Monthly IVA Payment Calculator
Your Monthly IVA Payment
Disposable Income-
Monthly IVA Payment-
Total Repaid-
IP Fees (~25%)-
Debt Written Off-
% Written Off-
Typical Monthly IVA Payments 2025/26
| Debt Level | Typical Monthly | 5yr Total | Approx Written Off |
|---|---|---|---|
| £8,000 | £80–£120 | £4,800–£7,200 | 10–40% |
| £15,000 | £100–£180 | £6,000–£10,800 | 28–60% |
| £25,000 | £150–£280 | £9,000–£16,800 | 33–64% |
| £50,000 | £200–£400 | £12,000–£24,000 | 52–76% |
| £80,000 | £300–£500 | £18,000–£30,000 | 62–77% |
Payments depend on your disposable income, not just debt level. IP fees are typically deducted from your payments.
IVA Payment Key Facts
Min Payment
£80/mo
Avg Payment
£180/mo
IP Fee Rate
~25%
Standard Term
60 months
Extended Term
72 months
Creditor Vote
75%+ needed
How to Use This Calculator
1
Enter your total unsecured debt
Add all credit cards, loans, overdrafts and store cards. Exclude mortgage and secured debts.
2
Enter your number of creditors
IVAs require at least 2 creditors. More creditors may affect the voting threshold.
3
Input monthly income and expenses
Enter take-home pay and essential living costs. The difference is your disposable income.
4
Select IVA term
Choose 5 or 6 years. Longer terms reduce monthly payments but increase total repaid.
5
Review your payment estimate
See your monthly payment, total cost, IP fees and how much debt would be written off.
Frequently Asked Questions
What is the minimum monthly IVA payment?
Most IVA providers require a minimum monthly payment of around £80–£100. Below this level, the fees make an IVA uneconomic and a Debt Relief Order (DRO) may be more suitable.
Can my IVA payment change?
Yes. IVA payments are reviewed annually. If your income increases by more than 10%, your payments will likely increase. If your income drops, you can request a payment break or reduction, though this may extend the term.
What happens if I miss an IVA payment?
Missing payments can put your IVA at risk of failure. Most IPs allow occasional payment holidays (typically up to 3 months over the term), but consistent missed payments may result in the IVA being terminated, leaving you liable for the original debt.
Are IVA fees included in my payment?
Yes. IP fees are taken from your monthly payments, not charged additionally. Typically around 25% of your total payments go toward fees, with the remainder distributed to creditors.
How is my IVA payment calculated?
Your payment is based on your disposable income — monthly take-home pay minus essential living expenses (using the Standard Financial Statement guidelines). Around 85–95% of your surplus income goes to the IVA.
Can I pay off my IVA early?
Yes, you can make a lump-sum offer to settle your IVA early. This requires creditor approval. Early settlement offers are typically 25–50% of the remaining balance, but each case is negotiated individually.
Official Sources & References
Data verified against official UK government sources. Last checked April 2026.