Your details
Enter your income and debt to calculate your repayment
Income
$
$
HECS repayments are based on your total repayment income (salary + investment income)
HECS / HELP Debt
$
CPI-based. 2023 was 7.1%, 2024 was 4.7%, 2025 is ~3.2% (estimated)
Voluntary repayments
Make extra voluntary repayments
Pay off debt faster — no minimum, no penalty
Salary growth (optional)
Used to project future repayments. Set to 0% for a conservative estimate.
2025–26 repayment
$—
calculating…
—%
Repayment rate
$—
Per month
$—
Indexation this year
$—
Net debt reduction
Debt-free year
— years remaining
—
💡 Good to know
- Repayments are compulsory once income exceeds $54,435
- Your employer withholds the amount via payroll
- No interest — only CPI indexation applied 1 June
- Voluntary repayments have no minimum or penalty