Total Lifetime Cost Calculator
Analyse your complete student loan repayment, see total interest paid and write-off amounts
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Enter your loan details to see the full cost analysis
Understanding Lifetime Costs
Your total student loan cost depends on several factors working together over many years.
🎯 Starting Balance
The amount you borrowed plus interest accrued during study.
📈 Interest Accumulation
Interest adds to your balance daily. Higher earners may pay more in interest.
⏰ Write-Off Period
Any remaining balance after 25-40 years (depending on plan) is written off.
Using Plan 2 defaults — Threshold: £28,470/yr, Interest: 6.2%, Repayment: 9%, Salary Growth: 2%, Write-off: 30 years