Answers · UK 2025/26

What is my take-home pay on £32,000 with a Plan 1 student loan in 2026/27?

On £32,000 in 2026/27 with a Plan 1 student loan, you pay £3,886 Income Tax, £1,554.40 National Insurance and £459 student loan repayments, leaving £26,100.60 take-home pay -- about £2,175.05 a month.

Last updated: 3 July 2026Last reviewed: 3 July 2026How we verify

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On a £32,000 salary in 2026/27, taxable income of £19,430 gives £3,886 Income Tax (20% basic rate), and National Insurance is 8% of the same amount, £1,554.40, leaving £26,559.60 before any student loan repayment. Plan 1 student loans (taken out by most students who started their course before September 2012, or by Scottish and Northern Irish undergraduates who started more recently) are repaid at 9% of income above the £26,900 threshold for 2026/27. On £32,000, the amount above the threshold is £5,100, so the repayment is 9% of £5,100, which is £459 for the year, deducted automatically through PAYE. This leaves take-home pay of £26,100.60 a year, around £2,175.05 a month -- £459 less than the £26,559.60 someone without a student loan would keep on the same salary. Plan 1 has one of the shortest write-off periods of any current plan -- 25 years after the April you first became eligible to repay -- meaning many Plan 1 borrowers, particularly those who took out relatively modest loans some years ago, may clear their balance in full before the write-off date, unlike Plan 2 or Plan 5 borrowers, whose larger fee-era loans are less likely to be fully repaid within their much longer 30 or 40-year write-off periods.