HECS-HELP Repayment Calculator 2026–27
Estimate your HECS-HELP compulsory repayment for 2026–27 with the new marginal thresholds, and how many years it takes to repay the debt with indexation.
| Year | Income | Repayment | Debt left |
|---|
2026–27 repayment thresholds from the ATO: nothing up to $69,528, 15c for each $1 above it, $9,028 plus 17c above $129,717 and 10% of all income from $186,051. The debt is indexed on 1 June by the lower of CPI and the wage price index; type the rate you expect.
What it does
HECS-HELP and other study loans are repaid through the tax system once your repayment income passes the threshold. Since 2025–26 the repayment is worked out only on the income above the threshold, at marginal rates. The calculator shows this year's repayment and projects the years until the debt is gone.
How to use it
- Type your HELP debt and your repayment income for the year.
- Type the expected income growth, the indexation and any voluntary repayments.
- See the repayment, the years to repay and the table year by year.
The arithmetic runs in your browser. Nothing you type is sent anywhere and nothing is stored, so you can use these with real numbers.
Frequently asked questions
How much HECS will I repay in 2026–27?
Only on income above $69,528. With repayment income of $86,380 the repayment is 15% of $16,852: $2,527.80. With $137,064 it is $10,276.99.
How long will it take to repay my HECS debt?
A $30,000 debt on $86,380 of income, with 3% pay rises and 3% indexation, is repaid in about 9 years.
Should I make voluntary HECS repayments?
Extra payments cut the debt faster, but the debt has no interest beyond indexation, so paying down a mortgage or other debt first often saves more.
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