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Rates and details

Personal Loan rates and details

All the detail you need to know about Nationwide Personal Loans from £1,000 to £25,000 from 1 to 5 years for our main current account customers and all other customers.

All unsecured loans are subject to status and are available to UK residents aged 18 to 79 only. In order to be eligible to apply for a Nationwide Personal Loan, you will need to have a net monthly income of £700+. Nationwide Personal Loans cannot be used for business, investment or speculative purposes, as a bridging loan or a mortgage deposit or to purchase or retain an interest in land.

Representative Example

3.4% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 3.4% p.a. (fixed). Monthly repayment £181.24. Total amount payable £10,874.40.

Loans Summary Box

Key information for our Personal Loan
Key information for our Personal Loan from £1,000 up to £25,000 for up to 5 years for our main current account customers and all other customers
Representative APR

3.4% APR Representative (fixed) for our main current account customers*. If your application is successful, the interest rate you pay is based upon your personal circumstances, the time period over which the loan is repaid, and the amount you choose to borrow.

Interest rate ranges for 1-5 years

Main current account customers will get a rate that is at least 1% APR lower compared to any of our other customers, when you take a loan with us.

Interest charging information
Interest charging information
Type of interest on my loan? Fixed rate
Basis of interest calculation? Daily in arrears
Repayment information
Repayment information
What is the method and frequency of repayment? Monthly by Direct Debit
When is my first monthly payment due? 1 month after loan issue
Can I take a payment holiday? No
Can I defer the payments at the start of my loan? No
Repayment period
Repayment period Loans are available between 1 and 7 years
Amount of loan available Loans are available from £1,000 to £25,000 in £50 multiples
Application/Arrangement fee None
Other fees None
Default fees None
Early settlement You can at any time repay the full amount outstanding under your agreement. If you want to do this please contact us on 0800 545 3000 and we will give you your settlement quote along with your options on how to make payment.

What can you afford?

Before applying for a Loan it's important you take into account your individual budget and what you can afford to pay back each month. For help planning your budget, you may want to use our handy budget calculator. 

Looking for a loan for more than 5 years?

If you need a Personal Loan for longer than 5 years, you'll need to provide us with a few details so that we can give you a personalised loan quote. Please click apply now (or retrieve a quote you've started) to begin the online application. You'll be offered a no-obligation personal loan quote that won't affect your credit rating. 

Take out a Nationwide Personal Loan today

If you have any questions about an application you have already made online, please call 0800 30 20 10 and select option 5.

Apply online