Personal Loans

Borrow only what you need now, for what you want


A TD Personal Loan gives you the credit you need, with fixed monthly loan payments that fit your budget. Start your application to see your personalized interest rate options now.


Calculate your possible monthly loan payments1


What is a TD Personal Loan?

A TD Personal Loan is a flexible borrowing solution that you can use to borrow money for a specific goal. You can use a loan to finance a renovation project, make a big purchase or consolidate your higher interest debts. Loans are available with fixed or variable interest rates and come with flexible repayment options to help you budget. Call, click, or visit a TD Branch to apply for a personal loan.

Benefits of Personal Loans

  • Funds upfront
    Get the amount of credit you need for renovations, unexpected expenses, investments, and more.
  • Loan payments that fit your budget
    A payment schedule that works with your budget so you can repay your loan.
  • Loan interest rate options
    You decide if a fixed or variable interest rate is best for you. Start your application to see your personalized interest rate options.
  • Borrow up to $50,000
    You can borrow up to $50,000 for a personal loan
Loans are available with a variety of terms. The term is the length of your current loan agreement. Typically, terms range from 1 to 7 years. When a term ends, any balance you still owe can be repaid in full, or you may be offered a renewal term at the current interest rate.
Amortization period is the length of time it takes to pay your loan in full, assuming the same interest rate and payment amount throughout. Shortening your amortization period can help you reduce interest cost over the period but it will also increase your payments.
The interest rate stays the same for the term chosen
The interest rate changes whenever TD Prime Rate changes
The amount borrowed or still owed ‑ not including interest.

Fixed Rate

  • With a fixed interest rate, your rate and payment stay the same each month, and you know when your loan will be paid off.
  • Since the rate is not variable, changes to the TD Prime Rate will not affect your rate.
  • For fixed rate loans, the minimum interest rate is 8.83% and the maximum interest rate is 16.03%.1

Variable Rate

  • With a variable interest rate, your rate changes whenever the TD Prime Rate changes, but your loan payment stays the same.
  • If interest rates decrease, more of your regular loan payment goes towards your principal (the amount still owed, not including interest), so you may pay off your loan faster.
  • If interest rates increase, more of your regular loan payment goes towards interest and it may take you longer to pay off your loan.
  • For variable rate loans, the minimum interest rate is TD Prime Rate + 3.88%, and the maximum interest rate is TD Prime Rate + 11.13%.2


Amortization period is the length of time it takes to pay your loan in full, assuming the same interest rate and payment amount throughout. Shortening your amortization period can help you reduce interest cost over the period but it will also increase your payments.

Check in with your finances

Debt Consolidation Loan Calculator

Put all your debts in one place with a TD Debt Consolidation Loan.

Personal Cash Flow Calculator

To get a better idea of where you spend your money, enter your information below.

Net Worth Calculator

Get a better understanding of where your finances stand


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1  The Annual Percentage Rate is the same as the interest rate.

2  The Annual Percentage Rate is the same as the interest rate and assumes the variable rate does not change during the term.



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