Student loan repayment calculator
About this calculator
This calculator is for all student loan borrowers - whether New Zealand or overseas-based. It will help you plan your student loan repayments by showing you how much time you can save by paying a little bit extra. This calculator is for borrowers who have finished studying and have not drawn down any further loans.
Use of this tool does not result in data being submitted to us.
When to use this calculator
Use this calculator if you're a student loan borrower.
There are a number of assumptions that this calculator makes and we recommend that you read these before using this calculator.
This calculator will take about five minutes to complete.
This calculator shows what impact your repayments will have on your student loan over time. You can also use it to see the difference additional repayments would make to the term of your student loan. We recommend that you revisit this calculator if your circumstances change (such your as salary or living circumstances).
What you will need
- Your current loan balance
- Your income from salary or wages for the current tax year
- Your total income from all sources (including interest and investment income) for the current tax year
After you finish
If you decide to make voluntary repayments, go to Make a repayment and Make additional repayments.
You may wish to print and keep a copy of this results page for your records.
No information you provide while using the calculator is recorded, saved or in any way referenced by Inland Revenue. The calculator is stored on a secure part of our website to prevent unauthorised interception. If you are unable to access the calculator, you may need to update your browser and/or firewall settings.
