Estimated monthly repayment
£42/month
Affordit planning tool
Student loan repayment calculator
Use the salary slider to estimate how much student loan you could repay each month based on your repayment plan. See how repayments change as your salary moves up or down.
£35,000
Gross yearly salary£15,000£100,000
Estimated annual repayment
£506/year
Income above threshold
£5,615/year
Plan used
Plan 2 · 9% over £29,385
What this means
At £35,000 on Plan 2, your estimated repayment is £42 per month. This is based on 9% of income above the £29,385 yearly threshold.
Thresholds and repayment rates are based on current GOV.UK student loan repayment guidance. These may change in future tax years.
Understand this estimate
How student loan repayments work
In the UK, student loan repayments are based on your income and repayment plan. The amount you owe does not change how much you repay each month. Instead, repayments are calculated as a percentage of income above the threshold for your plan.
What happens if your salary changes?
As your salary rises above the threshold, your estimated repayment rises too. If your income falls below the threshold, your repayment estimate falls to £0 for that plan. This makes student loan repayments useful to include when planning rent, moving out, car finance, savings or other monthly commitments.
Why this matters for affordability
A pay rise can change more than your headline salary. It can affect student loan repayments, pension contributions, savings potential and how much monthly pressure a plan creates. Affordit helps you think about these changes before committing to rent, a car, a holiday, a house deposit or another goal.
Important note
This calculator is for guidance only. It does not connect to HMRC, Student Loans Company, payroll, your employer or your bank. Actual deductions may vary depending on payroll timing, bonuses, overtime, multiple jobs, self-assessment, future threshold changes and your exact student loan plan. Affordit is not financial advice.
Repayment thresholds by plan
| Plan | Yearly threshold | Monthly threshold | Repayment rate |
|---|---|---|---|
| Plan 1 | £26,900 | £2,241 | 9% |
| Plan 2 | £29,385 | £2,448 | 9% |
| Plan 4 | £33,795 | £2,816 | 9% |
| Plan 5 | £25,000 | £2,083 | 9% |
| Postgraduate Loan | £21,000 | £1,750 | 6% |
Lifelong Learning Entitlement planning
From September 2026, learners in England are expected to be able to apply for Lifelong Learning Entitlement funding for eligible courses and modules starting from January 2027.
Affordit's current student loan calculator estimates repayments from salary, repayment plan and current thresholds. A future LLE planning tool would need to look at modular study, course credits, previous funding, remaining entitlement, maintenance support and how repayments may affect monthly affordability.
For learners
Understand how course costs, credits and future repayments could affect real monthly pressure before applying.
For colleges
Help adult and modular learners explore affordability in plain language before they commit to a route.
For providers
Offer a simple planning layer alongside course information, without implying entitlement or eligibility decisions.
LLE rules are still being rolled out and may change. This section is planning context only. Affordit does not currently confirm funding eligibility, course eligibility, provider eligibility or entitlement.
Interested in LLE planning support?
Affordit is exploring a provider-facing LLE affordability tool for colleges, HTQ providers and education providers preparing modular or part-time delivery.
Based on official guidance1 official source usedView sourcesHide sources
These sources support the rules or regulated concepts referenced on this page. Check them for the latest position before acting.
- Repaying your student loan
GOV.UK
Supports: Repayment thresholds, when repayments start and how income affects deductions.
Editorial and review information
Written by the Affordit Editorial Team
Affordit guidance and product content
Published 29 June 2026Updated 17 July 2026Reviewed 17 July 2026
Related student and affordability planning
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plannerAffordit PlannerUse your own income, savings, costs and timeline to check whether a route feels realistic.Open plannerguideCan I afford university?Check student finance, living costs, rent, travel and repayment assumptions before studying.Read guideguideCan I afford rent?Check rent alongside bills, deposit, travel, food and a sensible monthly buffer.Read guideguideCan I afford to move out?Plan rent, deposit, setup costs, bills and the first few months of living independently.Read guide
Common questions
How are student loan repayments calculated?
Repayments are calculated as a percentage of income above the threshold for your repayment plan. Plans 1, 2, 4 and 5 use 9%. Postgraduate Loans use 6%.
Does the amount I owe change my monthly repayment?
No. Your regular repayment is based on income over the threshold, not the total amount you owe.
What happens if my salary goes up?
If your salary moves further above the threshold, your estimated repayment increases. The calculator shows how monthly repayments change as you move the salary slider.
What happens if I earn below the threshold?
Your estimated repayment is £0 for that plan while your income is below the repayment threshold.
Can I have an undergraduate loan and a Postgraduate Loan?
Yes. If you have both, postgraduate repayments are calculated separately from your undergraduate plan, so your total monthly repayment may be higher.
Does this calculator include the Lifelong Learning Entitlement?
Not yet. This calculator estimates student loan repayments using current repayment plan thresholds. LLE affordability support is a future planning area because entitlement, credits, modular study and provider eligibility need a separate flow.
Can Affordit tell me if I am eligible for LLE funding?
No. Affordit does not currently confirm LLE eligibility, course eligibility, provider eligibility or entitlement. The LLE section is planning context only.
Is this financial advice?
No. Affordit provides planning guidance only. It is not financial advice, payroll advice or a Student Loans Company decision.