HELP/HECS Repayment Calculator
Calculate your compulsory HELP/HECS study loan repayment based on your repayment income.
Taxable income + net rental losses + fringe benefits + super contributions
Your current indexed HELP/HECS debt balance
Optional extra payments you plan to make each year
Estimated annual salary increase for payoff timeline
How It Works
The calculator looks up your repayment income in the ATO's HELP repayment thresholds and applies the corresponding percentage to your full repayment income. It then projects how many years until the debt is repaid, factoring in annual indexation, income growth, and any voluntary repayments.
Frequently Asked Questions
When do HELP repayments start?
Compulsory repayments begin when your repayment income exceeds $54,435 (2025-26). Below this threshold, you make no compulsory repayment. Repayment income includes taxable income, net rental losses, fringe benefits, and reportable super contributions.
What are the HELP repayment rates?
For 2025-26, rates start at 1% for income $54,435-$62,850 and increase through multiple brackets up to 10% for income above $151,201. The rate applies to your entire repayment income, not just the amount above the threshold.
Is HELP debt indexed?
Yes. HELP debts are indexed on 1 June each year by the lower of CPI or the Wage Price Index, capped at CPI. For 2024, indexation was capped at 4.0% after the government introduced the cap. Voluntary repayments made before 1 June reduce the balance before indexation is applied.
Does HELP debt affect my borrowing power?
Yes. Lenders factor in your compulsory HELP repayment as an ongoing commitment when assessing your borrowing capacity, effectively reducing the amount you can borrow for a home loan.
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