UK Student Loan Repayment Calculator
Choose your loan plan and enter your annual income to estimate your student loan repayment.
Reflects 2026/27 rates (effective 2026-04-06).
Last checked 2026-09-11 · v1. Tax rules change — verify against an official source before relying on this for a filing.
Source.
UK Student Loan Repayment Calculator
Estimate your monthly and annual student loan repayment across Plan 1, 2, 4, 5 or Postgraduate loans.
This is an estimate for general informational purposes only. It assumes UK PAYE employment with no other adjustments; if you hold more than one type of loan (e.g. Plan 2 plus a Postgraduate Loan), both are deducted simultaneously and should be calculated separately then added together.
UK student loan repayments are 9% of income above your plan’s threshold (6% for Postgraduate Loans), deducted automatically through the tax system once your income exceeds that threshold.
Example
- With the default values shown above, this calculator returns: Repayment Threshold ≈ GBP 29,385.00; Repayment Rate ≈ 9%; Annual Repayment ≈ GBP 505.35; Monthly Repayment ≈ GBP 42.11.
Frequently Asked Questions
How do I know which plan I have?
Your plan type depends on where you lived and when you started your course — check your Student Loans Company account or your P60/payslip, which shows your plan type once repayments begin.
What is Plan 5?
Plan 5 applies to English and Welsh students who started university on or after 1 August 2023, with a lower £25,000 threshold and a longer 40-year repayment term than Plan 2.