Student Loan Repayment Plan Calculator UK

Free UK student loan repayment calculator. Calculate your monthly payments, repayment timeline, and total interest. Works with Plan 1, Plan 2, and Postgraduate loans.

Free, accurate calculator with no signup required.

Use the Calculator

Enter your details below to calculate your student loan repayment plan. All calculations are performed in your browser for complete privacy.

Instructions

  1. Enter your current student loan debt amount
  2. Enter your expected annual gross income
  3. Select your loan plan (check your loan documents)
  4. View your monthly payment and repayment timeline

Your Details

Your Repayment Plan

Monthly Payment

£25.47

Annual Payment

£305.64

Repayment Period

40 years

Total Interest

£111,962.82

Total Amount Paid

£12,225.60

Plan 2

Threshold:£31,604.00
Rate:9%
Write-off:40 years
Interest:RPI + up to 3%

Repayment Schedule

Year 1

Starting Balance

£27,500.00

Payment

£305.64

Interest

£1,237.50

Ending Balance

£28,431.86

Total Paid So Far

£305.64

Year 2

Starting Balance

£28,431.86

Payment

£305.64

Interest

£1,279.43

Ending Balance

£29,405.65

Total Paid So Far

£611.28

Year 3

Starting Balance

£29,405.65

Payment

£305.64

Interest

£1,323.25

Ending Balance

£30,423.27

Total Paid So Far

£916.92

Year 4

Starting Balance

£30,423.27

Payment

£305.64

Interest

£1,369.05

Ending Balance

£31,486.68

Total Paid So Far

£1,222.56

Year 5

Starting Balance

£31,486.68

Payment

£305.64

Interest

£1,416.90

Ending Balance

£32,597.94

Total Paid So Far

£1,528.20

Year 6

Starting Balance

£32,597.94

Payment

£305.64

Interest

£1,466.91

Ending Balance

£33,759.20

Total Paid So Far

£1,833.84

Year 7

Starting Balance

£33,759.20

Payment

£305.64

Interest

£1,519.16

Ending Balance

£34,972.73

Total Paid So Far

£2,139.48

Year 8

Starting Balance

£34,972.73

Payment

£305.64

Interest

£1,573.77

Ending Balance

£36,240.86

Total Paid So Far

£2,445.12

Year 9

Starting Balance

£36,240.86

Payment

£305.64

Interest

£1,630.84

Ending Balance

£37,566.06

Total Paid So Far

£2,750.76

Year 10

Starting Balance

£37,566.06

Payment

£305.64

Interest

£1,690.47

Ending Balance

£38,950.89

Total Paid So Far

£3,056.40

Year 11

Starting Balance

£38,950.89

Payment

£305.64

Interest

£1,752.79

Ending Balance

£40,398.04

Total Paid So Far

£3,362.04

Year 12

Starting Balance

£40,398.04

Payment

£305.64

Interest

£1,817.91

Ending Balance

£41,910.31

Total Paid So Far

£3,667.68

Year 13

Starting Balance

£41,910.31

Payment

£305.64

Interest

£1,885.96

Ending Balance

£43,490.64

Total Paid So Far

£3,973.32

Year 14

Starting Balance

£43,490.64

Payment

£305.64

Interest

£1,957.08

Ending Balance

£45,142.08

Total Paid So Far

£4,278.96

Year 15

Starting Balance

£45,142.08

Payment

£305.64

Interest

£2,031.39

Ending Balance

£46,867.83

Total Paid So Far

£4,584.60

Year 16

Starting Balance

£46,867.83

Payment

£305.64

Interest

£2,109.05

Ending Balance

£48,671.24

Total Paid So Far

£4,890.24

Year 17

Starting Balance

£48,671.24

Payment

£305.64

Interest

£2,190.21

Ending Balance

£50,555.81

Total Paid So Far

£5,195.88

Year 18

Starting Balance

£50,555.81

Payment

£305.64

Interest

£2,275.01

Ending Balance

£52,525.18

Total Paid So Far

£5,501.52

Year 19

Starting Balance

£52,525.18

Payment

£305.64

Interest

£2,363.63

Ending Balance

£54,583.17

Total Paid So Far

£5,807.16

Year 20

Starting Balance

£54,583.17

Payment

£305.64

Interest

£2,456.24

Ending Balance

£56,733.77

Total Paid So Far

£6,112.80

Year 21

Starting Balance

£56,733.77

Payment

£305.64

Interest

£2,553.02

Ending Balance

£58,981.15

Total Paid So Far

£6,418.44

Year 22

Starting Balance

£58,981.15

Payment

£305.64

Interest

£2,654.15

Ending Balance

£61,329.67

Total Paid So Far

£6,724.08

Year 23

Starting Balance

£61,329.67

Payment

£305.64

Interest

£2,759.83

Ending Balance

£63,783.86

Total Paid So Far

£7,029.72

Year 24

Starting Balance

£63,783.86

Payment

£305.64

Interest

£2,870.27

Ending Balance

£66,348.49

Total Paid So Far

£7,335.36

Year 25

Starting Balance

£66,348.49

Payment

