Halifax loan calculator

What is Halifax?

A division of the Bank of Scotland (which is itself part of the Lloyds Banking Group), Halifax offers personal loans to new and existing customers. There’s also the option for Halifax current account holders to borrow more. When you apply online, Halifax states that you could get a decision within minutes.

Calculate the cost of a Halifax loan

Table: sorted by representative APR, promoted deals first

1 - 2 of 2

Product	Finder Score	Total Payable	Monthly Repayment	Representative APR
Halifax Personal Loan	Finder score 6.8Standard				Representative example: Borrow £10,000.00 over 3 years at a rate of 6.7% p.a. (fixed). Representative APR 6.7% and total payable £11,034.00 in monthly repayments of £306.50.	View details Compare	loading Fetching your data...
Halifax Existing Customer Personal Loan	Finder score 7.4Great				Representative example: Borrow £10,000.00 over 3 years at a rate of 6.7% p.a. (fixed). Representative APR 6.7% and total payable £11,034.00 in monthly repayments of £306.50.	View details Compare	loading Fetching your data...

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Finder Score for unsecured loans

To make comparing even easier we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.

Read the full methodology

Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

Late repayments can cause you serious money problems. See our debt help guides.

Our Halifax loan calculator lets you pick how much you want to borrow over a timeframe that suits you, to estimate how much you would pay back each month and overall. We base our calculations on Halifax’s representative APR, but it’s important to note that credit is subject to status, and your circumstances may affect the rate you’re offered.
With Halifax loans you can request up to two repayment holidays a year. This can be handy, but it pushes up the overall cost of borrowing. We’ve based the calculations below on the assumption that you won’t use the repayment holidays.

How do Halifax loans compare against the competition?

Table: sorted by representative APR, promoted deals first

Before you take out a personal loan, it’s important to read up and shop around. You can use the table below to see how much you’d be likely to pay for the loan you have in mind.

1 - 5 of 20

Product	Finder Score
Novuna Personal Loan	Finder score 6.4Standard	Representative example: Borrow £10,000.00 over 3 years at a rate of 6.5% p.a. (fixed). Representative APR 6.5% and total payable £11,003.04 in monthly repayments of £305.64.	Check eligibility View details Compare	loading Fetching your data...
My Community Bank Personal Loan	Finder score 6.6Standard	Representative example: Borrow £5,000 over 48 months at a rate of 24.2% pa (fixed). Representative APR 27.1% and total payable £7,853.87 in monthly repayments of £163.62.	Check eligibility View details Compare	loading Fetching your data...
Barclays Existing Current Account Loan	Finder score 5.9Standard	Representative example: Borrow £10,000.00 over 3 years at a rate of 6.5% p.a. (fixed). Representative APR 6.5% and total payable £11,003.04 in monthly repayments of £305.64.	View details Compare	loading Fetching your data...
Halifax Personal Loan	Finder score 6.8Standard	Representative example: Borrow £10,000.00 over 3 years at a rate of 6.7% p.a. (fixed). Representative APR 6.7% and total payable £11,034.00 in monthly repayments of £306.50.	View details Compare	loading Fetching your data...
Halifax Existing Customer Personal Loan	Finder score 7.4Great	Representative example: Borrow £10,000.00 over 3 years at a rate of 6.7% p.a. (fixed). Representative APR 6.7% and total payable £11,034.00 in monthly repayments of £306.50.	View details Compare	loading Fetching your data...

loading

Finder Score for unsecured loans

To make comparing even easier we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.

Read the full methodology

Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Thank you for your feedback!

Written by

Chris Lilly

Head of publishing

Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

Chris's expertise

Chris has written 582 Finder guides across topics including:

Loans & credit cards
Building credit
Financial health
Share trading

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Halifax loan calculator

Use our Halifax loan calculator to work out how much you'll pay back on a Halifax personal loan, and the size of your repayments

What is Halifax?

Calculate the cost of a Halifax loan

Finder Score for unsecured loans

How our calculator works

How do Halifax loans compare against the competition?

Finder Score for unsecured loans

Chris Lilly

More guides on Finder

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