Have you ever had to take a major step to get what you want? That dream home improvement, that weekend staycation, that new living room set – the list goes on. While all these may look nice in our heads, what might stop us in our tracks are the prices. Why, it’s purchases like these that can make spending rather intimidating.
But let us tell you: it doesn’t have to be! As long as you’re financially ready, you should go for it. One way you can prepare for big spending is through £4000 personal loans. These are a popular form of financing, and we’ll teach you what you need to know. We’ll take it one step further, too, by helping you look for the right lender to fund your upcoming purchase.
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.
About £4000 personal loans
For £4000 personal loans, there are just a few key things you need to understand. First is the loan amount, or how much you’re applying for the loan. As much as possible, don’t go over £4000 if that’s all you need for your purchase. The more you loan, the higher the interest; so avoid the temptation of extra borrowings or top-ups.
Second, there’s the loan term or the length of time you need to pay back the money. You can get up to five years on average, but longer is not always better. You’ll end up paying more interest at the end of the loan, so choose your loan term well.
The interest rate, also known as annual percentage rate, is another important factor. This determines your cost of interest, and can be high or low depending on your credit score. If you want the best rate, try aiming for a score of 700 and up. Not only does this mean more savings, but also higher chances of loan approval.
And then there’s the monthly repayment. This is how much you need to repay each month, based on the loan amount, loan term, and interest rate. You can find out how much you need to budget for a £4000 personal loan through a loan calculator. Most lenders actually have this handy on their websites, or you can check out ours too!
Finally, there’s the monthly due date for your repayments. Keep this in mind to schedule all your repayments on time, which will be to your benefit. Your credit score may increase after the loan ends, and you can apply more easily for future loans. Furthermore, lenders may grant you better terms such as a lower rate.
Undecided on a lender? Visit our product table for a wide range of lender offers. We guarantee you’ll find one that’s perfectly fit for your financial circumstances!
£4000 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 84 months
EST Monthly Repayment
£1,000
to £30,000
As well as offering guaranteed rates, we give you the flexibility you need. We offer loans from £1,000 to £30,000 with loan terms from one to seven years.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£100
to £25,000
We work with lenders to help you find a loan to suit your needs, whether youre looking to buy a car, go on the holiday of a lifetime or get a gift for someone special.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£1,000
to £35,000
Weve welcomed award-winning lender, RateSetter, into the Metro Bank family to bring our customers a personal loan thats easy to apply for and simple to manage.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£2,000
to £65,000
Whether youre looking for your new car, making home improvements, planning a fabulous wedding or just tidying up your finances, a loan from Bank of Ireland UK could help make your dreams come true.
EST Monthly Repayment
24 months
to 60 months
EST Monthly Repayment
£1,000
to £7,000
Ditch hidden fees, confusing terms and waiting around. Achieve your goals and feel in control with a Monzo loan.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£2,000
to £65,000
Whether youre looking for your new car, making home improvements, planning a fabulous wedding or just tidying up your finances, a loan from Bank of Ireland UK could help make your dreams come true.
EST Monthly Repayment
12 months
to 36 months
EST Monthly Repayment
£2,500
to £4,999
Our personal loans could allow you to refinance, consolidate your debts or put it towards doing more of what you love.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£2,000
to £65,000
Whether youre looking for your new car, making home improvements, planning a fabulous wedding or just tidying up your finances, a loan from Bank of Ireland UK could help make your dreams come true.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£3,000
to £4,999
Post Office Personal Loans are provided by Bank of Ireland UK. Post Office Limited is a credit broker and not a lender.
EST Monthly Repayment
12 months
to 84 months
EST Monthly Repayment
£3,000
to £4,999
Personal loan with breakdown cover Loans from £1,000 to £25,000 with no arrangement or set-up fees. Provided by Bank of Ireland UK. AA Financial Services Limited is a credit broker and not a lender.
EST Monthly Repayment
24 months
to 60 months
EST Monthly Repayment
£3,000
to £4,999
Award-winning Personal Loans Make it happen, Make it Hitachi Personal Finance
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£1,000
to £4,999
A loan from Tesco Bank could be a great way to fund a home improvement project, upgrade your car, or help to cover the cost of your wedding.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£3,000
to £4,999
You can choose how much money you want to borrow at a fixed rate, then choose over how long you want to pay it back. This will allow you to pay back your loan each month with an amount to suit your budget.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£2,000
to £50,000
Get a step closer to your dreams and goals by availing our Personal Loans and meet your financial needs. You can avail a personal loan to meet unexpected expenses, a dream holiday, school or college fees, wedding expenditure, home improvement expenses or even purchase of consumer durables.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£3,000
to £4,999
You can apply online for a personal loan provided by Santander UK plc to help turn your plans into reality. Credit subject to status. Terms and conditions apply.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£3,000
to £4,999
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.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£2,500
to £15,000
Tidy up your borrowing. Whether youre looking to reduce the costs of ?borrowing, or simplify your finances, a JN Bank Personal Loan could help. And whatever term you choose, the rate's fixed so you can manage your monthly payments
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£3,000
to £4,999
Paying off your debt using a Nationwide loan could give you the chance to take control of your finances.
EST Monthly Repayment
12 months
to 84 months
EST Monthly Repayment
£1,000
to £25,000
An RAC loan allows you to borrow up to £25,000 and pay back a fixed amount every month, over a set term. So, you can cover those big one-off expenses like buying a car, home improvements, debt consolidation or a wedding. Whatever you need, the RAC could lend a helping hand.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£1,000
to £25,000
Whether youre looking to buy a car, improve your home, pay for a wedding or simply take control of your finances, a flexible, low-cost personal loan from Lending Works could be the perfect one for you.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£3,000
to £4,999
Planning a big event or purchase? Maybe youre planning some home improvements or buying a new family car it all adds up. Youve come to the right place a Sainsburys Bank Loan could be the answer.
EST Monthly Repayment
12 months
to 72 months
EST Monthly Repayment
£2,000
to £50,000
The Bank offers a range of lending services and products to its private and corporate clients. These services include loans, overdrafts, discounting of commercial drafts and other Trade Finance related activities.
EST Monthly Repayment
12 months
to 72 months
EST Monthly Repayment
£2,000
to £50,000
The Bank offers a range of lending services and products to its private and corporate clients. These services include loans, overdrafts, discounting of commercial drafts and other Trade Finance related activities.
EST Monthly Repayment
12 months
to 72 months
EST Monthly Repayment
£2,000
to £50,000
The Bank offers a range of lending services and products to its private and corporate clients. These services include loans, overdrafts, discounting of commercial drafts and other Trade Finance related activities.
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£3,000
to £4,999
Special surprise or a serious buy weve got a loan youll love. A special occasion, a once-in-a-lifetime break, or a little more oomph in your home. Whatever you're leaning towards, you'll love our personal loan.
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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.
