Annual student loan
£3,187.35
Plan 2 payroll deduction
Tax workspace
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
Current toolStudent loan
Jump sideways if the question changes, or carry the same draft into the full workspace.
Using 2026-27 student loan thresholdsShows plan, payroll deduction, and take-homeDraft saved in this browser
Deduction each month
£265.61
Based on the current pay cadence
Projected monthly net
£3,584.17
£43,010.05 annual take-home
ANI reference
£61,560.00
Student loan changes take-home, not ANI
Core income
Pay and taxable income used for payroll deductions
Student loan setup
Pick the plan before comparing payroll changes
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 setup
Carry this student loan setup into Seedli
Keep the same pay, bonus, pension, and plan settings so the full Tax planner starts from this exact payroll view.
Create free account to saveSave 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.
Related calculators
Related calculators and guides in the same take-home cluster
Salary sacrifice calculator
Use this when payroll pension is the main lever and you want to compare the student-loan effect with the ANI effect.
Plan 1 vs Plan 2 vs Plan 4 vs Plan 5 repayment guide
Use this if the first blocker is understanding which student loan threshold actually applies to your plan.
Postgraduate loan repayment calculator UK
Use the postgraduate guide when your deduction sits on the separate postgraduate threshold rather than an undergraduate plan.
Tax and payslip planner
Open the broader tax planner when salary, PAYE, pension, student loan, and ANI all need to stay in one live baseline.
Budget planner
Move into budget when the real question is what the post-deduction take-home means for the monthly plan.
Save this setup in Seedli
Save the student loan baseline once the payroll read is right
Seedli keeps this student loan setup and lets you test salary sacrifice, bonus, PAYE, and the wider tax baseline against the same draft.
Create free account to saveUseful guides
Supporting pages around the same student loan repayment questions
Use these when the query is more specific than “student loan repayment calculator” and you want the plain-English explanation before opening the broader tax planner.
Plan 1 vs Plan 2 vs Plan 4 vs Plan 5 student loan repayment
See how the main UK student loan plans differ so you can map the right threshold and repayment drag to your pay.
Postgraduate loan repayment calculator UK
Check the separate postgraduate threshold and why it changes the real cash read on salary growth and pension decisions.
Does salary sacrifice reduce student loan repayments?
Use this when the live question is whether payroll pension changes will reduce student loan deductions as well as tax.
Salary sacrifice calculator
Compare the payroll pension route when the next question is the take-home effect of changing deductions, not just the student loan threshold.
Tax and payslip planner
Open the broader tax planner when salary, PAYE, pension, and student loan all need to be tested together in one baseline.