Student Loan Repayment Calculator
See how your student loan plan affects your monthly take-home pay.
Your Loan Details
£
Plan 2 (post-Sep 2012)
Who it applies to: Started uni on or after Sep 2012 (England/Wales)
Write-off: Wiped after 30 years
Loan Impact on Your Pay
Annual Repayment
£505
Monthly Deduction
−£42
% of Gross
1.4%
Without vs With Loan
No Loan
£2,393/mo
£28,720/yr
With Loan
£2,351/mo
£28,214/yr
Your loan costs you £42 less per month in take-home.
All Plan Thresholds
Plan 1 (pre-Sep 2012)above £26,900
0.09%Plan 2 (post-Sep 2012)above £29,385
0.09%Plan 4 (Scotland)above £33,795
0.09%Plan 5 (new from 2023)above £25,000
0.09%Postgraduate Loanabove £21,000
0.06%