UK · Free calculator
Student loan repayment calculator
Estimate UK student loan repayments for Plan 1, 2, 4, 5 and postgraduate loans.
Your figures
Rates updated 2026-04-06. Results update as you type.
Student loan estimate based on current official thresholds.
- Annual repayment
- £235.35
- Monthly repayment
- £19.61
- Estimated take-home (after tax, NI & loan)
- £26,324.25
How this calculator works
Repayments are 9% of income above the Plan 2 threshold.
Plan 2 on £32,000
Salary of £32,000 on Plan 2.
Assumptions & sources
- Thresholds for 2026/27.
- Does not model interest, write-off dates or multiple overlapping plans beyond a single selection.
Frequently asked questions
You only repay when income is above your plan’s threshold. Below that threshold, repayments are £0.
Estimates only
Handy Money Tools provides illustrative figures, not personalised financial or tax advice. Verify
important decisions with official sources or a qualified adviser.
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