Loan calculator

• Get a fast personalised quotation with a competitive APR without impacting your credit score 
• Added flexibility with up to two non-consecutive, one-month repayment holidays every 12 months*

* Repayment holidays are subject to approval. If you do decide to take a repayment holiday, interest will continue to be charged and the length of your loan will increase, meaning you’ll pay more interest.

Find out more about our loans, including fees and charges, by visiting our FAQs page

If you’re wondering whether you should commit to a loan, our loan calculator can give an idea of what your monthly repayments will look like, as well as how much interest you could end up paying. 

Simply tell us how much you need to borrow and how long you plan to pay it back over.  

If you apply for a loan, we will need to assess your financial circumstances. This could affect the interest charged on the loan, as well as the amount of the monthly repayments.

Our personal loans can be used for several reasons. These include: 

• Car loans 

• Debt consolidation

• Wedding loans

• Home improvements

However, we do not accept loan applications for: 

• Speculative ventures e.g. share purchase or gambling  

• Illegal purposes, e.g. drug related activities or racketeering  

• Business purposes  

• Refinancing of a loan arranged through the Student Loans Company  

• Purchasing or putting down a deposit on a property, timeshare or land  

• Retaining property rights (e.g. to repay an existing mortgage in full or to pay ground rent or service charges)  

• Savings  

• Paying household bills 

How much you can borrow will depend on the type of loan you apply for, as well as your personal circumstances. 

We provide: 

• Unsecured loans from £300 to £999, over 3-12 month loan terms 

• £1,000 to £25,000, over 1-7 year loan terms 

• £25,000 to £50,000, over 1-5 year loan terms

To qualify for a TSB loan, you will need to be a UK resident. If you are aged 18 or over, you can apply in branch or by calling us on 0345 835 3861. You can also apply online if you are over 21.

You can withdraw from your loan agreement in the first 14 days, starting on the day after the loan agreement.  

However, you must repay the total loan amount (the amount we paid into your account), as well as the daily interest charge, no later than 30 calendar days after notifying us of your withdrawal. This information can be found on the loan agreement. 

If you want to talk to us about withdrawing from your loan more than 14 days after you've signed your loan agreement, please call us on 0800 111 4166 or visit your local branch. 

We have a range of options available if you are struggling to make the monthly repayments for the loan, such as a payment holiday. Find out more about taking a Loan Repayment Holiday. 

You can repay your loan early at any time in full or part. We may charge you up to 58 days interest on any full settlement.

If you make any additional payments, we will use these to partially settle your loan. This means that you will continue to make your normal monthly payments, but the number of repayments and the amount of your final repayment may change.