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
£80
9% above the plan threshold
Annual repayment
£955
Before tax and NI
Plan threshold
£29,385
Income before repayments begin (2026-27)
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 every UK plan — Plan 1, Plan 2, Plan 4, Plan 5 and the Postgraduate Loan — by applying the repayment percentage to earnings above each plan’s 2026-27 threshold. If you have an undergraduate and a postgraduate loan, it adds the two. 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.
Which plan are you on?
It depends on where and when you started your course. Plan 1 generally covers English and Welsh students who started before September 2012, plus most Northern Irish students. Plan 2 covers English and Welsh students who started from September 2012. Plan 4 applies to Scottish students. Plan 5 covers English students who started from August 2023, and a Postgraduate Loan (master’s or doctoral) is repaid separately, on top of any undergraduate plan. Each has a different repayment threshold, so at the same salary your monthly repayment differs by plan. If you are unsure, check your online student loan account rather than guessing — repaying on the wrong assumption can leave you budgeting for the wrong figure.
Three things borrowers often get wrong
- It is 9% of income above the threshold, not 9% of your salary. If you earn just over the threshold, your repayment is small — not 9% of everything you earn.
- It behaves like a graduate tax, not a normal debt. Repayments stop automatically if your income falls below the threshold, and any remaining balance is written off after a set period regardless of how much you have repaid.
- It does not appear on your credit file. A UK student loan does not affect your credit score, though lenders may count the monthly repayment when assessing mortgage affordability.
How this calculator works
Select your student loan plan, enter your earnings, and the calculator applies the repayment rate (9%, or 6% for a Postgraduate Loan) to income above that plan’s 2026-27 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.
Repayment thresholds and monthly repayments, 2026-27
What each plan takes from your pay each month at four salaries. The plan decides when repayments start; your salary decides the amount.
| Plan | Threshold | £30,000 | £40,000 | £50,000 | £60,000 | Written off |
|---|---|---|---|---|---|---|
| Plan 1 | £26,900 | £23/mo | £98/mo | £173/mo | £248/mo | 25 years |
| Plan 2 | £29,385 | £5/mo | £80/mo | £155/mo | £230/mo | 30 years |
| Plan 4 | £33,795 | £0/mo | £47/mo | £122/mo | £197/mo | 30 years |
| Plan 5 | £25,000 | £38/mo | £113/mo | £188/mo | £263/mo | 40 years |
| Postgraduate Loan | £21,000 | £45/mo | £95/mo | £145/mo | £195/mo | 30 years |
Undergraduate plans repay 9% above the threshold; the Postgraduate Loan repays 6%. Source: GOV.UK — Repaying your student loan.
Wondering whether you will ever clear the balance, or whether overpaying makes sense? Read how much you will actually repay on a UK student loan, or compare two plans side by side with the Plan 1 vs Plan 2 calculator.
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?
9% of what you earn above your plan's threshold (6% for a Postgraduate Loan). On Plan 2 at £40,000 that is £80 a month in 2026-27; on Plan 1 it is £98. Below the threshold you repay nothing.
Which plans are covered?
All five: Plan 1 (£26,900), Plan 2 (£29,385), Plan 4 (£33,795), Plan 5 (£25,000) and the Postgraduate Loan (£21,000), using the 2026-27 thresholds. You can combine an undergraduate plan with a Postgraduate Loan.
What if I have a postgraduate loan as well?
You repay both at once: 9% above your undergraduate plan's threshold plus 6% above £21,000. Tick the Postgraduate Loan box and the calculator adds the two together.
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.