Annual Repayment (via PAYG)
A$0
Repayment Rate
0.0%
Monthly Equivalent
A$0
Estimated Years to Repay
50
HECS-HELP Repayment कैलकुलेटर — Annual करable Income A$17,500
With annual करable income of A$17,500, the annual repayment (via payg) is A$0.
Your repayment income (taxable income + reportable fringe benefits + investment losses)
Check your MyGov account for your current balance
CPI indexation applied each June. 2024-25 was 4.0%
Repayment Rate
2.5%
Annual Repayment (via PAYG)
AUD1,750
Monthly Equivalent
AUD146
Estimated Years to Repay
30
2025-26 HECS-HELP repayment thresholds. Repayments are made via your tax return or PAYG withholding. Debt is indexed to CPI each 1 June.
What is the HECS-HELP Repayment Calculator?
HECS-HELP is Australia's income-contingent student loan scheme. Unlike personal loans, there's no minimum repayment below the threshold — but once your repayment income (taxable income + reportable fringe benefits) exceeds $54,435 in 2025-26, a compulsory repayment rate kicks in via your PAYG withholding or tax return. Your debt is indexed to CPI each 1 June, so higher inflation can slow repayment.
Formula
Annual repayment = Repayment Income × Bracket Rate%. Remaining debt each year = Previous balance × (1 + CPI%) − Annual repayment.- I
- = Repayment income (taxable income + adjustments)
- r_bracket
- = HECS repayment rate for your income bracket
- CPI
- = Annual indexation rate (CPI)
How to use the HECS-HELP Repayment Calculator
- 1
Step 1
Enter your annual taxable income (find it on your group certificate or MyGov).
- 2
Step 2
Enter your current HECS-HELP debt balance from your MyGov account.
- 3
Step 3
Optionally adjust the indexation rate (default 4.0% based on recent CPI).
- 4
Step 4
Your repayment rate, annual amount, and years to repay will display instantly.
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Frequently asked questions
What is the minimum income to repay HECS in 2025-26?
The minimum repayment threshold for 2025-26 is $54,435. Below this income, no mandatory repayments apply. The threshold is indexed each year.
Does HECS affect my mortgage application?
Yes. Lenders count HECS repayments as a liability when assessing your borrowing capacity. A $30,000 HECS debt on a $75,000 salary reduces monthly take-home pay by roughly $219/month.
Should I pay off HECS early?
Voluntary repayments reduce your balance but there is no discount for early payment (the 10% discount was removed in 2017). You may get a better return investing the money, unless debt indexation is running above your investment return.
What income is used to calculate HECS repayments?
Your "repayment income" includes taxable income, reportable fringe benefits, reportable employer super contributions, and net investment losses. It is not simply your gross salary.
Is HECS debt wiped when you die?
Yes. HECS-HELP debt is not transferable and is cancelled upon the death of the borrower. It does not pass to your estate.
Sources
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