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Borrow up to £25,000 to finance your big day
Loan representative rates from 5.8%[3]
Use our new loan calculator to estimate the cost of your loan with ease. Based on MoneySuperMarket data from January 2025, the average APR for wedding loans between £7,500 and £14,999 is 12.3%, with a five-year term being the most common choice.
Find out what monthly repayments would be, how much you'll pay overall and how much you could borrow.
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Total amount
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Based on the information you supplied, you would be borrowing XXX and repaying the loan in XXX monthly instalments of . The total sum to repay, subject to XXX% APR over the full loan term would be XXX. This assumes there are no extra fees and that your payments are made on time and in full.
Total amount
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Based on the information you supplied, you could borrow XXX at a monthly repayment rate of to be paid over XXX monthly instalments. Over the full loan term at XXX% APR, the total amount repayable would be XXX. This assumes there are no extra fees and that your payments are made on time and in full.
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If you need a larger amount, consider a secured loan, which will allow you to borrow more but uses your home as collateral. Be aware that lenders can sell your house if you fail to keep up with repayments.
A wedding loan is a way of using a personal loan, rather than a discrete product itself.
Personal loans can help couples pay for wedding expenses, from the rings to the honeymoon, and let you finance part, or all, of these costs upfront before repaying the loan in monthly instalments.
On average, MoneySuperMarket customers borrow £10000.00[4]towards their wedding costs.
Since a wedding loan is essentially just a personal loan, all the usual repayment terms apply.
1) Make your loan application: After finding an appropriate loan amount and term length, apply online with a lender with a high chance of acceptance.
2) Pay for your wedding: After the money lands in your nominated current account, use it to cover wedding costs, such as booking the venue, paying your vendors, and even financing your honeymoon.
3) Pay back the loan over time: Ensure you keep up your monthly repayment obligations. You might be able to save money by clearing the loan faster, but take note of early repayment charges.
The most common loan amount for those looking to fund a wedding is between £7,500 and £14,999, based on MoneySuperMarket data from September 2024. Our chart shows how much people typically borrow.
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Before you take out a loan to fund your wedding make sure you’re fully aware of the advantages and any potential pitfalls:
Quick access to money, enabling you to start planning your big day, even if you don’t have the savings up front
Flexibility, with options around how much you borrow and how quickly you pay it back
Could improve your credit score if you meet the monthly repayments in full and on time
You’ll pay interest on your loan so your wedding will cost you more than if you paid with savings
If you miss loan repayments, you’ll damage your credit rating and borrowing may be more difficult in the future
Early repayment charges mean it may be costly if you want to pay off the loan before the term ends
Your wedding day is a special time in your life, but that doesn’t mean you need to spend a fortune on it. If you don’t have savings to pay for it, you may be looking to borrow money. In the event you do opt for a loan to fund your nuptials, ensure that you look for the cheapest loan available. There are lots to choose from, so try to find a loan with a low interest rate and one you can afford to repay.
Kara Gammell Personal Finance Expert
The best deal depends on your personal circumstances. For example, a low interest rate might look appealing, but the length of the deal might be too long, meaning you’ll pay more overall. Here’s what to do to find a loan that best suits you:
Whatever type of loan you choose, shopping around for the cheapest deal is the best way to keep interest repayments as low as possible. Compare both interest rates and annual percentage rates (APR)
There could be additional fees on the loan – especially if you miss a payment. Early repayment charges could also apply
We’ll show you your chances of being accepted before you apply online. That way you can avoid harming your credit score
Customers with high scores usually get offered the best deals. So, it's best to get your credit file in great shape before applying
TSB personal loan
Representative example: If you borrow £10,000 over 3 years at a Representative APR of 5.9% and an annual interest rate of 5.9% fixed, you would make 36 monthly repayments of £303.07. The total amount payable is £10,910.52.
Great for
But be aware that
If you have a poor credit score because you’ve struggled with debts in the past, or you haven’t borrowed before, you could still get approved for a loan in the UK.
But you should be aware that available loans could be more limited, you may not be able to borrow as much, and you may face paying a higher interest rate.
Regularly review your credit score and work on ways to improve it. If you’ve been in financial difficulty before, you should also think carefully about taking on more debt.
MoneySuperMarket has won the Feefo Platinum Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience.
Find the right loan for you and see your chances of being accepted.
We’ll ask you a few quick details to find out how much you’d like to borrow and help us assess what you might be able to afford
We’ll show you each loan with simple headline terms such as interest rate, cost per month and your chances of being accepted
Once happy with your choice, you can click straight through to the loan provider and apply for the loan within minutes
Borrowing to fund a wedding means you’ll be incurring debt that you’ll have to pay off over the months that follow.
But weddings can be an expensive one-off payment, and it may take you longer than you want to save up – particularly if you have a fixed date in mind.
Provided you budget sensibly, don’t overstretch yourself and can keep up with repayments, wedding finance can be used as part of the planning for the big day.
Whether you’ll be accepted for a wedding loan will depend on a variety of factors, including how much you ask for, whether you can meet the repayments, your credit score and the loan provider’s own attitude to risk.
If you cannot get a loan for as much as you want, you may have to settle for slightly less and revise your plans, or seek finance in other ways.
Yes, although you'll need to compare secured loans (also known as homeowner loans) to borrow against your property.
Be warned that if you fail to keep up with repayments, your lender can sell your property to recoup the cost of the loan.
Once your loan is approved, you’ll receive the money and are free to use it how you wish.
If your wedding gets postponed or cancelled, you’ll still need to adhere to the terms of the loan and make the repayments on time. If you decide you don’t need the money anymore, you’ll be able to pay the loan off early, but take note of any early repayment charges.
In every case, once the initial cooling off period has elapsed, you are likely to pay back more than you have borrowed.
An unsecured loan – often called a personal loan – is one that is granted without the customer having to put down any security, such as their house or car. This doesn’t mean the borrower can default on the loan with impunity.
If you miss repayments, you’re likely to be hit with extra charges and interest and you could seriously damage your credit rating, making borrowing much harder in the future.
Most loans are structured so you make monthly repayments until the loan is paid off. You can usually decide on a date that suits you best. Immediately after payday, for example, is often a popular choice so borrowers are confident they can meet their direct debit payments.
It will depend on a number of factors, including how much you can afford to repay each month – judged on your income and outgoings – and your credit rating. You are likely to be able to borrow more for a secured loan (even up to £50,000) when you put your house or car up as collateral. This is because lenders know they have some redress if you fall into financial difficulty.
However much you decide to borrow, you should always be confident you’ll be able to pay it off in full before applying.
The length of loans differs from deal to deal, but common terms range from two to five years. You can often reduce the monthly payments by extending the term of the loan, but this typically means you’ll end up paying more overall in interest.
It will depend on the deal you’re approved for. The good news is that it is easy to compare deals from across the market in the UK with MoneySuperMarket, so you can quickly see what current rates are on offer.
Be aware that the lowest advertised rates are not offered to all potential borrowers and are generally reserved for those with the best credit scores.
No. Any reputable loan provider will first run a credit check on your finances to give them confidence that you will be able to repay the loan on time every month. This is why it’s so important to keep your credit score as high as it can be.
No. Once you have been approved for the loan and receive the money, you can use it for whatever purpose you like. It could be useful to draw up a budget to make sure you only apply for the amount you’ll need because the more you borrow, the more you’ll have to repay in interest.
Yes, you can instruct the loan provider to pay the money into a joint account. It’s worth noting that if you are the person who has been approved for the loan, you are also responsible for paying it off - no matter who ends up spending the money.
