Student Loan Repayment Calculator

UK Student Loan Repayent Calculator

This calculator can be used to find out:

  • How long it could take to repay your student loan
  • The potential repayment costs over the loan's duration
Please note that this calculator does not constitute financial advice.

How much do I repay?

For plans 1, 2 and 4 your repayments equal 9% of your pre-tax earnings above the threshold. When you have more than one type the payment is split according to the repayment thresholds.

For the postgraduate loan your repayments equal 6% of your pre-tax earnings above the threshold.

Should I pay it off?

MoneySavingExpert extrordinaire Martin Lewis has a good article on figuring out whether it's worth paying off your loan early. You can find the article here:

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