Student Loan Total Cost Calculator
Calculate total amount you'll actually repay over the loan lifetime with salary growth projections.
Total You'll Actually Pay
£46,193.55
Written off after 30 years
Original Debt
£50,000.00
Total Repaid
£46,193.55
Written Off
£339,425.58
Most of your loan will be written off — you'll only pay 92% of the original amount. Think of it as a graduate tax, not a traditional loan.
Disclaimer
This calculator is provided for informational purposes only and should not be considered as financial or tax advice. All calculations are performed locally in your browser — no personal data is collected or sent to our servers. Rates and thresholds are sourced from HMRC and GOV.UK and are updated for the current tax year. Always verify results with HMRC or consult a qualified professional before making financial decisions.