HELP/HECS Repayment Calculator Australia 2025-26
Estimate compulsory repayments and how long it could take to clear your study loan balanceHELP/HECS Repayment Calculator for Australia
This calculator is built for Australian study and training support loans, including HELP, HECS, VET, SSL, TSL and SFSS balances. Enter your current loan balance, repayment income, indexation and wage growth assumptions to model how your debt could reduce over time.
The 2025-26 compulsory repayment threshold starts at $67,000 and the current rules use a marginal repayment system, so only repayment income above the threshold is used for the first tier of compulsory repayments. Use the balance shown in your ATO account after any 20% student loan debt reduction has been applied, and treat PAYG withholding during the year as separate from your final notice of assessment.
Projection Inputs
Start with your current ATO balance and your annual repayment income.
Repayment income is taxable income plus reportable fringe benefits, total net investment loss, reportable super contributions, and exempt foreign employment income.
Student Loan Repayment Projection
This is an estimate using your chosen debt indexation and wage growth assumptions.
Monthly Repayment
$412.50
Repayment Date
July 2031
Estimated Time to Repay
5 years and 3 months
Projected Future Income
$119,405.23
Assumptions used in this projection:
- Current compulsory repayment rules are based on the 2025-26 ATO thresholds.
- Debt indexation is applied once each June in the projection.
- Wage growth is applied once each July in the projection.
- Voluntary repayments and one-off policy changes are not included.
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☕Support us on Ko-fiWhat This Tool Assumes
Your current balance should already reflect any changes that have already been applied to your ATO account. The projection then estimates future repayments using your chosen debt indexation and wage growth inputs.
- Compulsory repayments are estimated from your repayment income, not just your taxable salary.
- The 2025-26 marginal repayment system starts at $67,000 and has higher formulas for larger repayment incomes.
- Debt indexation is projected annually rather than trying to predict every future policy change.
- Voluntary repayments, offsets, the 20% student loan debt reduction, or future law changes are not included unless they are already reflected in your current balance.
Need Your Pay Figures Too?
If you also want to estimate tax withheld from salary, superannuation, or Medicare settings, use the main Australian Pay Calculator alongside this student loan projection tool.