Recently, you might have dreamt of finishing something you’ve already committed to. For instance, you want to visit all the famous tourist spots in Asia this year. Or, you want to buy all of the outfits from your favourite designer’s latest collection. Maybe you want to round out your financial wellness by consolidating all your loans. Whatever it is, we all find deep satisfaction in achieving success across big goals.
And yet, finishing these goals may be expensive for most of us. In fact, it would be such a feat to do so while on a budget! If you might come up short on your next big goal, think about £100,000 personal loans. Without disturbing your budget, you can borrow from any bank or online lender for a low rate. And there’s no long wait: you can get the £100,000 instantly after the approval. Can you imagine a cheaper and quicker way of getting the funds you need?
The process to get your personal loan can be a long one, though. If you want to prepare, we recommend going through our guide below first for any information you’ll need.
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.
Repayments on a £100,000 personal loan
Your monthly repayment on a personal loan can vary depending on the lender. The interest rate for your loan is based on things like your credit score and how long you take to repay the loan. If you choose to repay the loan over a more extended period of time, your monthly payments will be smaller, but you will end up paying more money in total because of the extra interest that will be charged.
Indicative costs when you borrow £100,000 over 60 months:
- Origination or administration fee: 0% up to 8% of the loan amount
- Interest rate (APR): 2.7% to 29.99%
- Monthly repayments: £1,784 and £3,235
- Total cost on a £100,000 loan: Between £107,014 and £194,084
As you can see from the example above, the interest rate can have a big impact on how much your loan costs in total.
£100,000 Personal loan calculator
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £25,000
Paying off your debt using a Nationwide loan could give you the chance to take control of your finances.
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £15,000
You are eligible if youre 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 havent been declared bankrupt, had a CCJ or an IVA within the last 6 years. All credit is subject to status and credit checks.
Repayment Period
12 months
to 96 months
Loan Amounts
£15,000
to £25,000
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.
Repayment Period
24 months
to 60 months
Loan Amounts
£15,000
to £24,999
When it comes to putting your plans into action, its 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.
EST Monthly Repayment
12 months
to 240 months
EST Monthly Repayment
£5,000
to £100,000
We could offer you a second mortgage of between £5,000 and £100,000 if you are a homeowner in England, Wales, Scotland or Northern Ireland.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£5,000
to £100,000
Providing helpful everyday finance. Were the power behind some of the UKs best known brands, providing a range of helpful everyday finance solutions giving you flexibility and control.
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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.
