Loans and Lines of Credit › Personal Loan

Personal Loan

Borrow only what you need now, for what you want

Borrow only what you need now,
for what you want

A TD Personal Loan gives you the credit you need, with fixed monthly payments that fit your budget.

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Funds upfront

Get the amount of credit you need for renovations, investments, purchases and more.

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Repayment schedule

We’ll help you create a repayment schedule with a term and amortization period that works for you.

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Interest rate options

You decide if a fixed or variable interest rate is best for you.

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Payments that fit your budget

A payment schedule that works with your budget so you can repay your loan.

Borrow up to $50,000


What are my interest rate options?

Fixed Rate

This rate stays the same for the term chosen.

  • Ideal if you are looking for structured payments, want to know exactly when the loan will be paid off

Variable Rate

This rate changes whenever TD Prime Rate changes.

  • Ideal if you are not concerned with changing interest rates, and want to benefit from times when interest rates decrease
  • If interest rates decrease, more of your regular payment goes towards your principal, so you can pay off your loan faster1
  • If interest rates increase, more of your regular payment goes towards interest, and your amortization period will increase. Your regular payment may have to be adjusted periodically

Have a personal consultation to discuss your options. Call 1 877 247 2265

In the case of the unexpected, get flexible protection for your loan obligations.

Ready to apply?

Call us

Our banking specialists will help you with any questions you might have.
1 866 222 3456

Locate a Branch

By Address, Intersection, City, Postal Code OR by Branch Number

Apply online

You can conveniently submit an online application.

Apply now


What you’ll need:

  • Social Insurance Number (optional)
  • Current address and previous address (if current address is less than 3 years)
  • Your income (sources and amount)
  • Your monthly mortgage or rent amount
  • Your monthly payments (loans, credit cards, lines of credit)
  • Household costs (utility, property tax, insurance, etc)

Loans are available with a variety of terms. The term is the length of your current loan agreement. Typically, terms range from 1 to 5 years.
When a term ends, any balance you still owe can be repaid in full, or you may be offered a renewal term at 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 amount borrowed or still owed – not including interest.

The interest rate stays the same for the time period chosen.

The interest rate changes whenever TD Prime Rate changes.