Calculate∑ What your result means
Student loan repayments are collected automatically through PAYE once your income passes your plan's repayment threshold, on top of Income Tax and National Insurance.
Net Salary Calculator (Student Loan Plans 1–5)
See your take-home pay after Income Tax, National Insurance and student loan repayments.
Your details
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Verified for 2026-27Methodology 2026-27.1 · reviewed 2026-08-08 · review by 2027-03-01
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Compare scenarios
Change annual gross salary to see the effect on your result.
Understand your result
Clear context for the values above.
Annual gross salary
Annual gross salary is included so you can interpret this estimate and make a better-informed comparison.
Income Tax region
Income Tax region is included so you can interpret this estimate and make a better-informed comparison.
Student loan plan
Student loan plan is included so you can interpret this estimate and make a better-informed comparison.
Repayment threshold
Repayment threshold is included so you can interpret this estimate and make a better-informed comparison.
How to use this calculator
- 1Enter your current annual gross salary, income tax region, student loan plan, repayment threshold (auto-filled from plan, editable), repayment rate (auto-filled from plan, editable), employee pension contribution, pension method, also repay a postgraduate loan.
- 2Review the headline estimated annual take-home and the supporting figures beside it.
- 3Change one input at a time to see which assumption has the biggest effect.
- 4Confirm current UK rates and thresholds with an official source before acting.
Explore this calculator
What your result means →The headline estimated annual take-home is based on the inputs currently shown above.Key terms explained →Review the assumptions, applicable rules, timing and real-world fees before making a decision.How to use this calculator →Enter your figures, review the live result, compare scenarios, then save or print your estimate.The calculation formula →The calculation follows the standard relationship between the displayed inputs. Results update whenever an input changes.Worked example →Using the current values produces £31,133.Assumptions and limitations →Review the assumptions, applicable rules, timing and real-world fees before making a decision.Costs or factors not included →Review the assumptions, applicable rules, timing and real-world fees before making a decision.Frequently asked questions →How accurate is this estimate? What should I check before relying on it? Can I save or share the result?
▦ How this calculator works
Income Tax and National Insurance are calculated using the standard PAYE bands, then 9% is charged on income above your plan's threshold (6% for Postgraduate loans), and all three deductions are subtracted from gross salary.
◇ Assumptions and what's not included
Each plan has its own threshold and these are reviewed periodically; having more than one loan plan running simultaneously (common after further study) changes the calculation and isn't modelled here.
▤ What to do next
Check which plan applies to you (it depends on when and where you started your course) via your loan provider, and re-run this whenever your salary or threshold changes.
UK-specific contextFigures use GBP and current published rates and thresholds.
Reviewed for clarityUpdated 3 August 2026.
ImportantFor planning and educational use — not tax, legal or financial advice.
Your privacy mattersInputs stay in your browser.
Frequently asked questions
Which plan applies to me?+
It depends on where and when you started your course — Student Loans Company records show your specific plan type, or check your annual statement.
Do I repay if I earn below the threshold?+
No, no repayments are due until your income exceeds your plan's specific threshold, and repayments stop automatically if your income drops below it.
Can I have more than one plan at once?+
Yes. Turn on the concurrent postgraduate-loan option to add its separate 6% repayment to the selected undergraduate-plan repayment.
Does overtime or bonus income count towards repayments?+
Yes, student loan repayments are calculated on your total taxable pay for the period, including bonuses and overtime, not just your base salary.
Official references
Rules and thresholds used by this calculator are labelled for 2026–27 or formula-labelled period. Review the primary guidance before making a filing, borrowing, benefit or investment decision.
Last source review: 3 August 2026. Calculator results are estimates and may exclude circumstances described in the methodology.