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Income Percentage Factors

(Based on Annual Income)

Single Married and Head of Household


Income % Factor Income % Factor

7,669 55.00% 7,669 50.52%


10,552 57.79% 12,101 56.68%
13,578 60.57% 14,422 59.56%
16,673 66.23% 18,853 67.79%
19,629 71.89% 23,356 75.22%
23,356 80.33% 29,337 87.61%
29,337 88.77% 36,793 100.00%
36,793 100.00% 44,251 100.00%
44,251 100.00% 55,438 109.40%
53,185 111.80% 74,080 125.00%
68,101 123.50% 100,180 140.60%
96,452 141.20% 140,106 150.00%
110,592 150.00% 228,943 200.00%
196,984 200.00%

CONSTANT MULTIPLIER CHART FOR 12-YEAR AMORTIZATION

Interest 7.00% 7.25% 7.46% 7.50% 7.75% 8.00% 8.25% 8.38% 8.50% 8.75% 9.00%
Rate

Annual 0.123406 0.125011 0.126368 0.126627 0.128255 0.129894 0.131545 0.132408 0.133207 0.134880 0.136564
Constant
Multiplier

14-36
Income Contingent Repayment Plan
Sample First-Year Monthly Repayment Amounts for a Single Borrower at Various Income and Debt Levels

Initial Debt

Income $2,500 $5,000 $7,500 $10,000 $12,500 $15,000 $17,500 $20,000 $22,500 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 $55,000 $60,000 $65,000 $70,000 $75,000 $80,000 $85,000 $90,000 $100,000

$1,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

2,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

3,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

4,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

5,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

6,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

7,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

8,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

9,000 15 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16

10,000 16 31 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33

12,500 16 33 49 65 74 74 74 74 74 74 74 74 74 74 74 74 74 74 74 74 74 74 74 74

15,000 17 35 52 69 87 104 116 116 116 116 116 116 116 116 116 116 116 116 116 116 116 116 116 116

17,500 19 37 56 74 93 112 130 147 156 158 158 158 158 158 158 158 158 158 158 158 158 158 158 158

20,000 20 40 60 80 100 120 140 159 179 199 199 199 199 199 199 199 199 199 199 199 199 199 199 199

22,500 21 43 64 86 107 129 150 172 193 215 241 241 241 241 241 241 241 241 241 241 241 241 241 241

25,000 23 45 68 91 113 136 159 181 204 227 272 283 283 283 283 283 283 283 283 283 283 283 283 283

30,000 25 49 74 98 123 148 172 197 221 246 295 344 366 366 366 366 366 366 366 366 366 366 366 366

35,000 27 53 80 107 133 160 187 213 240 267 320 373 426 449 449 449 449 449 449 449 449 449 449 449

40,000 27 55 82 110 137 164 192 219 247 274 329 384 438 493 533 533 533 533 533 533 533 533 533 533

45,000 28 55 83
Income Contingent Repayment Plan
Sample First-Year Monthly Repayment Amounts for a Married or Head-of-Household Borrower at Various Income and Debt Levels
(Family Size=3)

Initial Debt

Income $2,500 $5,000 $7,500 $10,000 $12,500 $15,000 $17,500 $20,000 $22,500 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 $55,000 $60,000 $65,000 $70,000 $75,000 $80,000 $85,000 $90,000 $100,000

$1,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

2,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

3,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

4,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

5,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

6,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

7,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

8,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

9,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

10,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

12,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

15,000 17 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

17,500 18 36 54 64 64 64 64 64 64 64 64 64 64 64 64 64 64 64 64 64 64 64 64 64

20,000 19 38 57 76 95 106 106 106 106 106 106 106 106 106 106 106 106 106 106 106 106 106 106 106

22,500 20 40 61 81 101 121 121 142 148 148 148 148 148 148 148 148 148 148 148 148 148 148 148 148

25,000 22 43 65 86 108 129 129 151 172 189 189 189 189 189 189 189 189 189 189 189 189 189 189 189

30,000 24 49 73 97 122 146 146 170 194 219 249 273 273 273 273 273 273 273 273 273 273 273 273 273

35,000 27 53 80 106 133 160 160 186 213 239 266 319 356 356 356 356 356 356 356 356 356 356 356 356

40,000 27 55 82 110 137 164 164 192 219 247 274 329 438 439 439 439 439 439 439 439 439 439 439 439

45,000 28 55 83 110 138 165 165 193 221 248 276 331 441 496 523 523 523 523 523 523 523 523 523 523

50,000 29 57 86 115 144 172 172 201 230 259 287 345 460 517 575 606 606 606 606 606 606 606 606 606

55,000 30 60 90 120 149 179 179 209 239 269 299 359 478 538 598 657 689 689 689 689 689 689 689 689

60,000 31 62 93 124 155 186 186 217 248 279 310 372 496 559 621 683 745 773 773 773 773 773 773 773

65,000 32 64 97 129 161 193 193 225 257 290 322 386 515 579 643 708 772 837 856 856 856 856 856 856

70,000 33 67 100 133 167 200 200 233 267 300 333 400 533 600 666 733 800 866 933 939 939 939 939 939

75,000 34 69 103 138 172 206 206 241 275 310 344 413 551 619 688 757 826 895 963 1,023 1,023 1,023 1,023 1,023

80,000 35 70 106 141 176 211 211 247 282 317 352 423 564 634 705 775 845 916 986 1,057 1,106 1,106 1,106 1,106

85,000 36 72 108 144 180 216 216 252 288 324 360 433 577 649 721 793 865 937 1,009 1,081 1,153 1,189 1,189 1,189

90,000 37 74 111 148 184 221 221 258 295 332 369 442 590 664 737 811 885 958 1,032 1,106 1,180 1,253 1,273 1,273

95,000 38 75 113 151 188 226 226 264 301 339 377 452 603 678 754 829 904 980 1,055 1,131 1,206 1,356 1,356 1,356

100,000 39 77 116 154 193 231 231 270 308 347 385 462 616 693 770 847 924 1,001 1,078 1,155 1,232 1,309 1,386 1,439

Sample repayment amounts are based on an interest rate of 8.25%.