Student Loan Repayment Calculator
Estimate how long it could take to clear your HELP, HECS or SFSS balanceProject Your Australian Student Loan Payoff Date
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 as it appears today, then model how debt indexation and wage growth could change your repayment timeline.
The estimate uses the current 2025-26 compulsory repayment rules and projects forward month by month. It is designed to give you a practical planning view, not to replace your ATO 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 4 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.
- Debt indexation is projected annually rather than trying to predict every future policy change.
- Voluntary repayments, offsets, 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.