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Plan 2•£45,000•4.7% interest•30yr write-off

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Should You Overpay?

See how much overpaying could save you.

Overpaying Saves Money
A lump sum of £10,000 could save £36,004 in total interest based on these projections.

This is an estimate, not financial advice. Consider speaking to a financial adviser.

Your Savings

£36,004

Money saved

Time saved6 years
Without Overpaying

£125,053

Total paid

Time30 years
Written off£5,367
With Overpaying

£89,049

Total paid

Time24 years
StatusPaid off
£

Max: £45,000

£0
£0£500
£40,000
£25,000£150,000
Salary Growth

Typical career progression

Simulate threshold rising

Frozen thresholds (current policy)

Note: Government has frozen thresholds through 2027.