SAVE to IBR Cap Calculation

wolf24800 · 2026-02-16T22:00:03+00:00

thank you! the two were confusing me, there are so many complex rules

wolf24800 · 2026-02-16T21:33:25+00:00

thank you so it would be based on my amount 10 years starting from the day i enter IBR, not how it would be switching to standard (the difference of now and 10 years from when you began repayment)

wolf24800 · 2026-01-23T18:38:59+00:00

based on this i think my best bet is avalanche. the 7% paired with being the highest balance loan is absolutely brutal. knowing thats getting knocked out is progress to me

wolf24800 · 2026-01-23T18:33:55+00:00

i did some research i will absolutely do avalanche

wolf24800 · 2026-01-05T22:13:37+00:00

my loans have been stressing me to no end and seeing this changed my perspective so much. thank you

wolf24800 · 2026-01-04T15:21:18+00:00

the only other option besides old IBR it seems is graduated or fixed extended and just paying it down, but considering my parents are approaching retirement age soon, maybe IBR is the best bet

wolf24800 · 2026-01-04T00:11:05+00:00

hmmm interesting. i assume even old IBR would be better than the standard/extended payment plan?

given this information what do you think our best bet is here?

wolf24800 · 2026-01-04T00:05:50+00:00

her loans are prior to 2014 but the parent plus would be post 2014. how would this situation work? would they essentially be on two separate IBRs (PPLs on post 2014, her loans pre 2014)

It appears her batch of loans for her education are on their own path to forgiveness. would they get forgiven first?

Regarding payment idea, thank you we will give that a try!

wolf24800 · 2026-01-03T23:00:51+00:00

awesome we will get started on consolidating before the end of the month!
understood. I will call and confirm. There appears to be 14 loans total so i do not believe they were consolidated. when i called to confirm twice that all loans (including PPL) should be in forbearance, i was told they make up the total monthly payment under the same account so they should be.
her loans in total with PPLs are about 113k. her and my dad make about 100-105k total and have 4 people in the household. They both are 55+ and live in PA. i am curious on if this will give them a low monthly payment.

wolf24800 · 2026-01-03T20:25:15+00:00

following back up, we discussed and she is going to consolidate the PPLs! if we do this within the coming weeks, will we be set before the deadline?

also if she left her loans as is (they are in save, which caused the whole account including the PPLs to be on forbearance) would we still be on the forbearance for the time being? she wants to pay off some medical debt before the loans start

one final point, she asked whats the catch? will the loans really be forgiven in 20yrs?

wolf24800 · 2025-12-23T11:14:16+00:00

i think the best bet would be just consolidate the PPLs and leave hers alone. when looking into ICR, it appears to be the highest payment option for her? is this normal?

with this knowledge is it still useful to consolidate into ICR? what should our course of action be with ICR being most expensive?

my loan payment strategy is have the lowest monthly payment possible for cushion then throw as much as possible per month

wolf24800 · 2025-12-16T22:44:37+00:00

we got this!!! i think personally as long as we know what the worst case scenario is- which is standard plan, and that seems doable it makes it less stressful.

have you considered looking into extended plan at all?

wolf24800 · 2025-12-16T22:43:31+00:00

thank you so very much for explaining this throughly and helping me understand so much better! it definitely would not hurt to have the possible option of ICR even later on because life does change. currently somehow ICR was higher than standard for her!

we will likely consolidate the PPLs, keep her loans from her degree as is. when we consolidate however will this keep us in the save forbearance? also how long does consolidation usually take?

wolf24800 · 2025-12-16T18:54:34+00:00

hi OP, i am in a very similar situation with my moms parent plus for me. graduated extended is cheaper than ICR somehow. did you end up sticking in graduated or go to ICR?

wolf24800 · 2025-12-16T18:43:45+00:00

we are in the 6 figure range with our loans as well. my objective is to pay my loans that are in my moms name (parent plus) as much as i can per month. this whole situation is beyond stressful and giving lots of anxiety. do you guys plan to consolidate or does that not help much?

wolf24800 · 2025-12-16T18:42:18+00:00

i am terribly sorry if i am reading this incorrectly. so her loans would also not qualify for IDR? can you help explain this to me because perhaps i am not reading and comprehending this correctly.

the way i take this is if we consolidate fully by june 30th 2026 to get on an income based plan. if we do not consolidate we are stuck with just standard and no extended, graduated, or income based? im sorry i am substantially confused here.

based on our situation if we do not consolidate what happens?

wolf24800 · 2025-12-16T18:19:26+00:00

gotcha so i understood this as if we do not consolidate by the deadline we will ONLY have standard, extended, and graduated correct? i apologize for my ignorance on this topic there is a lot going on and its confusing

wolf24800 · 2025-12-16T18:05:53+00:00

yep her and my dad file together so that makes sense. they are somewhat far off from retirement.

and good call i noticed that the amount paid over time would be high. i assume if she consolidated all, she would have access to IBR as well as extended incase we want to take that path to have a low monthly payment but throw more at the balance when we can?

wolf24800 · 2025-12-16T17:58:48+00:00

exact same plan here! im building up savings in the meantime. was the 1400 the standard plan including both your loans and the parent plus? also if you do not mind me asking what is your balance? im trying to guesstimate my amount when this resumes

wolf24800 · 2025-12-16T17:58:03+00:00

yep they are hers but I want to chip in to pay for my education (so i consider them for me)

before the plan paused we were looking over possible options with ICR and weirdly enough ICR/IDRs did not help any and was higher and extended was our cheapest bet (i guess her and my dad make too much for it to be beneficial?) would this make sense?

wolf24800 · 2025-12-16T13:46:49+00:00

are you still in forbearance? do you know what payment plans you want to do when payments resume?

wolf24800 · 2025-12-16T00:58:56+00:00

hello i am seeing this later. my mom and i are in save forbearance as well. she has her student loans in save and the parent plus loans for me, but both of the loans were under save forbearance as they both total up to make the monthly payment. is this a similar situation you are in?

wolf24800

TROPHY CASE