Demo rate card6.9% APR representative (fixed); £1,000.00 to £25,000.00 over 1 to 7 years
The pound values and percentages on this page are invented AcornBank product terms, chosen for a realistic bank-style example. They are not current market offers, an invitation to deposit or invest money or a forecast of what a real bank will pay.
| Product detail | Demo terms |
|---|---|
| Account type | Fixed-rate personal loan |
| Rate, reward or charge | 6.9% APR representative (fixed); £1,000.00 to £25,000.00 over 1 to 7 years |
| Illustrative loan amount | £1,000.00 to £25,000.00 over 12 to 84 months |
| Access | Fixed monthly repayments over 1 to 7 years; early settlement allowed with up to 58 days’ interest in the model |
| Eligibility in the scenario | An adult story applicant with assumed affordability; all decisions are fictional |
| Fees | No arrangement fee; early settlement costs up to 58 days’ interest |
| Representative example | £10,000.00 over 60 months |
| Currency | GBP (£), used solely for fictional calculations |
Acorn Personal Loan questions
What is Acorn Personal Loan for?
A fixed-rate loan for plans that do not fit in a savings pot yet. The rate never moves, the payment never moves, and the tables show exactly how much of each payment is interest. Its story purpose is a planned purchase paid off in fixed monthly amounts. Everything on this site is fictional; nothing can be applied for.
What rate does Acorn Personal Loan charge?
6.9% APR representative, fixed for the whole term, with no arrangement fee. The payment never changes.
How much can I borrow with Acorn Personal Loan?
Illustrative loan amount: £1,000.00 to £25,000.00 over 12 to 84 months.
What would Acorn Personal Loan cost me each month?
£10,000 over 60 months is the representative example on the product page, with the monthly payment, total interest and total repayable. Other amounts and terms are tabled beside it.
Can I pay Acorn Personal Loan off early?
Yes, with up to 58 days’ interest in the model. The examples page shows the settlement figure after half the term.
Loans questions
Shared across the whole range.
What does “APR representative” mean?
The annual cost of the loan including any fees, quoted for a typical story customer. Every loan here has no fee, so the APR is simply the fixed interest rate.
Can I settle a loan early?
Yes, in the model: the balance plus up to 58 days’ interest, the usual convention. Each loan page shows the figure after half the term and the interest saved.
Should I pick a longer term?
A longer term lowers the monthly payment and raises the total repayable. The tables show both for every amount and term so the trade-off is visible.
Is the loan secured on my treehouse?
No. All three loans are unsecured in the model; the treehouse is never at risk, even for the improvement loan.
Acorn Personal Loan is fixed-rate personal loan in the Loans range, used for a planned purchase paid off in fixed monthly amounts. Its live rate card, summary and worked tables sit above this text and update whenever the product record changes.
Frequently asked squeaks
The questions and answers on this page come from AcornBank’s single shared FAQ collection, so the same wording appears here, on the Loans hub and in the full FAQ list. Every answer is about a fictional product: 6.9% APR representative (fixed); £1,000.00 to £25,000.00 over 1 to 7 years is a demo figure and nothing can be applied for. The summary and worked figures below give the numbers the answers refer to.
See the whole Loans range or compare every product on the rates page.
What the example does not promise
All figures are invented and shown to make the demo useful to read and crawl. No money is held, no application is available, and no deposit-protection, regulatory or tax-wrapper status is claimed. Calculations do not account for personal tax, inflation or unstated changes in rates. The fictional bank manager can guarantee only that the next paragraph contains no real acorns.
Related reading
- This Is a Fictional Bank — No Real Banking Here
- Site Map — Every Branch of AcornBank
- Rates — Savings, Borrowing and Rewards
- Help — Unruffle Your Tail
- Loans — Borrowing a Wheelbarrow of Acorns
- Acorn Personal Loan — Compare the Canopy
- Acorn Personal Loan — Fictional Product Terms
AcornBank: entirely fictional banking, exceptionally committed squirrels.