Your gross salary before tax
Retail Price Index (typically 3-5%)
Annual Income:
Threshold (Plan 2):
Income Above Threshold:
Your Interest Rate:
Annual Interest Charged:
Monthly Interest Charged:
How to Use Plan 2 Student Loan Sliding Scale Interest Math Calculator
Simply provide your gross annual salary and outstanding loan amount. The calculator computes your exact interest rate based on Plan 2’s sliding scale formula, showing how much interest accumulates monthly.