Free Tool — Updated for the July 1, 2026 Rules

What Will Your New RAP Payment Do to Your Home Buying Power?

The Repayment Assistance Plan replaced SAVE on July 1, 2026. Enter your numbers to estimate your new monthly student loan payment — and see what it means for your mortgage approval.

Your Numbers

From your most recent tax return. Married filing jointly? Use joint AGI.
$
RAP subtracts $50/month per dependent claimed on your return.
Used to show how lenders count your debt if no payment is documented.
$
What you pay today under SAVE/IBR/PAYE — enter 0 if in forbearance.
$
Used to translate payment changes into buying power (30-year fixed).

Your RAP Estimate

$—
Estimated RAP monthly payment
RAP income tier
Base payment (before dependents)
Dependent reduction
Change vs. your current payment

Mortgage Impact

Enter your income to see how your RAP payment translates into home buying power.

The Physician Loan Angle

If your payment isn't documented when you apply, many lenders must fall back to 0.5–1% of your loan balance — often far worse than your actual RAP payment. Physician mortgage programs use your real documented payment, which is why getting your RAP amount in writing before applying matters.

Estimates only. RAP payments are calculated by your loan servicer from your adjusted gross income and dependents under the rules of P.L. 119-21, effective July 1, 2026: base payment of 1–10% of AGI by income tier ($10,001–$20,000 → 1%, rising 1% per $10,000 tier, 10% above $100,000; $120/year minimum below that), minus $50/month per dependent child, with a $10/month minimum. Buying-power figures assume a 30-year fixed mortgage at the selected rate and a constant debt-to-income limit; individual lender rules vary. MedPharmaConnect is an educational resource, not a lender; this is not financial advice. Verify your payment with your servicer and loan terms with a licensed mortgage professional.