2025/26 · After income tax, National Insurance & Plan 2 student loan
A £50,000 salary minus tax, NI and a Plan 2 student loan leaves an estimated £37,582 per year in 2025/26. Your payslip deduction for the loan alone is around £161 a month.
| Item | Annual | Monthly |
|---|---|---|
| 💷 Gross salary | £50,000 | £4,167 |
| − Income tax | −£7,486 | −£624 |
| − National Insurance | −£2,994 | −£250 |
| − Student loan (Plan 2) | −£1,938 | −£161 |
| ✓ Take-home pay | £37,582 | £3,132 |
| Plan | Threshold | Repayment/yr | Take-home/yr |
|---|---|---|---|
| Plan 1 | £26,065 | −£2,154 | £37,365 |
| Plan 2 | £28,470 | −£1,938 | £37,582 |
| Plan 4 (Scotland) | £32,745 | −£1,553 | £36,439 |
| Plan 5 | £25,000 | −£2,250 | £37,270 |
| Postgraduate | £21,000 | −£1,740 | £37,780 |
Repayments are 9% of income above your plan's threshold (6% for postgraduate loans). Not sure which plan you're on? England & Wales starters from Aug 2023 are Plan 5; 2012–2023 are Plan 2; Scotland is Plan 4.
All plans, interest, write-off horizons — free, no signup
Open UK Student Loan Calculator →Uses 2025/26 HMRC rates (personal allowance £12,570, basic 20%, higher 40%, additional 45%; NI 8%/2%) plus 2025/26 student loan thresholds: Plan 1 £26,065, Plan 2 £28,470, Plan 4 £32,745, Plan 5 £25,000 (9%), Postgraduate £21,000 (6%). Headline figures assume Plan 2 and England/Wales tax bands, no pension contributions. The Plan 4 row uses Scottish 2025/26 income tax bands, since Plan 4 borrowers studied in Scotland. Repayments are collected via PAYE on income above the threshold. Estimates only — not financial advice.