Answers · UK 2025/26
How much is my Plan 1 student loan repayment on a £50,000 salary?
On a £50,000 salary in 2026/27, a Plan 1 student loan repayment is £2,079 for the year (9% of the £23,100 above the £26,900 threshold), leaving take-home pay of £37,440.60 a year after Income Tax, National Insurance and the loan repayment -- about £3,120.05 a month.
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Plan 1 student loans are repaid at 9% of income above a 2026/27 threshold of £26,900. On a £50,000 salary, the amount above the threshold is £23,100, so the annual repayment is 9% of £23,100, which is £2,079, or £173.25 a month, deducted automatically through PAYE. The underlying Income Tax on £50,000 is £7,486 (20% of the £37,430 taxable after the £12,570 Personal Allowance) and National Insurance is £2,994.40 (8% of the same £37,430), so total deductions are £12,559.40, leaving take-home pay of £37,440.60 a year, around £3,120.05 a month. At this salary you are just below the £50,270 higher-rate threshold, so a small pay rise or bonus could tip part of your income into the 40% band, further increasing your combined marginal deduction rate to 51% (40% Income Tax, 2% National Insurance, 9% student loan) on the portion above the threshold.
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This answer is informational only and does not constitute financial, tax or legal advice. Figures are for the 2025/26 UK tax year. See our methodology and sources.