Student Loan Repayment Calculator UK 2026/27

Estimate 2026/27 student-loan or postgraduate-loan repayments from annual earnings.Annual earningsLoan planPlan 1Plan 2Plan 4Plan 5Postgraduate

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Result—

This Student Loan Repayment Calculator UK 2026/27 is tied to the 2026/27 tax year and models income-contingent loan deductions. It is deliberately an annual planning view: plan-specific thresholds and percentages. A real payslip can still differ because payroll applies the employee’s tax code, pay frequency, cumulative history and any employer-specific deductions.

How to Use the Student Loan Repayment Calculator UK 2026/27

Plan thresholds changed for the new tax year, so using the correct plan is essential. Student loans are income-contingent deductions rather than Income Tax. Separate plan thresholds are essential because choosing the wrong plan can materially change the annual estimate.

Plan 1, 2, 4 and 5 use a 9% rate above their thresholds; postgraduate uses 6% above £21,000. Actual PAYE deductions are calculated per pay period, so bonuses can create uneven monthly deductions.

2026/27 Personal Allowance

Before applying rates on this page, the model considers the 2026/27 standard Personal Allowance of £12,570 where relevant. High earners need the taper: the allowance shrinks above £100,000 adjusted net income and is fully removed by £125,140. That rule can alter plan-specific thresholds and percentages.

Income Tax Rates Used in the Model

Where this page needs the main UK non-savings rates, it uses the 2026/27 sequence of 20%, 40% and 45%. After allowances, the first £37,700 of taxable income sits in the basic band, with higher-rate income extending to £125,140 before the additional rate begins. In the context of Student Loan Repayment Calculator UK 2026/27, the number only matters when it changes student-loan repayment. This page therefore ties the rule back to plan-specific thresholds and deduction percentages, which is the decision path most useful for graduates estimating payroll deductions.

The calculation is intentionally narrow: plan-specific thresholds and percentages. Unrelated tax bands are not applied simply because they exist elsewhere in the UK system. Graduates can use this page to isolate student-loan deductions from Income Tax and NI when estimating a job offer.

National Insurance and Other Deductions

Do not treat National Insurance as another Income Tax band. For pages involving employment cash pay, the model applies its own 2026/27 thresholds and the standard 8%/2% employee rates; for a page centred on income-contingent loan deductions, NI appears only if it changes the question being answered. For this calculator, the next step is not to apply every tax rule on the site. It is to connect the figure with student-loan repayment, using plan-specific thresholds and deduction percentages. That narrower scope is intentional for graduates estimating payroll deductions.

If a user adds education-loan deductions to Student Loan Repayment Calculator UK 2026/27, the plan must be identified first. From April 2026 the annual thresholds range from £25,000 on Plan 5 to £33,795 on Plan 4; Plan 1 is £26,900, Plan 2 £29,385 and postgraduate £21,000. Undergraduate-style plans use 9%, postgraduate 6%. The reason it appears on Student Loan Repayment Calculator UK 2026/27 is page-specific: student-loan repayment can be misunderstood if plan-specific thresholds and deduction percentages is left implicit. The wording here is aimed at graduates estimating payroll deductions and the result should be read on that basis.

Who Should Use the Student Loan Repayment Calculator UK 2026/27

Graduates can use this page to isolate student-loan deductions from Income Tax and NI when estimating a job offer.

The calculation centres on plan-specific thresholds and percentages. Plan selection is decisive because the 2026/27 thresholds differ materially, and postgraduate loans use a separate 6% rule. Keeping those drivers explicit makes it possible to rerun the same scenario after a pay rise, code change or new tax year without guessing which assumption moved.

Use the result to understand income-contingent loan deductions, then move to a specialist page if another income source or deduction becomes material. A page that tries to solve salary, dividends, capital gains, benefits, pensions and multiple jobs in one default calculation would hide more assumptions than it explains.

Worked Examples for Student Loan Repayment Calculator UK 2026/27

Example 1: annual earnings of £35,000 on P1 produce an annualised repayment of about £729.00 under the plan threshold and rate, before considering pay-period rounding.
Example 2: annual earnings of £42,000 on P2 produce an annualised repayment of about £1,135.35 under the plan threshold and rate, before considering pay-period rounding.
Example 3: annual earnings of £49,000 on P4 produce an annualised repayment of about £1,368.45 under the plan threshold and rate, before considering pay-period rounding.
Example 4: annual earnings of £56,000 on P5 produce an annualised repayment of about £2,790.00 under the plan threshold and rate, before considering pay-period rounding.
Example 5: annual earnings of £63,000 on PGL produce an annualised repayment of about £2,520.00 under the plan threshold and rate, before considering pay-period rounding.
Example 6: annual earnings of £70,000 on P1 produce an annualised repayment of about £3,879.00 under the plan threshold and rate, before considering pay-period rounding.
Example 7: annual earnings of £77,000 on P2 produce an annualised repayment of about £4,285.35 under the plan threshold and rate, before considering pay-period rounding.
Example 8: annual earnings of £84,000 on P4 produce an annualised repayment of about £4,518.45 under the plan threshold and rate, before considering pay-period rounding.