United KingdomUK Student Loan Repayment (Plans 1, 2, 5 & PG)Finance & SalaryUK Student Loan Repayment Calculator (Plan 1, Plan 2, Plan 5 & Postgraduate)
Calculate your monthly and annual UK Student Loan salary deductions across repayment plans: Plan 1 (9% over £24,990), Plan 2 (9% over £27,295), Plan 5 (9% over £25,000), and Postgraduate Loan (6% over £21,000).
Calculator Inputs
Live Real-TimeMonthly Student Loan Deduction via PAYE
Total Annual Student Loan Repayment
963.45 £/mo
Annual Earnings Repayment Threshold (£)
27,295 £/mo
Detailed Calculation Breakdown
Calculation Methodology
Annual Repayment = max(0, Salary - Plan Threshold) * Plan Rate% (9% for undergrad plans, 6% for postgraduate). Monthly Deduction = Annual Repayment / 12.
Important Legal & Educational Disclaimer
Student loans operate as an income-contingent graduate tax deducted through PAYE. Unpaid balances are written off after 30 to 40 years.
This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.
Frequently Asked Questions
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