice. Raptally helps you choose; the choice itself is made on studentaid.gov.
Is forgiveness taxed?
IDR forgiveness after 20–30 years counts as federal income again from 2026 (the ARPA exclusion ended after 2025); Raptally adds an estimate at your tax rate. PSLF forgiveness is tax-free.
What's free?
Importing any number of loans, the full plan comparison with the lowest total cost, every flag, 3 income what-ifs, 5 years of the RAP schedule and 12 loans on screen and in print (with a footer). Pro shows and prints everything and adds the Excel and CSV exports.
What isn't covered?
ICR and PAYE (closing by July 1, 2028), Graduated and Extended plans, the IBR time already credited on your account, recertification gaps, state taxes, private loan refinancing and Parent PLUS double-consolidation. It uses your current balance and one weighted rate. Check with the Loan Simulator on studentaid.gov.
Is this financial advice?
No. Raptally applies the rules it describes to the numbers you provide. It is an estimate to plan with, not affiliated with the Department of Education or any servicer.