All Loans > Personal Loans > Barclays Personal Loans Calculator
Important disclosure

Barclays Personal Loans Overview

Barclays logo
Barclays offers competitive personal loans for residents of the United Kingdom. Barclays Bank promises swift approval times on their personal loans (typically within 1 or 2 business days), and a reasonable annual percentage rate (APR) that fits your budget.

Use the Barclays personal loan calculator below, to calculate your monthly repayments. Simply adjust the loan amount and the term over which you wish to pay the loan to see your estimated repayment.

Terms from 1 to 10 years. Representative example: 5 year £10,000 loan with comparison rates from 2.8% to 49.9% APR would cost between £10,728 and £27,321, including fees. The interest can vary between £728 and £17,321.

Barclays personal loans review

Barclays can provide a personal loan for almost any type of worthwhile purpose, from wedding and holiday loans, to debt consolidation and new car loans. Plus, you can check your eligibility and estimated repayment without impacting your credit score. If you are still thinking about this lender, the following reasons might compel you to bank with them.

Barclays loan features

  • Loan term. 2 to 10 years.
  • Easy online application. Applying online for a personal loan through the official Barclays app will take you less than 10 minutes.
  • Low APRs and longer terms. A Barclays personal loan offers a low annual percentage rate from 3.4% minimum to a maximum of 26.9%. Maximum repayment term is 10 years.
  • Top up option. If you have an existing Barclayloan (that’s the umbrella term for all loan offerings at Barclays), the bank may allow you to increase your borrowing capacity. This is optional. You can still opt for a second loan instead.

How to apply for a Barclays personal loan?

Check that you’re eligible:

To qualify, ensure you meet the following criteria:

  • Have a bank account
  • Are a permanent resident or citizen of the United Kingdom
  • Be 18 years old or older
  • Meet the income and credit requirements

What you’ll need to apply:

Besides personal and contact information, you will also need the following when applying:

  • An official photo ID
  • Payslips
  • Barclays internet banking or app login details

 

Barclays personal loan calculator

Provider
Product Information
EST Monthly
Repayment
Interest
Rate
Repayment
Period
Loan
Amounts
Sort loans by

Loan Amount

£20,000

Term

3 months

Change
Barclays

Barclays personal loans (15,000 - 24,999)

Barclays personal loans (15,000 - 24,999)
EST Monthly Repayment
£616 Inclusive of fees
EST Monthly Repayment
6.80%
APR
EST Monthly Repayment
24 months
to 60 months
EST Monthly Repayment
£15,000
to £24,999
Go to site
When it comes to putting your plans into action, it’s personal. And with a personalised loan just a few clicks away, getting things moving could be simpler than you think. Get your loan rate before you apply – without it affecting your credit score.
Featured
Nationwide

Nationwide personal loans (7,500 - 25,000)

EST Monthly Repayment
£581 Inclusive of fees
Interest Rate
2.90%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £25,000
Go to site
Paying off your debt using a Nationwide loan could give you the chance to take control of your finances.
Featured
Santander

Santander personal loans for £7,500-£15,000

EST Monthly Repayment
£582 Inclusive of fees
Interest Rate
3.00%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £15,000
Go to site
You are eligible if you’re 21 or over and live in the UK permanently, you have a regular yearly income of £6,000+, you are able to make your repayments by Direct Debit, and you haven’t been declared bankrupt, had a CCJ or an IVA within the last 6 years. All credit is subject to status and credit checks.
Featured
HSBC

HSBC personal loans (15,000 - 25,000)

EST Monthly Repayment
£590 Inclusive of fees
Interest Rate
3.90%
APR
Repayment Period
12 months
to 96 months
Loan Amounts
£15,000
to £25,000
Go to site
Make your plans a reality with a personal loan with fixed monthly payments, an instant credit decision, quick access to funds and no arrangement fee.
Featured
Barclays

Barclays personal loans (15,000 - 24,999)

EST Monthly Repayment
£616 Inclusive of fees
Interest Rate
6.80%
APR
Repayment Period
24 months
to 60 months
Loan Amounts
£15,000
to £24,999
Go to site
When it comes to putting your plans into action, it’s personal. And with a personalised loan just a few clicks away, getting things moving could be simpler than you think. Get your loan rate before you apply – without it affecting your credit score.

BestLoanRates.co.uk provides factual information in relation to financial products. While BestLoanRates.co.uk attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and, to the best of our knowledge, is correct at the time of publishing. The information published on BestLoanRates.co.uk is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product, you will be dealing directly with that provider and not with BestLoanRates.co.uk. BestLoanRates.co.uk recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information, please see BestLoanRates.co.uk's Terms of Use.

Minimum and maximum loan periods vary between 1 month and 10 years. APR varies between 2.80% and 71.30% p.a. Total interest repayments vary between £435 and £1,019 over the life of the loan. *APR is based on an unsecured loan of R£15,000 for a term of 3 years. WARNING: This APR is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different APR. These rates can change without further notice. All rates quoted are per annum.

Barclays FAQs

How does Barclays calculate my personal loan APR?

The annual percentage rate of your personal loan with Barclays largely depends on the amount you wish to borrow, repayment term and your creditworthiness.

What is the minimum criteria for getting approved for a personal loan at Barclays?

Barclays will look at the following information before approving your loan: your income is high enough to pay for the loan, your credit score is in good standing, and your banking history (doing too much gambling could reduce your chances of being approved).

What should I state as a reason for applying for a Barclays loan to get approved?

Be honest with the reason why you want the loan. Barclays has different loan products for different loan purposes. For example, Barclays offers a wedding, debt consolidation loan, general purpose and new car loans. If you have a variety of reasons, you might just put “general purpose” and provide further details when prompted.

Can I apply for the Barclays top-up option?

Absolutely. It is easy to “top up” your current Barclayloan by closing out any old loan and starting a new, larger loan. If you need a little bit of extra cash over and above your current loan, this might be an option.

Learn more about Barclays app in this video

.

Bestloanrates.co.uk provides factual information in relation to financial products. While Bestloanrates.co.uk attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the produc provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on Bestloanrates.co.uk is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with Bestloanrates.co.uk. Bestloanrates.co.uk recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see Bestloanrates.co.uk’s Terms of Use and Services Guide.

© 2024 Bestloanrates.co.uk