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Student Loan Repayment Calculator 2026/27
Free student loan repayment calculator for 2026/27: monthly and yearly repayments on Plan 1 (£26,900), Plan 2 (£29,385), Plan 4 (£33,795), Plan 5 (£25,000) and the Postgraduate Loan (£21,000, 6%).
Your loan and pay
Student loan repayment
£42 a month
| Undergraduate plan (9%) | £504 a year |
| Total per year | £504 |
Thresholds 2026/27
| Plan 1 | £26,900 (9%) |
| Plan 2 | £29,385 (9%) |
| Plan 4 (Scotland) | £33,795 (9%) |
| Plan 5 | £25,000 (9%) |
| Postgraduate Loan | £21,000 (6%) |
Repayments come out of your pay through PAYE, worked out each pay period, so a one-off bonus month can mean a bigger deduction. Self-employed people repay through Self Assessment. Interest and write-off dates depend on your plan.
Monthly figures use the PAYE method (whole pounds). Thresholds last checked October 2026. Not legal, tax or financial advice. 🔒 Everything stays on your device.
✅ Rules last checked:
📚 Official sources: GOV.UK
We build every tool from the official rules and re-check them when they change. Always confirm with the official source before you rely on a result.
🛠️ Spotted a mistake or an out-of-date rule? Tell us
Questions people ask
How much student loan do I repay?+
9% of your income above your plan's threshold (6% above £21,000 for a Postgraduate Loan). For 2026/27 the thresholds are £26,900 (Plan 1), £29,385 (Plan 2), £33,795 (Plan 4) and £25,000 (Plan 5).
Which plan am I on?+
Plan 1: started in England or Wales before September 2012, or in Northern Ireland. Plan 2: England or Wales between September 2012 and July 2023. Plan 4: Scotland. Plan 5: England from August 2023.
Do I repay if I earn less than the threshold?+
No. Nothing is taken in months when your pay is under the monthly threshold.