# Student loan repayment calculator 2026/27 | ComputeNow

URL: https://computenow.co.uk/student-loan-repayment-calculator/

> See your student loan repayments for 2026/27 on Plan 1, 2, 4, 5 and Postgraduate Loans: 9% (or 6%) of what you earn over the threshold.

This calculator shows a worked example below. To use your own figures, add them to the URL as query parameters (listed in https://computenow.co.uk/llms.txt), for example https://computenow.co.uk/student-loan-repayment-calculator/?<parameter>=<value>.

[What's Left, step 1 of 7: What will I take home?](https://computenow.co.uk/money-plan/#steps)

# Student loan repayment calculator

See how much of your salary goes on student loan repayments each month. You don't need your balance: repayments depend only on what you earn.
2026/27 thresholdsRates checked 18 October 2026
By the ComputeNow team, checked against GOV.UK and HMRC[Sources (2)](#sources)[How we calculate](https://computenow.co.uk/methodology/)

You repay
£42.11
a month, or £505.35 a year.

## How it adds up

| Item | Year | Month |
| --- | --- | --- |
| Your salary | £35,000.00 | £2,916.67 |
| Plan 2 threshold | £29,385.00 | £2,448.75 |
| Earnings above the threshold | £5,615.00 | £467.92 |
| Plan 2 repayment at 9% | £505.35 | £42.11 |

This is an estimate, not financial advice. If you have more than one undergraduate plan, choose the one with the lowest threshold: you repay 9% over it in total.

### Next steps

- [Take-home pay calculator](https://computenow.co.uk/take-home-pay/?salary=35000&loan=plan2)See your pay after tax, National Insurance and these repayments.
[What's Left](https://computenow.co.uk/money-plan/) adds up your monthly figures from each calculator and shows what is left each month.
[You repay £42.11 Breakdown](#result)

## How student loan repayments work

**You don't need to know how much you owe.** Repayments depend only on what you earn, not on your balance: you repay 9% of what you earn above your plan's threshold (£29,385 a year for Plan 2 in 2026/27). Two people on the same plan and salary repay the same each month, whether they owe £10,000 or £60,000. Your balance only decides how long you keep paying, and whether the loan is written off before you clear it.
The other thresholds are Plan 1 £26,900, Plan 4 £33,795 and Plan 5 £25,000 at 9%, and Postgraduate £21,000 at 6%. If you have a Postgraduate Loan as well as an undergraduate plan, you repay both. To see your balance, sign in to your student loan account on GOV.UK.

## Common questions

### What are the student loan thresholds for 2026/27?

Plan 1: £26,900. Plan 2: £29,385. Plan 4 (Scotland): £33,795. Plan 5: £25,000. You repay 9% of what you earn above your plan's threshold, and 6% over £21,000 for a Postgraduate Loan.

### How much student loan do I repay on £35,000?

On Plan 2, £505.35 a year, or £42.11 a month.

### What if I have more than one student loan?

You repay 9% of your income over the lowest threshold of the plans you have, in one deduction, plus 6% for a Postgraduate Loan.

## Related calculators

[Take-home pay calculator Your pay after Income Tax and NI](https://computenow.co.uk/take-home-pay/)[Salary after tax Every salary from £15,000 to £150,000](https://computenow.co.uk/salary-after-tax/)[Compare two salaries See the difference after tax](https://computenow.co.uk/compare-salaries/)

## Guides and help

### Our guides

[Student loan repayments in 2026/27 Thresholds for every plan and monthly examples](https://computenow.co.uk/guides/student-loan-repayments-2026-27/)

### Official services and free advice

[Check your student loan balance GOV.UK: sign in to see what you owe](https://www.gov.uk/sign-in-to-manage-your-student-loan-balance)[Repaying your student loan GOV.UK: plans, refunds and paying early](https://www.gov.uk/repaying-your-student-loan)

## Sources

Each source was last checked on 18 October 2026.

- [GOV.UK: Repaying your student loan](https://www.gov.uk/repaying-your-student-loan/what-you-pay)
- [GOV.UK: Rates and thresholds for employers 2026 to 2027](https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2026-to-2027)
These results are an estimate, not financial advice. They use the 2026/27 rates in force on 24 October 2026 and the inputs shown, so your actual tax, pay or costs may differ. Before making a decision about your money, check the figures with HMRC or your provider, or speak to a regulated financial adviser. Free, impartial guidance is available from MoneyHelper.
This page explains the rules using the 2026/27 rates in force on 24 October 2026. It is general information, not financial advice. For decisions about your own money, speak to a regulated financial adviser, or get free, impartial guidance from MoneyHelper.