£305.64

Interest

£2,985.68

Ending Balance

£69,028.54

Total Paid So Far

£7,641.00

Year 26

Starting Balance

£69,028.54

Payment

£305.64

Interest

£3,106.28

Ending Balance

£71,829.18

Total Paid So Far

£7,946.64

Year 27

Starting Balance

£71,829.18

Payment

£305.64

Interest

£3,232.31

Ending Balance

£74,755.85

Total Paid So Far

£8,252.28

Year 28

Starting Balance

£74,755.85

Payment

£305.64

Interest

£3,364.01

Ending Balance

£77,814.23

Total Paid So Far

£8,557.92

Year 29

Starting Balance

£77,814.23

Payment

£305.64

Interest

£3,501.64

Ending Balance

£81,010.23

Total Paid So Far

£8,863.56

Year 30

Starting Balance

£81,010.23

Payment

£305.64

Interest

£3,645.46

Ending Balance

£84,350.05

Total Paid So Far

£9,169.20

Year 31

Starting Balance

£84,350.05

Payment

£305.64

Interest

£3,795.75

Ending Balance

£87,840.16

Total Paid So Far

£9,474.84

Year 32

Starting Balance

£87,840.16

Payment

£305.64

Interest

£3,952.81

Ending Balance

£91,487.33

Total Paid So Far

£9,780.48

Year 33

Starting Balance

£91,487.33

Payment

£305.64

Interest

£4,116.93

Ending Balance

£95,298.62

Total Paid So Far

£10,086.12

Year 34

Starting Balance

£95,298.62

Payment

£305.64

Interest

£4,288.44

Ending Balance

£99,281.41

Total Paid So Far

£10,391.76

Year 35

Starting Balance

£99,281.41

Payment

£305.64

Interest

£4,467.66

Ending Balance

£103,443.44

Total Paid So Far

£10,697.40

Year 36

Starting Balance

£103,443.44

Payment

£305.64

Interest

£4,654.95

Ending Balance

£107,792.75

Total Paid So Far

£11,003.04

Year 37

Starting Balance

£107,792.75

Payment

£305.64

Interest

£4,850.67

Ending Balance

£112,337.79

Total Paid So Far

£11,308.68

Year 38

Starting Balance

£112,337.79

Payment

£305.64

Interest

£5,055.20

Ending Balance

£117,087.35

Total Paid So Far

£11,614.32

Year 39

Starting Balance

£117,087.35

Payment

£305.64

Interest

£5,268.93

Ending Balance

£122,050.64

Total Paid So Far

£11,919.96

Year 40

Starting Balance

£122,050.64

Payment

£305.64

Interest

£5,492.28

Ending Balance

£127,237.28

Total Paid So Far

£12,225.60

Total Years

40

Total Payments

£12,225.60

Total Interest

£111,962.82

Loan Balance Over Time

Annual Payments Breakdown

Peak Annual Payment

£306

Total Interest Paid

£111,963

Payoff Year

Year 40

Extra Payments Impact

Quick add:

Enter an extra payment amount to see the impact

Income Scenarios

📉

Conservative

Annual Income

£32K

Monthly Payment

£0

Repayment Period

40 years

Total Interest

£132,450

📊

Current

Annual Income

£72K

Monthly Payment

£25

Repayment Period

40 years

Total Interest

£111,963

Your scenario

📈

Optimistic

Annual Income

£252K

Monthly Payment

£138

Repayment Period

32 years

Total Interest

£24,268

🚀

Best Case

Annual Income

£432K

Monthly Payment

£250

Repayment Period

13 years

Total Interest

£8,732

ScenarioMonthlyPeriodInterestTotal Cost
Conservative (-£10k)£040 years£132,450£0
Current Income£2540 years£111,963£12,226
Optimistic (+£15k)£13832 years£24,268£52,980
Best Case (+£30k)£25013 years£8,732£39,073

Key Insights

  • 💚 A +£30,000 salary increase could save £51,615 in interest
  • ⚠️ A £10,000 income reduction would put you below the payment threshold

How to Use

Getting Started

1

Enter Your Information

Provide the required details accurately

2

Calculate Results

Click calculate to see your results

3

Review Results

Check your calculation results and breakdown

Tips for Accuracy

Use current year figures
Double-check your entries
Verify with official sources
Consult professionals for advice

Frequently Asked Questions

What is this calculator used for?
Student Loan Repayment Plan Calculator is designed to help you make accurate calculations based on current UK rates and regulations.
Is this calculator accurate?
Our calculator uses current UK tax rates and regulations. For professional advice, consult with a qualified accountant or advisor.
Do I need to create an account?
No, this calculator is completely free and requires no registration or account creation.
Is my data private?
All calculations are performed in your browser. No data is sent to any server or stored.