NatWest Loan Calculator

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Whatever the reason you are considering taking out a loan one of the first things you probably want to know is how much your repayments are going to be. If you have been thinking about getting a Natwest personal loan you can use the Natwest Loan Calculator to get an idea of how much your repayment would be based on the amount you want to borrow and the duration of your desired repayment period. However the actual APR you get may be different from the Natwest loan calculator, this is because lenders take into consideration you credit score and other financial circumstances when calculating your actual interest rates.

NatWest personal loan features:

• Borrow between £1,000 and £25,000

• Repayment options between 1-7 years, depending on amount borrowed

Your financial circumstances will also affect how much a lender is willing to loan you, just because the maximum Natwest will offer on their personal loan is £25,000 that does not necessarily mean you would be able to borrow that much.

Make sure you get the best deal

Loans like credit cards, current accounts and other financial products have a tendency to vary greatly both between lenders and plans. As they are generally a long term commitment it is important to get the best deal you can. Remember that because of the diverse range of loans with different terms, conditions and interest rates that the right plan for one person is not always the best plan for everyone else, it depends on your own personal needs from a loan.

You can use the calculator tool on this website to compare over 200 different loans from 20 different lenders to see some of the different plans you may be able to take out.

Things to think about

Before you apply for a loan you should make sure there are no other options that may be better, for example if you have any savings it could be better to use them. This is because the interest rates you would be paying on a loan may be higher than the interest rates you earn from your savings.

There are also other types of borrowing than loans such as authorised overdrafts and credit cards you might want to think about.

If the reason you want a loan is to consolidate already existing debt then you should understand that by spreading your payments over a longer term you may ultimately be paying back more than you would if you stayed with your current arrangements, even if the interest rates on the new loan are less than what you are currently paying.