Loan calculator

Using our online loan calculator will not impact your credit score. We will only conduct a hard credit check when you fill out an application form. For more information, check out our personal loan FAQs.

Your loan APR will be calculated at the point of application once we know more about your personal circumstances and credit history — as well as the amount you’d like to borrow and over how long.

APR, which stands for Annual Percentage Rate, is determined by the interest rate and any additional charges you’ll pay when taking out a personal loan. As we don’t charge any fees, the APR and interest rate will be the same when you take out a loan with us.

Find out more about the difference between APR and interest rate here.

The advertised rate, sometimes known as a headline rate or Representative APR, is the rate that is given to at least 51% of customers.

You are more likely to be given the advertised rate if you have a good credit history and meet our loan eligibility requirements.

Our online loan calculator provides a quote based on representative APR, which is the rate that is given to the majority of our customers. Your personalised rate may differ once you’ve filled out an application form and told us a little more about your personal circumstance, loan amount and term.

To get a personal rate, fill out an application form or contact our Loans team on 0343 351 9112. Please be aware that, to assess your creditworthiness, we will need to conduct a credit check for each application you complete.

With Novuna Personal Finance, you can borrow from £1,000 and £35,000.

Whatever your goals, we're here to help you make them happen. A small £5,000 loan could be ideal if you're planning a special purchase, such as an engagement ring or a new watch. If you're undertaking a slightly bigger project, such as home renovations or a van conversion, a £10k loan could be a good option. You can apply for a larger loan of £25,000 or even £35,000 to help you achieve your dreams too.

The amount you can borrow may depend on the loan term, your financial circumstances and credit history. Read our guide on how much you can borrow with a personal loan to find out more. 

Yes. Novuna Personal Finance offers unsecured personal loans, allowing you to spread the cost of a big purchase without needing to put up a valuable asset such as a house or car as collateral.

For more information, read our guide on the difference between unsecured and secured loans.

Our loan calculator generates results based on the advertised interest rate, which changes based on loan amount.

The majority of customers will receive the advertised rate, but the APR you’re offered may differ at the point of application based on personal circumstances, loan amount and term.

Monthly loan payment is calculated by dividing the total amount payable (which includes interest) by the number of months it’ll take to pay off your loan.

If you’re ready to achieve your dreams, our calculator will give you an idea of how much interest you’ll pay overall to get you the cash you need sooner.