UK Student Loan · Overpay or Invest

Should you overpay your student loan, or invest the cash instead?

Covers Plan 1, Plan 2, Plan 4 (Scotland), Plan 5 and the Postgraduate Loan, repaid through UK PAYE. Edit your numbers on the left, and everything else recalculates instantly.

Interest avoided by overpaying
Growth if invested instead
on top of what you put in
Loan gone by
Cost of overpaying, upfront
handed to the loan company

Balance and investment pot, year by year

Balance, minimum payments only Balance, with your overpayment Investment pot if you invest the difference

How the numbers stack up

Totals from now until the loan is gone, either way.

Full year-by-year workings