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Loan calculator

Not sure how much to borrow? Our loan calculator can help you get a quick idea of what your repayments could be.

Start your quote for a personalised rate

The best way to check what your loan would look like is to get a quote. You'll see how much it would cost and how likely we are you approve you.

Answer a couple of questions so we can find the right options for you.

Do you have a current account with Halifax? 

Are you registered for Online Banking? 

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Get your personalised quote 
 
You could borrow between £1,000 and £50,000 over 1 to 7 years. Sign in to Online Banking and answer a few questions. You can: 
 
  • find out if you're likely to be approved
  • get your personalised quote 
  • have an answer in minutes. 

It won't affect your credit score. 

You'll receive your money straight away if you apply and are approved between 9am and 8:30pm.

Sign in to get your quote

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Check if you're eligible to apply
 
You could borrow between £1,000 and £25,000 over 1 to 7 years. Answer a few questions and you can: 
 
  • find out if you're pre-approved
  • get a personalised rate if you're pre-approved    
  • have an answer in minutes.

It won't affect your credit score. 

You'll receive your money within 2 hours if you apply and are approved between 9am and 8:30pm.

Check your eligibility now

Go back
Check if you're eligible to apply
 
You could borrow between £1,000 and £25,000 over 1 to 7 years. Answer a few questions and you can: 
 
  • find out if you're pre-approved
  • get a personalised rate if you're pre-approved 
  • have an answer in minutes.

It won't affect your credit score. 

You'll receive your money straight away if you apply and are approved between 9am and 8:30pm.

Check your eligibility now

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Our at a glance calculator

Don't have time to get a quote today? You can use this calculator to get a quick, illustrative example of how much a loan could cost.

This won’t tell you your rate. To see your rate, get a quote.

£

Representative example

You could borrow £10,000 over 48 months with 48 monthly repayments of £236.73. Total amount repayable will be £11,363.04. Representative 6.6% APR, Annual interest rate (fixed) 6.41%.

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.

Ready to get started?

Jump back up to our quote tool, so that we can start building your loan.

Use our tool to get started

FAQs 

  • You can enter how much you would like to borrow and over how long you would like to pay it back. Or you can use the sliders to increase or decrease the amount and the number of months.

    You’ll then see an example of how much you need to pay each month and the total cost of the loan, based on this illustrative APR. When you apply, you'll get a rate which is based on your personal circumstances and so may be different to the APR shown in the loan calculator.

  • Use our budget calculator to find out how much money you can afford to borrow.

  • APR (annual percentage rate) gives you an idea of the total cost of a loan and is a good way of comparing loans. This is shown as a percentage and includes any interest and fees that are charged to your account.

    Everyone receives a personalised APR when they apply.

  • The rate shown on our loan calculator is for illustrative purposes only. When you apply, we will give you a personalised quote based on a number of factors, including:

    • 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.