Projections
Student Loan Calculator
Project repayments for your student-loan plan and see whether you're likely to clear the balance before it's written off — so you know if overpaying is worth it.
Repayment planEngland starters from Aug 2023. RPI only, longer 40-year term.
Plan 5
40-year term
Repayment threshold
£25,000 / yr
Repayment rate
9% above threshold
Typical interest
~4.3% / yr
Your balance
Outstanding balance£45,000
Balance over time
Annual repayment (PAYE)
£4,050
Years to clear
16 years
Total repaid
£62,516
Total interest
£17,516