HELP/HECS Debt Calculators

Free HELP/HECS calculators: estimate repayments, see your payoff timeline, check your threshold rate, and compare voluntary repayment vs investing.

HECS-HELP Repayment Calculator

Calculate your compulsory HECS-HELP repayment for 2025-26 and 2026-27 — marginal rates, thresholds, and CPI-indexed projections.

HELP Debt Payoff Timeline

See how many years until your HELP debt is repaid — includes CPI indexation, compulsory repayments, and voluntary extras.

HELP Income Threshold Calculator

Check your compulsory HELP repayment rate and annual repayment amount based on your income.

HELP Voluntary vs Invest Calculator

Compare paying down your HELP debt faster against investing the same money. See which wins.

Common questions

How is HELP debt indexed?

HELP debt is indexed to CPI on 1 June each year. This means your debt grows with inflation. Voluntary repayments made before 1 June reduce the balance that gets indexed.

When do I have to start repaying HELP?

Compulsory repayments begin when your repayment income exceeds the minimum threshold (currently $67,000 for 2025-26). From 2025-26 the repayment is marginal — 15% of income above $67,000, rising to 17% above $125,000, and capped at a flat 10% of total income from $179,286.

Should I pay off HELP or invest?

HELP is the cheapest debt you'll ever have — it only grows with CPI, not interest. If you can earn more than CPI plus a margin investing, investing may win. But paying off HELP gives certainty and improved cash flow.