Free student loan calculator for take-home impact.
Use this free calculator when the real question is not salary after tax alone, but how much repayment drag is changing your monthly take-home pay.
Calculator
Enter details. Read the result.
Plan-based deduction view
See how student loan repayment changes what salary really leaves you with
This tool isolates the repayment drag so you can see how the selected student loan plan changes annual and monthly outcomes.
Best use
Student-loan drag check
Best follow-up
Compare salaries properly
Step 1
Enter your salary and loan plan
This works best when you know which student loan plan applies to you.
Why plan choice matters
The repayment threshold and rate depend on the selected plan. That means the same gross salary can feel materially different depending on which student loan setup applies.
Step 2
Read the repayment drag clearly
This is designed to show what student loan is doing to the salary route, not to replace a full take-home calculation.
Interpretation
Student loan is reducing take-home, but the monthly drag is still fairly contained
On Plan 2, a salary of £30,000 is high enough to trigger repayment, but the monthly drag is still relatively modest. It is real, but it may not yet dominate the way the salary feels.
Yearly repayment
£55
Monthly deduction
£5
Repayment threshold
£29,385
Salary being tested
£30,000
Annual take-home drag
£55
What this means in practice
Student loan is not just a technical deduction. It changes how a raise feels, how monthly budgeting works, and whether two salaries are actually far apart in real life.
Decision insights
Plan 2 is actively reducing monthly take-home
At this salary, repayments are about £5 a month, which is meaningful in salary comparisons and affordability planning.
Compare salary routes
Best when you want to see whether a raise still feels strong after repayment drag.
Open full calculator
Move into the broader take-home picture with tax, pension, and salary context.
Read the student loan guide
Understand why student loan can make the same salary feel weaker in real life.
2026/27
Current UK tax year
HMRC / GOV.UK
Reference sources
Estimate
Free estimate using 2026/27 UK tax-year and student-loan repayment rules with HMRC/GOV.UK reference points.
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