United Kingdom
Student Loan Repayment Calculator
Calculate monthly and annual repayments for Plan 1, Plan 2, and Plan 4 using simple static thresholds.
Enter your details
Monthly repayment
£95
9% above the plan threshold
Annual repayment
£1,143
Before tax and NI
Plan threshold
£27,295
Income before repayments begin
Student Loan Repayment Calculator shows how earnings above plan thresholds convert into monthly and annual repayments.
What this calculator does
This calculator estimates annual and monthly student loan repayments for UK Plans 1, 2, and 4 by applying the standard repayment percentage to earnings above each plan threshold. It gives a clear view of how repayments may affect your monthly budget.
Who should use this calculator
Borrowers subject to UK student loan repayment rules, recent graduates, and employees wanting to understand the repayment impact alongside take-home pay should use this tool.
How this calculator works
Select the student loan plan to use its repayment threshold, enter your earnings, and the calculator applies the standard repayment rate (commonly 9%) to income above the threshold to compute annual and monthly repayments. Interest and write-off rules are not modelled.
How to interpret your result
Displayed repayments are estimates based on thresholds and a fixed repayment percentage. Use them to budget and compare scenarios; they do not include interest accruals or account for potential write-off policies.
Example
If you earn £30,000 on a plan with a £25,000 threshold, repayments apply to £5,000 at 9%, giving annual repayments of £450 (≈£37.50/month). Adjust inputs for your exact threshold and income.
Limitations & disclaimer
This tool is an estimate only. It does not model interest, write-offs, or regional exceptions. For specific repayment schedules and official thresholds consult your loan servicer or government guidance.
FAQs
How much do I repay?
Repayments are 9% of earnings above your plan threshold; monthly amounts are a portion of annual repayments.
Which plans are covered?
This tool shows Plan 1, Plan 2, and Plan 4 thresholds used for repayment calculations.
Are interest or write-off rules shown?
No. This calculator focuses on repayment amounts and does not model interest or write-off timing.
More UK tools: UK calculators hub. Try Salary Breakdown or Salary After Tax.