HECS/HELP Repayment Calculator
See your annual repayment amount, how many years until your debt is paid off, and what repayment rate applies to your income.
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Managing HECS and saving for a deposit?
A Lending Specialist can help you plan your home buying journey around your HECS commitments. You can also check our first home buyer stamp duty guide to estimate another big upfront cost before you buy.
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A Lending Specialist can help you plan your home buying journey around your HECS commitments. You can also check our first home buyer stamp duty guide to estimate another big upfront cost before you buy.
2024–25 Repayment Thresholds
Repayments are compulsory once your income exceeds the minimum threshold. You pay a percentage of your whole income, not just the amount above the threshold.
Your HECS debt is indexed each year on 1 June by CPI. This calculator does not include indexation — your actual payoff date may vary.