HECS/HELP Repayment Calculator
Estimate your compulsory HECS-HELP student loan repayment for 2026–27 and see exactly how voluntary payments shrink your remaining study debt faster.
Repayment income can be higher than your taxable income (it adds back things like reportable fringe benefits and reportable super).
Your results
Calculation breakdown
- Compulsory repayment
- Applied to repayment income of $95,000.00 = $3,820.80, capped at debt = $3,820.80
- Remaining debt
- $25,000.00 − $3,820.80 − $0.00 = $21,179.20
Assumptions
- Indexation of the remaining debt balance is not modelled.
- Compulsory repayment is capped at your remaining debt balance.
- The 2026–27 repayment thresholds and rates are used.
- Voluntary repayments are assumed to be made in addition to the compulsory repayment.
How this calculator works
The 2026–27 HELP system charges a marginal rate on repayment income above $69,528. This calculator applies those bands, caps the compulsory amount at your remaining balance and shows the monthly and fortnightly equivalents.
Rates sourced from the Australian Taxation Office for the 2026–27 financial year. Last reviewed 14/08/2026.
2026–27 HELP repayment threshold
For 2026–27, the minimum repayment-income threshold used by CalcAussie is $69,528. Below that amount, this calculator estimates no compulsory HELP repayment.
Above the threshold, the current system is marginal through the lower bands rather than applying one percentage to every dollar of income. The calculator applies the configured bands to estimate the annual compulsory repayment.
- No compulsory repayment below $69,528 repayment income
- Marginal repayment bands above the minimum threshold
- Annual estimate that can be compared with your expected take-home pay
Repayment income can differ from your salary
Your compulsory HELP repayment is based on repayment income as determined through the tax system, which can be different from the salary figure shown on a job offer. Use the calculator as a planning estimate and check your final position against your ATO information when lodging your return.
Related Australian guides
Official sources and assumptions
Check the underlying Australian Government guidance used to review this calculator's rates and assumptions.
Frequently asked questions
What is repayment income?
Repayment income is taxable income plus reportable fringe benefits, reportable super contributions, net investment losses and exempt foreign income — so it is often higher than taxable income.
Does this include indexation?
Only if you enter an assumed indexation rate. We never guess future indexation on your behalf.
Do voluntary repayments reduce the compulsory amount?
They reduce your balance. The compulsory repayment is still based on your repayment income unless the balance is smaller than the calculated amount.
Results are estimates only and are not financial, tax, legal or credit advice.
Rates and thresholds are configured for the 2026–27 Australian financial year and should be reviewed when government settings change.