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Student Loan Repayments Calculator
Estimate your UK or US student loan monthly repayments, total interest, and how long until your loan is repaid or written off.
⚠ Important Notice — Please Read
These calculations are estimates for informational purposes only. Student loan rules, repayment thresholds, interest rates, and write-off periods change frequently and vary by plan, year of study, and country. UK thresholds are reviewed annually. US income-driven repayment plans are subject to ongoing legal and regulatory changes. Always verify current terms with the Student Loans Company (UK), your loan servicer (US), or a qualified financial adviser before making any decisions.
🎓 UK Student Loan Details
£
£
📊 UK Repayment Estimate
Monthly Payment
—
deducted from salary
Annual Payment
—
per year
Outcome
—
—
Repayment Breakdown
Year-by-Year Summary
| Year | Annual Payment | Interest Added | Balance |
|---|
💡 UK student loan repayments are income-contingent — you only repay when your income is above the threshold. Payments are collected via PAYE (payroll) automatically. If your income drops below the threshold, repayments stop automatically.
🎓 US Student Loan Details
$
$
📊 US Repayment Estimate
Monthly Payment
—
—
Total Repaid
—
over full term
Total Interest
—
cost of borrowing
Year-by-Year Summary
| Year | Annual Payment | Interest Added | Balance |
|---|
💡 US federal loan interest rates are set by Congress each year and are fixed for the life of the loan. Income-driven repayment plans (IBR, SAVE) are subject to ongoing legal changes — check studentaid.gov for the latest information.
Free tool provided by AI Tools Integration · Estimates only — verify with Student Loans Company or your loan servicer