🎓 UK Student Loan Repayment Calculator
Monthly repayment
£42.11 / month
9% of £5,615 above the £29,385 Plan 2 threshold
| Annual repayment | £505.35 |
| Interest rate now (Plan 2) | 4.55% |
| Total you will repay | £70,523 |
| Interest added over the term | £123,171 |
| Balance written off | £97,648 |
- Written off after
- 30 years
- Write-off term
- 30 years
- Repaid vs borrowed
- 157%
2026/27 thresholds. Repayments are taken through PAYE each pay period, so your payslip may differ by a few pence. Projection assumes today’s interest rates and thresholds; any balance left at the end of the term is cancelled.
Estimates for educational purposes, not financial advice.