Payment count IBR vs RAP- when to switch

I have 107 payments towards my IBR loans. I always assumed I would wait it out and pay the tax bomb because the monthly interest is $900 on $132k and my IBR payments are $500. Does it make sense to switch to RAP and try to pay it off but add 5-more years? I will be almost 70 when that happens.

Posted May 7, 2026, 12:36 PM UTC

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