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It is hard to answer without knowing the type of loan and the loanees personal credit history. For personal loans the average interest rate is from 5 to 9%.

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Q: What are the average interest rates on a bank loan?
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What are the average interest rates on mortgage loans in Canada?

The average interest rates on mortgage loans in Canada is about 4.000% depending on whether the mortgage loan is on fixed or variable rates. One can shop around to choose which bank will offer a competitive and lower interest rates.


What are the average loan rates at the Bank of New Zealand?

The loan rates at the Bank of New Zealand range from 4.95% to 6.99%. The average loan rate is around 5.70%. Loan rates highly depend on the term of the loan.


Where can one obtain a personal loan with low interest rates?

Personal loans are available at HSBC bank with low interest rates. Other banks such as the co-operative bank can also provide you with a loan with low interest rates.


What are the current interest rates for a home equity loan for an individual with excellent credit?

Current interest rates for a home equity loan will vary from bank to bank. For an individual with excellent credit, interest rates can vary from 4.00% to about 5.00%.


What are the average interest rates on a home equity loan?

The average interest rates on a home equity loan depends on which home equity loan in particular. For example, the $30 HELOC is averaged at an interest rate of 5%.


What are the cons of having a fixed rate personal loan?

Fixed personal loan interest rates are typically higher than variable rates. If interest rates rise, your personal loan rates will look like a bargain, but on the other hand,if interest rates fall, your bank loan will look expensive.


Where can I obtain a pay day loan with low interest rates?

You can obtain a pay day loan with low interest rates from many places like a near by bank or by searching online to see which bank near you offer the beat low interest rates.


Where can loan consolidation interest rates be compared?

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How much interest does a bank charge when borrowing money?

The amount of interest that a bank charges when you take a loan from them varies greatly. Every bank is different, and even in a specific bank rates can be different. A personal loan to a car loan will have different rates. Your best bet is to call your local bank and ask them the rate for the specific loan you need.


Where can someone view current equity loan interest rates?

There are several places one can view current equity loan interest rates. These websites include Bank Rate, Bank of America, Wells Fargo, and Midland National Bank.


What is the current interest rate for a home loan with RD Bank?

Home loan interest rates vary not only by bank, but also regionally. Individuals seeking interest rate quotes will find differences in rates depending on their personal finances as well.


Where can one find information on where to find the cheapest bank loans?

There are many financial websites and financial publications that provide comparative information about bank loan interest rates. Interest rates vary depending on what the loan is for. For mortgages, there are brokers who will find the cheapest bank rate. For vehicle loans, often a dealership will have current information about bank loan rates.