Calculate UK student loan repayments
Plan 1: If you started uni before September 2012 in England/Wales, or any time in Scotland/NI. Threshold: £22,015. Write-off: 25 years or age 65.
Plan 2: If you started uni in September 2012 or later in England/Wales. Threshold: £27,295. Write-off: 30 years.
You pay 9% of income above the threshold. For example, if you earn £30,000 on Plan 2 (threshold £27,295), you pay 9% of £2,705 = £243.45/year or £20.29/month.
Repayments are taken automatically from your salary like tax
Plan 1 loans are written off after 25 years or when you turn 65 (whichever comes first). Plan 2 loans are written off after 30 years. Any remaining balance disappears - you never have to pay it.