The cost depends on the amount borrowed, loan term, interest rate or APR, and your credit circumstances. For example, borrowing £10,000 over five years at an illustrative 8.9% APR could mean repayments of around £206 a month and roughly £12,360 repaid in total, although the rate offered to you may differ. Compare the APR, monthly payment and total amount repayable, and check for arrangement fees or early-repayment charges. Use an FCA-authorised lender and read the full agreement before applying.