Student debt tools

HECS/HELP Repayment Calculator

See exactly how long it takes to pay off your HELP debt, how much indexation costs you, and what impact it has on your take-home pay.

Your Details

Current HELP debt balance $25,000

$1k$150k

Gross annual income $75,000

$30k$300k

Expected annual salary growth 3.0%

0%5%

Voluntary repayments / month $0

$0$2,000

Repayment rate (2025–26) —

Mandatory annual repayment —

Repayment per fortnight —

Note: Uses 2025–26 ATO HELP repayment thresholds. Indexation applied at 3.5% p.a. on June 1 each year. Salary growth and indexation are projections only. Not financial advice — consult a registered adviser.

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years to pay off your HELP debt

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Total paid

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Indexation cost

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Original debt

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Extra paid (indexation)

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less per fortnight in your pocket

That is per year:

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Debt balance over time

Remaining balance

Cumulative indexation

😱 What indexation costs you

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💡 Slide the voluntary repayments above to see how much sooner you can clear your HELP debt.

Annual repayment schedule

Year	Income	Rate	Mandatory	Voluntary	Indexation	Balance