Personal Loan calculator

Login to get a personalised quote

  • Check different loan amounts and terms. 
  • Get your personalised rate, which won't change if you apply and are approved.
  • See how much your loan would cost.

It won't impact your credit score. 

Login to use our calculator Bank of Scotland loan application

Why choose us?

  • Quick and easy – get your decision in minutes. You’ll receive the money on the same day, if we approve your application between 9am and 8:30pm. 
  • Flexible – take up to two repayment holidays per year (depending on approval). 
  • No charge when you make extra payments. You can also pay off your loan early. We'll charge up to 58 days' interest for early settlement. 

Am I eligible?

To apply, you need to: 

  • live in the UK (not including Channel Islands and the Isle of Man) and be 18 or over. 
  • have held a Bank of Scotland current account for at least one month.
  • be employed or have a regular income, and not a full-time student. 
  • have a good credit score, with no history of bad credit such as County Court Judgements (CCJs) or bankruptcy. 
  • not be applying for any of these reasonsWe will not lend for - speculative purchases, for example: gambling, investments and share purchases, any illegal purposes, business related purposes, purchase/lease of land or property, either full or part purchase (including deposit) or for timeshares/holiday clubs.

Our at a glance calculator

If you're not ready to log in, you can use this quick at a glance calculator. This will only show you illustrative examples. The interest rate we may offer you could be different. To get your personalised rate, please log in and use our loan calculator in Internet Banking for a quote.



Representative Example:

You could borrow £10,000 over 48 months with 48 monthly repayments of £237.16. Total amount repayable will be £11,383.68. Representative 6.7% APR, annual interest rate (fixed) 6.5%.

 This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years. Other terms and loan amounts are available at different rates. The maximum APR you could be offered is 29.9% APR.

 The representative APR is the rate that at least 51% of people are expected to receive when taking out a loan within the stated amount and term range.