If you are coming to the end of your mortgage, credit card or loan payment holiday, we will contact you before it ends, there is no need to call us. You can use our coronavirus support tool to find the right solution for your needs and confirm what you would like to do in a few simple steps.

Loan Calculator

Are you thinking of buying a new car, doing a spot of DIY or tidying up your borrowing but you are not sure how much to borrow? Use our Personal Loan calculator to help you.

Our loan calculator gives you an idea of monthly payments and APR. To get your personalised rate apply here. This won’t affect your credit score.

The rate you are offered may be different to the rate shown in the loan calculator. That's because it's based on your personal circumstances, how much you want to borrow and how long you want to pay it back.

To borrow more than £25,000, you must have held a Halifax bank account for at least one month.


Representative example

You could borrow £10,000 over 48 months with 48 monthly repayments of £223.32. Total amount repayable will be £10,719.36. Representative 3.5% APR, annual interest rate (fixed) 3.45%.

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.

Apply now

You can apply below by selecting the correct option based on whether or not you have a Halifax current account.

I have a Halifax Current Account


  • You can apply for up to £35,000
  • It takes about 1 minute to get your quote in Online Banking
  • Get your quote with no credit searches
  • If you’re approved, you could have the money in your Halifax current account in minutes.
Continue to application

I don’t have a Halifax Current Account

  • You can apply for up to £25,000
  • It takes about 10 minutes to apply online and get a decision
  • If we approve your loan you should have the money in your account within 24 hours. In some cases it may take a bit longer to have the money in your account - but no more than 5 working days. 
Continue to applicationfor a personal loan

Loans FAQs

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

  • 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.

  • 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.