Student Loan Repayment Calculator
Estimate UK student loan repayments by plan type, salary, balance, salary growth, and write-off period.
Monthly repayment
£57.79
Annual repayment
£693.45
Projected balance
£66,039.64
Estimated write-off
30 years
Repayment is based on income above the plan threshold. Interest is simplified, and loans are normally written off after 25, 30 or 40 years depending on plan.
What this tool includes
- Plan type
- Current balance
- Annual salary
- Salary growth
- Projected balance
- Write-off estimate
What this tool calculates
This calculator estimates student loan repayments from plan type, salary, balance, salary growth and projection period. It applies the 2026/27 repayment threshold and rate for each plan.
How to use it
- Choose your loan plan.
- Enter balance, salary and salary growth.
- Review monthly repayment and projected balance.
Worked example
A Plan 2 borrower earning GBP35,000 repays 9% of income above the plan threshold. The calculator shows the monthly deduction, annual repayment and how the balance may change over time.
Key assumptions
- Uses simplified annual interest assumptions.
- Does not model monthly payroll timing.
- Write-off dates are shown by plan rules and may depend on when the loan became repayable.
Last updated: July 2026
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