£7,000 personal loan: monthly payments by term and interest rate
A £7,000 personal loan costs between £114.33 and £613.71 a month at 9.9% APR, depending on the term. Pick a term below to see the full cost, or use the table to compare rates.
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Monthly payment on £7,000 by term and APR
Read across for the interest rate and down for the length of the loan.
£7,000 personal loan: monthly payment
| Term | 5.9% APR | 7.9% APR | 9.9% APR | 14.9% APR | 19.9% APR | 24.9% APR |
|---|---|---|---|---|---|---|
| 1 year | £601.65 | £607.71 | £613.71 | £628.41 | £642.72 | £656.65 |
| 2 years | £309.44 | £315.40 | £321.33 | £335.99 | £350.44 | £364.68 |
| 3 years | £212.15 | £218.15 | £224.16 | £239.14 | £254.07 | £268.93 |
| 4 years | £163.58 | £169.67 | £175.79 | £191.18 | £206.68 | £222.22 |
| 5 years | £134.51 | £140.69 | £146.94 | £162.77 | £178.85 | £195.09 |
| 7 years | £101.41 | £107.81 | £114.33 | £131.06 | £148.30 | £165.90 |
Fixed rate, equal monthly payments, no fees.
£7,000 over each term
Sources and further reading
Questions people ask
What is the cheapest way to borrow £7,000?
The cheapest loan has the lowest APR and the shortest term you can afford, with no arrangement fee. Compare several lenders using eligibility checkers that do not affect your credit score.
Results are estimates for information only, not financial advice. Read the full disclaimer.
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