HELP/HECS Debt Calculators
HELP/HECS Debt Calculators
Free HELP/HECS debt calculators: see your repayment timeline, check your income threshold rate, and compare voluntary repayment vs investing.
HELP Debt Repayment Calculator
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 $54,435 for 2025-26). The repayment rate starts at 1% and rises to 10% at higher incomes.
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.