UK Student Loan Calculator
Estimate monthly repayments, total amount you’ll pay, and payoff time for Plan 2, Plan 5, and Postgraduate Loans (2026/27 rates).
Monthly Repayment
Total Cost & Payoff Time
Plan Comparison
Monthly Student Loan Repayment
UK Student Loans 2026
Plan 2 and Plan 5 have a repayment threshold of £27,295 (England & Wales). You repay 9% of income above the threshold. Loans are written off after 30–40 years depending on the plan.
Frequently Asked Questions
Only when you earn above the threshold (£27,295 for Plan 2/5 in 2026). Repayments are collected via PAYE.
Yes. Plan 2 after 30 years, Plan 5 after 40 years, Postgraduate after 30 years.
Yes, but there is usually no financial benefit as interest is linked to inflation/RPI.