Loan calculator

Not sure how much your repayments could be? Use our handy loan calculator to find out.

Log on to use our personalised loan calculator

  • 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.

This won't impact your credit score.

Log on to use our calculator

If you don't use Internet Banking, you can register now.

Why choose Lloyds Bank?

  • Quick and easy – get your decision in minutes and your money will be paid in to your bank account on the same day, if your application is approved between 9am 8:30pm. Otherwise you will receive your funds at 9am on the next working day. 
  • Flexible – take up to two repayment holidays of one month in a rolling 12 month period (subject to application) and make additional payments with no extra charge. You can also pay off your loan early - just be aware, we will charge up to 58 days’ interest for early settlement.

Am I eligible?

To apply, you need to: 

  • be aged 18 or older. 
  • be a UK resident (excluding the Channel Islands and the Isle of Man). 
  • have held a Lloyds Bank current account for at least one month. 
  • be in paid employment or have a regular income, and are 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 reasons.

Our at a glance calculator

If you're not ready to log on, 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 on 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 APRRepresentative APRThe 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. 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.

Ways to apply for the Personal Loan

To apply for a Personal Loan you must be over 18 years old, be a UK resident and have held a Lloyds Bank current account for at least one month.

How much we lend you and the rate we give you are subject to our assessment of your circumstances.

Apply online

Log on to Internet Banking to get a personalised quote. It takes around one minute, and in the majority of cases we'll tell you how much you can borrow and if you're likely to be approved before you apply.

This wont impact your credit scoreYour credit score helps lenders get an idea of your credit history and your track record with paying bills, credit cards and loans on time. Missing payments or defaulting on loans, borrowing or bills is likely to result in a lower score. When you apply for a loan or credit card, financial institutions look at your credit score to see how risky the deal would be for them. This helps them decide whether to offer you credit or a loan and what kind of interest rate and terms you will receive..

If you then apply for a loan, we could give you a decision in around five minutes.

Log on to get a quote

Not registered for Internet Banking yet? Register now

Apply over the phone

If you hold a Lloyds Bank Current Account, call us on 0330 123 3890.

If you have a credit card, mortgage or existing loan with us, call us on 0330 123 4715.

Lines are open 8am–10pm seven days a week.

Apply in branch

Your local branch will be happy to help you apply for our Loan. We'll usually be able to give you an answer and transfer the money into your account the same day.

Find your nearest branch

Loan FAQs

  • Our loan calculator helps you work out how much you could afford to borrow and what your monthly repayments could be.

    Enter in how much you would like to borrow and over how long you’d like to repay it. You will then be shown an example of how much your monthly repayments could be and the total repayable amount based on an illustrative APR.

    Changing the amount you want to borrow and the term of the loan will automatically change the example repayments and illustrative APR shown by the calculator.

    Please note: when you apply you may be offered a different APR based on your personal circumstances.

  • When you apply, there are several factors we take into account when we calculate your personalised loan rate (APR). These include:

    • your credit repayment history
    • your past account history
    • how much you want to borrow
    • how long you want to repay the loan over
    • other personal details held on our records.