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Retrograde

I'm about half way through a graduated repayment plan. I expect, if I can qualify, that the extended plan will cut my monthly required payment some. Perhaps more importantly, it won't have the last few years at substantially higher rates. That said, I'd need to compare rate plans to see which one ultimately pays less interest. Note there is not a charge to change plans.

I'll be talking with my lender next week. I think short of deferral or forbearance, I can change plans a few times a year, but I'll verify.

I may not be able to switch to the extended plan, because Of my current balance (not high enough anymore to qualify - I'll only qualify if its based on the original balance).

Either way, I continue to make somewhat more than my monthly payment, and if all goes well, I should be paid off in about 5 years.
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