Loan calculator: how much will a personal loan cost?

Find out how much it might cost to borrow the money you need. Use our online loan calculator to get an idea of loan rates and how much your monthly payments might be.

Loan calculator

Choose how to calculate your loan repayments

Representative Example:

Monthly repayment


Interest rate

{value}% APR

Total amount payable


Loan amount


Loan Term

{value} months

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A loan of £7,500 over 5 years: rate of interest 7.4% (fixed), 7.4% APR Representative, monthly repayment of £149.09, total repayment of £8945.40

Remember, the rate you are offered may vary due to personal circumstances and loan amount, the majority of our customers receive the advertised rate. However, if you complete an application directly via the Novuna Personal Finance website and are given a higher APR, we guarantee that you'll never pay more than £236.39 per month with our maximum 32.7% APR Representative when you borrow £7,500 over 5 years*.

The maximum APR you could be offered when you borrow other loan values is 36.4%*. All loans are subject to status.

*Only for applications carried out directly via the Novuna Personal Finance website

What is an online loan calculator?

Our online loan calculator quickly and easily works out estimated loan repayments depending on the amount you need to borrow and over how long. Understand how much you might need to pay each month, including interest costs, and get a better idea of how affordable a personal loan is for you.

Receive the results in mere seconds with no need to pick up the phone or fill out lengthy paperwork. Tweak the loan amount or term to see the effect this could have on your estimated monthly repayments, or simply enter your monthly budget and we’ll tell you how much you could borrow.

Whether you’re looking to buy a new car, top up your wedding funds or finish off your latest home renovation project, our online calculator will show you different ways to spread the cost of your purchase.

How much can I borrow?

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

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.

Loan calculator FAQs

Looking for more information on our loans?

Personal Loans

Make it today, not one day. Whatever you need our low-rate personal loan for, with us you could borrow between £1,000 and £35,000 over 24 to 84 months.

Car Loans

Make it the car that’s made for your life journey. With our car finance, the money could be in your bank within 48 hours (excluding weekends and Bank Holidays).

Home Improvement Loans

Make it a place to love, not just to live. If you need help turning your house into your dream home, we can help with our low interest home improvement loans.

Small Loans

Make it a small loan that’s big on value. Borrow between £5,000 and £7,499, with one of the best rates on the market.