Student Loan Overpayment

SDurling4

Hi everyone, 

This may have been asked/answered before so apologies for that. 

I currently have a student loan of £64,000 consisting of £52,000 undergraduate and £12,000 postgraduate having graduated in 2016. My loan will therefore be wiped out in 2046. I am in a career whereby I have the potential to be a high earner and currently earn more than £40,000 a year. As such I am paying around £250 a month with the interest accruing at around £360 a month. Therefore the capital is still increasing. I have savings in the region of £25,000 in shares and am considering paying off a lump sum of the capital to reduce the interest accruing as I forecast that whilst I will not pay off the loan in full with the standard repayments I will average out as paying an average of £400 a month between now and 2046 (coming to a rough total of £110,000 and therefore more than £40,000 more than paying the loan in full with my savings and accelerated repayments over the next couple of years. 

Has anyone been in this position whereby they won't repay the loan in full but will actually pay more than the capital before the loan is wiped simply due to the interest accruing at a rate of 3% above RPI? If so, what did you do? And do you regret doping it? Also any professional advice would be useful. I have approached financial advisors but they don't seem to have answers. 

Thanks

silvercar

It all depends on whether the £25,000 could be better used elsewhere eg house deposit/ pensions/ investments. As once repaid you don't get it back.