NatWest personal loans calculator

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NatWest loan calculator

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.

• How our calculator works

  Our calculator lets you pick how much you want to borrow, and see how much you’ll pay back. You can also get an idea of how NatWest’s rates stack up against other popular lenders’. We base our calculations on NatWest’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.

  NatWest offers a repayment holiday facility, which is handy, but because you continue to be charged interest during this time, it pushes up the overall cost of your loan. Our calculation also assumes that you don’t take a repayment break.

How do NatWest loans compare against the competition?

1 - 4 of 11

How much do you need to borrow?
£

15000

How long do you need to borrow for?

3

years

Sort by:

Product	Finder Score	Total Payable	Monthly Repayment	Representative APR
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 eligibilityView 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 eligibilityView 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 7.0% p.a. (fixed). Representative APR 7.0% and total payable £11,080.08 in monthly repayments of £307.78.	View details Compare	loading Fetching your data...
Plend personal loan	Finder score 6.6Standard				Representative example: Borrow £8,000 over 48 months at a rate of 16.66% p.a. (fixed). Representative APR 17.99% and total payable £11,013.12 in monthly repayments of £229.44.	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.

Our verdict

Our verdict

For a quick decision on eligibility and interest rates, NatWest's personal loan is tailored for existing customers with good or excellent credit. With instant decisions, same-day funding, competitive rates and fixed monthly repayments, NatWest could offer you a good financial solution. Important to note that rates vary per application.

Pros

• Competitive interest rates
• Fixed rate monthly repayments
• Quick decisions and same-day funding

Cons

• Existing customers only
• Penalty fee if you choose to overpay
• You'll need a good credit history for the lowest rates

Representative example: Borrow £10,000.00 over 3 years at a rate of 6.6% p.a. (fixed). Representative APR 6.6% and total payable £11,018.52 in monthly repayments of £306.07.

Maximum loan

£50,000

Product fee

N/A

Early redemption fee

Yes

NatWest loan rates for May 2025

• NatWest Personal Loan (existing customers):
  6.6% p.a. fixed interest rate with no fee, on loans of £10,000 over 3 years. Apply to borrow up to £50,000.

Quick overview of NatWest personal loans

Key features of NatWest personal loans

NatWest personal loans are unsecured, meaning you do not need to provide an asset as security against the loan. Instead, your rate will be based on your personal credit rating. While NatWest’s rates are normally competitive, the representative APR may not be the rate you’ll receive: NatWest will offer you a rate based on assessment of your personal financial circumstances.

Unfortunately, NatWest loans are only available to existing customers who have had another NatWest product for at least 3 to 6 months. However if that’s you, you could get approved for a loan online within minutes and receive your funds the following day if you use online banking.

If you’re getting a loan to make home improvements, you can choose a loan term up to ten years.

Am I eligible for a NatWest personal loan?

You should only apply for a NatWest personal loan if you’re certain you can make your repayments, and you meet the following criteria:

• You must be aged 18 or over.
• You must be a UK resident.
• You must have had either a NatWest current account for 3 months, or a NatWest credit card or mortgage for 6 months.
• You must not have been declared bankruptcy in the last 6 years.
• Your loan request must be for an acceptable purpose. Check online for NatWest’s unacceptable loan purposes.

How do I apply?

If you've decided that a personal loan from is right for you, you can head over to 's website to apply. Completing the secure online application form usually takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you'll need to make the process as straightforward as possible.

1. Start your application.
   Use NatWest’s “Quick Quote” tool to see if you’re likely to be approved for a loan, and what you’ll need to pay. You can then click “Ready to apply” to begin your loan application.
2. Get a decision.
   Once you’ve completed your application, you should find out if you’ve been approved within a couple of minutes.
3. Receive your funds.
   You’ll receive your funds the next day, provided you use NatWest online banking and apply before 5.55pm between Monday to Thursday.

NatWest customer reviews

In our independent 2025 customer satisfaction survey, 90% of NatWest’s users said they’d recommend the brand to a friend. Customers highlighted the bank’s good customer service and easy application process. Here’s what some of those NatWest customers had to say:

“It was a fast process, which talked through all the details and met my needs well.”

“Quick and easy to apply and money was available within a few days.”

Does NatWest offer debt consolidation loans?

NatWest personal loans can be used to consolidate debt, but the lender does not offer dedicated debt consolidation loans. As with a normal NatWest personal loan, you’ll need to have been a NatWest current account holder for at least three months to be eligible for a NatWest debt consolidation loan.

Customer support

You can call customer support on 0345 788 8444. Lines are open Monday to Friday 8am to 8pm, Saturday 9am to 3pm (excluding public holidays).

Frequently asked questions

• Who is NatWest?

  NatWest was founded in 1968 following the merger of National Provincial Bank and Westminster Bank, and is now part of the Royal Bank of Scotland Group – one of the “Big Four” UK banks.

• How long does it take?

  When you apply through your online banking during working hours Monday – Thursday, you’ll usually get an instant decision. Once you’ve been unconditionally accepted, you’ll receive the funds the next working day.

• What if I'm self-employed?

  Contractors, sole traders, company directors/owners, and those working under a partnership can still apply. You’ll need to provide two years of accounts or SA302 tax returns. Sometimes NatWest may require further supporting documents.

• Can I pay back the loan early?

  Yes. simply log in to online banking or phone NatWest (0345 366 5502) and request a final settlement figure. NatWest will contact you within one working day to tell you the final amount due and the next steps to making this final payment.

  It’s important to check the early repayment terms before applying for any personal loan. If there’s a likelihood that you’ll be able to clear a loan early, then good early-repayment terms should be an important factor in deciding which lender to use.

• What is NatWest Quick Quote?

  This is a tool that you can use to get a personalised quote on a NatWest loan. You choose a loan amount and term, as well as your personal details, and can then see if you’re likely to be approved for a loan, and how much it will cost. Using Quick Quote does not appear on or affect your credit rating.

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 567 Finder guides across topics including:

• Loans & credit cards
• Building credit
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