Use our loan calculator
You can use our loan calculator to help you calculate how much a loan might cost for certain borrowing amounts.
You can select different loan amounts and terms to view indicative monthly repayments.
Overlay
A fixed rate over a fixed term
Personal Loans
Representative 4.9% APR
This rate is available on loans between £7,500 and £19,950. Other loan amounts are available at alternative rates. Our rates depend on your circumstances and loan amount and may differ from the Representative APR.
Features of our personal loans
- Borrow between £1,000 and £35,000
- Fixed monthly payments mean no unexpected changes to your monthly repayment amount
- When you apply you'll be given a personalised rate depending on your circumstances and how much you want to borrow
- A range of repayment terms are available, depending on the purpose of the loan
To apply you must be 18+, resident in the Isle of Man and have an Isle of Man Bank current account or mortgage.
Borrow for a range of purposes
Our personal loans can be used for a variety of reasons such as a new or used car, home improvements, debt consolidation or even a wedding.
Apply in a jiffy
It only takes around 10 minutes to apply for a loan online.
We'll ask you to log in to Online Banking so have your details handy.
Money in your account
You could get your loan funds as early as the next working day, if you apply online, are unconditionally accepted and sign your loan documents before 4.45pm Mon - Thur (UK time).
Sometimes we need to contact you for more information, so it can take a little longer.
Looking for a loan between £1,000 and £19,950?
Use our online loan calculator to estimate how much you could borrow, our representative interest rates and monthly payments.
Wanting to borrow between £20,000 and £35,000?
If you're interested in a loan between £20,000 and £35,000, and would like to receive a quotation before applying online, please get in touch.
Loan calculator
Representative Example
Borrowing
£7,500
Over
0 months
Monthly Repayment
£137.55
Total Repayment
£8,253.00
Representative
3.9
% APR
(Annual Percentage Rate)
Interest Rate
3.9
% p.a.
(Fixed)
The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. This means you're not guaranteed to get the rate you see in the calculator.
You can view our minimum and maximum rates here.
For loans between £20,000 and £35,000, please contact us for a quotation.
The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. This means you're not guaranteed to get the rate you see in the calculator.
You can view our minimum and maximum rates here.
For loans between £20,000 and £35,000, please contact us for a quotation.
Loan borrowing terms and rates
View our minimum and maximum borrowing terms below. You can also view the minimum and maximum APR for each of our loan bands.
Understanding personal loans
Take the mystery out of personal loans with our guide to loan terminology.
Ready to apply?
Before you apply, we've outlined the eligibility requirements for a personal loan below, to make sure it's the right option for you.
You can apply for a personal loan if you are:
- aged 18+
- resident in the Isle of Man, and
- an existing Isle of Man Bank current account or mortgage account holder
Important information before you apply
Before starting an application for a personal loan we recommend that you use our loan calculator to get an indication of the loan rate that may be offered to you.
A credit search may be undertaken as part of the loan application.
How your information might be used
It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.