Last Updated on 10 November 2025
Our student loan calculator lets you calculate the loan repayments for both Loan 2 and Loan 5 student finance, providing monthly and annual figures.
Student Loan Repayment Calculator
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Thresholds
Student loans payments commence once your income exceeds the repayment threshold. Payments are 9% of your salary that falls above the threshold. The current threshold for Plan 2 loans is £28,470 and £25,000 for Plan 5 loans. Plan 5 loans came into effect for students who started university from September 2023 onwards.
