Danske Bank loan calculator

Use our Danske Bank loan calculator to evaluate how much you'd pay back on a fixed-rate, unsecured Danske Bank personal loan as an existing customer (which you'll need to be, in order to apply). Loan amounts between £1,000 and £25,000 with rates starting from 7.4%.

Calculate costs Learn more
No reviews yet. Write a review
Chris Lilly's headshot

By

Chris Lilly

Updated

Fact checked
Danske Bank

Contemplating the holiday of a lifetime, or perhaps a new car? A flexible, fixed-rate loan from Danske Bank allows you to spread the cost. It’s straightforward to start an application online at the Danske Bank site, but you will need to go into a branch or speak to an advisor on the phone to complete the process.

Table: sorted by representative APR, promoted deals first
1 of 1 result
Calculate the cost of a Danske Bank loan
£
months
Finder Score Loan amounts Loan terms Fee Repayments
Danske Bank logo
6.6Standard
Danske Bank Personal Loan
6.6Standard
£1,000 - £25,000
1 year - 5 years
0%
£309.50 (£11,142.15 overall)
Representative Example: Representative 7.4% APR fixed. Based on a loan of £10,000 for 36 months at 7.4% p.a. Total £11,142.15 repayable at £309.5 per month.
Representative Example: Representative 7.7% APR fixed. Based on a loan of £5,000 for 36 months at 7.7% p.a. Total £5,594.4 repayable at £155.4 per month.
View details
Compare product selection
loading
Showing 1 of 1 result

Finder Score for unsecured loans

To make it even easier to compare and evaluate unsecured loans 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.

How do Danske Bank loans compare against the competition?

See today's rates from across the personal loan market.

Compare rates

Danske Bank loan rates at a glance

The Danske Bank Personal Loan charges 7.4% APR representative on loans between £10,000 and £25,000. Danske Bank offers the unsecured personal loan with repayment terms between 1 year and 5 years, and applicants can apply to borrow from £1,000 to £25,000.

Key features of a Danske Bank loan

Loan typeUnsecured Personal Loan
Loan amounts£1,000 to £25,000
Loan terms1 year to 5 years
Loan rate typefixed
Fee0%
Same-day funding available
Same-day funding noteBranch applications only.
Instant decisions in most cases
Soft-search facility available
Joint applications
Overpay without penalty
Concurrent loans allowed
Topping-up pays off existing loan and initiates a new loan
Repayment methodsDirect debit

Who is Danske Bank?

Danske Bank, a trading name of Northern Bank, is one of the major banks in Northern Ireland. With headquarters in Copenhagen, it is the largest bank in Denmark and one of the leading financial enterprises in northern Europe.

Danske Bank stipulates that personal loan repayments must be made from a Danske Bank current account. If you’re a Danske Freedom, Choice or Prestige account customer, you may get a better rate. Unlike many personal loan providers, Danske Bank allows you to make a single or joint application with a partner or family member.

APR and Representative APR explained

The Annual Percentage Rate (APR) is a summary of the yearly cost of a loan. It takes into account both interest and any unavoidable charges you'll need to pay (for example an arrangement/product fee) over the duration of a loan. Because Danske Bank doesn't charge an arrangement fee, its APR comprises just the interest rate – and so they're one and the same.

However, the vast majority of lenders tailor rates (and therefore APRs) to the individual applicant. If they think you're a riskier bet, they'll offset that by offering you a higher APR. The "representative APR" (as defined by the Financial Conduct Authority) is what Danske Bank gives to at least 51% of those who take out the loan. The other 49% could pay more. Danske Bank must calculate APR in the same way as other lenders, and must tell you your personal APR before you sign a loan agreement.

Danske Bank advertises a representative APR of 7.4% on loans between £10,000 and £25,000 on the Danske Bank Personal Loan.

How do I apply?

You will need to log in to your Danske Bank online banking account to fill out an application form. Select how much you would like to borrow and over what term.

You will also be required to provide personal, banking, income and expenditure details. To complete the application, you will need to either go into a branch or speak to an advisor on the phone. You can request an appointment or a callback using a form on the bank’s website.

Danske Bank customer reviews

Danske Bank has received average reviews from customers, according to review platform Trustpilot. It currently has a rating of 4.5 out of 5, based on more than 16,500 reviews (updated May 2024). Some customers reported a slow application process and poor customer service.

Customer support

For personal banking queries, you can call Danske Bank on 0345 600 2882, or alternatively you can use the online chatbot found on their website.

Frequently asked questions

Our “Best for” picks highlight top options in specific categories based on our independent evaluation (see our full methodology), while “Promoted” tags indicate sponsored placements. Selected products may not suit everyone. We track selected market offers, which may not cover every product. Products are listed in no particular order unless specified, and inclusion or ordering may be influenced by popularity or commercial agreements. Most comparison table data is provided by Defaqto or sourced directly from providers. Always evaluate your own circumstances and consider independent advice before making major financial decisions.
Chris Lilly's headshot
Written by

Head of publishing
Add to Preferred Sources

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 502 Finder guides across topics including:
  • Loans & credit cards
  • Building credit
  • Financial health
  • Share trading
More resources on Finder

Go to site