Tax planner

Student Loan Repayment Calculator UK

Estimate UK student loan deductions by plan so you can see the real take-home impact of salary, bonus, and salary sacrifice before you move into the full tax planner.

Tax year: 2026-27
Using 2026-27 student loan thresholdsShows plan, payroll deduction, and take-home

Payroll deduction setup

Model the pay run, then see the student loan drag live

Start with the gross pay run, pick the student loan plan, then add pension details only if they change the payroll view.

01 Pay run02 Loan plan03 Payroll refinements
01

Pay run

Step 1

What income should this deduction be based on?

Use annual salary for broad planning, or monthly/28-day/weekly pay if you want the per-period deduction to match payroll.

02

Loan plan

Step 2

Which student loan threshold applies?

The plan choice drives the deduction threshold. If you are unsure, start with Plan 2 for England/Wales undergraduate loans, then confirm against your Student Loans Company account.

03

Payroll refinements

Step 3

Add pension and tax code if they change take-home

Student loan deductions sit next to PAYE and pension in the real payslip, so keep these aligned before carrying the draft into Tax.

Current read

Where this student loan setup sits

Threshold check

Above threshold by £35,415.00

Repayments start once earnings move above £29,385.00 for Plan 2.

Plan threshold

£29,385.00

9% repayment rate

Effective tax drag

28.6%

Tax, NI, and student loan combined on the current setup

Next move

£291.60 a year of student loan could be avoided via salary sacrifice

With the same pension rate routed through payroll sacrifice, take-home improves by about £356.40 a year in this setup.

Student loan saved via salary sacrifice

£291.60

Comparison uses the same pension rate routed through payroll sacrifice

Net take-home lift

£356.40

Estimated annual improvement if payroll sacrifice is available

Save this loan estimate

Keep this student loan estimate

Save the salary, pension, and loan plan together so the Tax planner can compare student loan, PAYE, and salary sacrifice effects.

No cardPlan savedTax planner ready

Annual loan

£3,187.35

Pay cadence, plan threshold, pension mode, and take-home stay aligned.

What saving unlocks

Keep the student loan setup and compare it with salary sacrifice.

Keep the loan setup and compare it properly with pension mode, salary sacrifice, and take-home pay.

Plan comparisonSalary sacrifice effectTake-home and ANI

Keep this result

Save the editable version, or email yourself the read first.

Save student loan result free

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Save or share this student loan read

Plan 2 deduction £3,187.35 a year. Projected monthly take-home £3,584.17.

Who this helps

Who this student loan calculator is for

Use this when the main question is how student loan deductions change take-home, not whether they reduce ANI. It is especially useful before salary sacrifice, pension, or pay-rise decisions where payroll deductions change the real cash result.

Why student loan belongs next to ANI and salary sacrifice

Student loan does not reduce adjusted net income, but it can materially change how much of a pay rise or pension move you actually keep. That is why it sits in the same problem cluster as the ANI calculator and the salary sacrifice calculator.

What this helps you decide

Built for UK student loan deduction checks

Use this when the main question is how much of salary, bonus, or overtime is actually left once the plan threshold is applied.

Student loan changes take-home, not ANI

This page keeps the student loan deduction separate from ANI so you can see the cash effect without confusing it with threshold tests like HICBC or the £100k taper.

Useful before salary sacrifice decisions

Salary sacrifice can change student loan deductions as well as tax and NI, so this is the right tool before you rely on the headline pension figure alone.

A clean route into the broader tax planner

Once the student loan setup looks right, Seedli carries the same pay, bonus, and plan settings into the full tax planner instead of making you start again.

Common questions

Do student loan repayments depend on the tax year?

Yes. Repayment thresholds vary by plan and tax year, so the same salary can produce a different deduction once thresholds change.

Do student loan deductions affect adjusted net income?

No. Student loan deductions change take-home pay, but they do not reduce adjusted net income. That is why they matter for affordability rather than the ANI threshold itself.

Why does student loan matter in a salary-sacrifice decision?

Because salary sacrifice can reduce the pay figure used for payroll deductions, it can change student loan repayments as well as tax and National Insurance.

Which plans matter for UK employees now?

For current UK payroll planning the main plans to check are Plan 1, Plan 2, Plan 4, Plan 5, and Postgraduate, each with its own repayment threshold and rate.

Keep this student loan read

£3,187.35 a year, £3,584.17 monthly net

Save