2026/27 tax year · gov.uk rates
Student Loan Repayment Calculator
Repayments, plan comparison, payoff timeline & full take-home breakdown — all in one place.
1 Which plan are you on?
Threshold £26,900 · 9% above threshold
2 What do you earn?
Employment
Income tax region
Pay & deductions
Loan interest rate (overrides our default estimate)
Future projections (used in Payoff Timeline)
Overpayment scenario (used in Payoff Timeline)
Employment, tax region, pension, bonus, Marriage Allowance and your interest rate apply everywhere on this page. Pay rise, RPI and this overpayment scenario are used only in the Payoff Timeline tab.
Estimate only — excludes Income Tax & NI (see Take-Home tab). Repayments taken via PAYE.
Want the fuller picture?
Monthly repayment on £30,000 — every plan side by side
You can't choose your plan — it's fixed by when and where you studied — but this shows how much your figure would differ under each. Change salary or the Postgraduate toggle in the Calculator tab to update this.
What's your loan balance?
Tell us how long you've studied and where you lived — we'll estimate a typical balance using this year's tuition fee and average maintenance loan. Swap it for your exact figure from your online SLC account any time.
Years of loans taken so far
Where did you live while studying?
Uses the plan, postgrad toggle and salary from the Calculator tab, plus the pay-rise, RPI and overpayment settings from its .
| Year | Salary | Repaid | Interest | Balance |
|---|
Full pay breakdown on £30,000
Mortgage affordability impact
Could reduce borrowing power by roughly £0
Lenders count your student loan deduction against affordability, typically at 4–4.5× the annual repayment. Doesn't appear on your credit file — only affects how much lenders will offer.
Uses rest-of-UK or Scottish Income Tax bands for 2026/27 depending on the region set in Advanced Options (NI is UK-wide either way). Pension %, bonus and employment type from Advanced Options are also applied. Estimate only.
All UK repayment plans
2026/27 thresholds & rates, per gov.uk.
| Plan | Threshold | Rate | Interest | Written off |
|---|---|---|---|---|
| Plan 1 | £26,900 | 9% | ≤ RPI | 25 yrs |
| Plan 2 | £29,385 | 9% | RPI–6%* | 30 yrs |
| Plan 4 | £33,795 | 9% | ≤ RPI | 30 yrs |
| Plan 5 | £25,000 | 9% | RPI | 40 yrs |
| Postgrad | £21,000 | 6% | RPI+3%* | 30 yrs |
*Postgrad & Plan 2 interest capped at 6% max for 2026/27. Use the Payoff Timeline tab for a full year-by-year projection. Most Plan 2/5 borrowers never repay in full before write-off — confirm your own figures at gov.uk.
Find your plan & balance
Answer a few quick questions — we'll pick your plan and estimate your loan balance too.
What kind of loan do you have?
Where did you study?
When did you start your course?
How many years of loans have you taken so far?
Where did you live while studying?
Do you also have a Postgraduate (Master's/Doctoral) loan?
You're most likely on
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