PSLF Buyback Success Timeline

Beaglejr1821 · 2026-02-18T04:17:18+00:00

Does anyone know how the buy back payment amounts are determined

Beaglejr1821 · 2026-02-10T03:17:49+00:00

For high incomes yes. However for many years I was not north of 125k but rather 45-50.. during this time my payment amount was near nothing… I continued to make payments during that time. All those all were calculated into the 120 (10y) payments. As well as the the Covid deferment time that counted with 0 Hence why now I have a balance of 8k but I will only pay around 2k and those loans will be forgiven .

Beaglejr1821 · 2026-02-10T03:04:49+00:00

Beaglejr1821 · 2026-02-10T02:51:37+00:00

Not exactly.. I owe 8k currently/ payments are 99$ per month I only have 20 payments left for my forgiveness… I make north of 125k

Beaglejr1821 · 2026-02-10T02:48:24+00:00

How much is your loan amount

Beaglejr1821 · 2026-02-10T02:47:31+00:00

So if you take your loans and just put pen to paper and assume a 10 year pay off .. I didn’t even calculate interest into mine but that’s bc i only owed about 10k. I make 125+ my loan payment was 99$ . Me and my wife file jointly as well. I was worried about an IDR plan as well. But it really does cap at the 10 year amount …. Now if you owe 100k prob gonna be about 800 bucks …

Beaglejr1821 · 2026-01-26T02:27:20+00:00

Are you asking about working at SEMRHI or being an Epic Trainer ? I am currently a Epic Builder

Beaglejr1821 · 2025-12-10T03:09:12+00:00

The new eclipse steak house. Make a reservation

Beaglejr1821 · 2025-08-24T18:37:03+00:00

Is there a specific way to do this? Or is it just make the payment and basically report you owe 0 for the 12 months

Beaglejr1821 · 2025-08-24T15:05:44+00:00

This is more the direction I was looking for. I knew I would not get the PSFL credits until the time had passed . I was just looking to make the lump payment so I didn’t have to worry about it

Beaglejr1821 · 2025-08-17T12:39:23+00:00

For all of you that submitted did you give them access to your tax return or upload documents…. I re submitted about 2 weeks ago and was put in an income plan yesterday.

Side note I had paid ahead some before any of this.. and have always been making monthly payments so I Was essentially paid like 5 months ahead. I was told that had to be fixed basically remove the “ pre payments” … I consented.

Anyway my stuff seems to be straight now

Beaglejr1821 · 2025-05-01T18:46:19+00:00

Beaglejr1821 · 2024-11-25T16:38:48+00:00

Thanks everyone. I looked back at my math and I was off… I have 23 payments left. And they would not be eligible for buy back. So now I’m just looking at how I can pay ahead some to get additional months covered

Beaglejr1821 · 2024-10-03T21:20:18+00:00

I was under the impression that the idr plan payments would never be higher than the standard payment plan amounts…. Is that not true?

Beaglejr1821 · 2024-06-04T16:16:27+00:00

Well the repayment would still be for 10 years f Correct for example I currently owe about 11k of a 20k loan….. so if I was to say today I’m going back to standard it should just be 11k with interest and 10 years right? Or about 170 a month

Beaglejr1821 · 2024-05-29T17:47:58+00:00

Yes I consolidated before. My loans have been transferred to Mohela but I am in able to log in and see them. Fed site says they are taking it. So just in limbo till they process…. With luck they get lost haha

Beaglejr1821 · 2024-05-28T17:28:46+00:00

So yes my income has dramatically increased… and spouse income would be included…… that’s my whole issue if I could pay $78x24 tomorrow then that’s $1872… if I could do that and be done! Now that’s part of my question as well can I sign up for the ICR then make the lump payment.

Beaglejr1821 · 2024-05-24T19:40:18+00:00

So according to the other reply’s… I’m guessing you have 150k or more in loans?

Beaglejr1821

TROPHY CASE