Personal Loan calculator
Our Personal Loan calculator will help you gain a better understanding of how much you could borrow and how much your repayments might be. Whilst this calculator will give an indication of monthly payments and APR, you can find out your personalised rate by logging in to Internet Banking.
In the majority of cases we’ll tell you how much you could borrow and if you’re likely to be approved when you get your quote. This wont impact your Credit scoreYour history with credit is summarised into your credit score. Having a long history of paying your loans, bills and credit cards on time means you’re more likely to have a high credit score. Missing payments or defaulting on loans, borrowing and bills is likely to result in a lower score. When you apply for a loan or credit card, the financial institution will look at your credit score to see how risky the deal would be for them. They use this information to help decide whether to offer you credit, and if so, what kind of interest rate and terms you'll receive..
The rate you're offered may differ from the illustrative APR shown – and will be based on your personal circumstances, the loan amount and the repayment term.
You could borrow £10,000 over 48 months with 48 monthly repayments of £229.36. The total amount repayable will be £11,009.17. Representative 4.9% APR, Annual interest rate (fixed) 4.79%.
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.