UK Student Loan Repayment Calculator 2026
Estimate your student loan repayments under all UK plans. See how much you'll pay each month, how long it takes to clear, and whether your loan will be forgiven.
How UK student loan repayment works
Student loans in the UK are income-contingent — you repay a percentage of your income above a plan-specific threshold. Repayments are collected through payroll (PAYE) or self assessment. Interest rates vary by plan and are linked to the Retail Price Index (RPI). Any remaining balance is forgiven after a set number of years (30-40 depending on plan).
UK Student Loan Repayment Calculator 2026 — Plan 1, 2, 4, 5 & Postgraduate
Free UK student loan repayment calculator for all plans (Plan 1, Plan 2, Plan 4, Plan 5, Postgraduate). Estimate monthly repayments, total interest, and time to clear your balance.
Outstanding Balance Over Time
Student loan plans explained
Plan 1 (pre-2012, England/Wales): £22,015 threshold, 9% rate, 6.9% interest, forgiven at age 65 or after 30 years. Plan 2 (2012-2023, England/Wales): £27,295 threshold, 9% rate, up to RPI+3%, forgiven after 30 years. Plan 4 (Scotland): £27,660 threshold, 9% rate, 6.9% interest, forgiven after 30 years or age 65. Plan 5 (post-2023, England): £25,000 threshold, 9% rate, forgiven after 40 years. Postgraduate Loan: £21,000 threshold, 6% rate, 7.7% interest, forgiven after 30 years.