Australia HECS-HELP Calculator

Calculate your HECS-HELP student loan repayment based on your income. See your repayment rate, annual amount and estimated years to pay off your debt.

HECS-HELP Details

Current HECS-HELP Debt (AUD)

Annual Income (AUD)

Annual Indexation Rate (%)

Annual Repayment

Annual Repayment$1,625

Monthly Repayment$135

Repayment Rate2.50%

Payoff Projection

Current Debt$50,000

Estimated Years to Payoff87 years

Total Amount Repaid$141,375

Extra Paid Due to Indexation$91,375

Disclaimer: This calculator is for estimation purposes only. It assumes a static income and does not account for variable future earnings. HECS-HELP repayments are indexed annually to the Consumer Price Index (CPI). For authoritative information, check the ATO website.

Repayment Threshold: No repayment is required if your income is below $54,435 (2024-25).

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