Plan 5 Loan Calculator
Estimate Your Student Loan Repayments
Calculate how much you'll repay over 40 years under Plan 5 rules. See how your debt changes over time and understand your total repayments.
Plan 5 Student Loan Rules:
- Interest rate = RPI
- Monthly repayment = 9% of earnings above £2,083/month (£25,000/year threshold)
- Remaining debt is written off after 40 years
Loan Details
£
Enter the RPI and starting salary for each decade. Salary grows annually by RPI within each decade.
Years 1-10
£
Years 11-20
£
Years 21-30
£
Years 31-40
£