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 payments that fit your budget.


Calculate your possible monthly payments1

Benefits of a Personal Loan

  • Funds upfront
    Get the amount of credit you need for renovations, unexpected expenses, investments, and more.
  • Flexible repayment schedule
    We’ll help you create a repayment schedule with a term and amortization period that works for you.
  • Interest rate options
    You decide if a fixed or variable interest rate is best for you.
  • Borrow up to $50,000
    You can borrow up to $50,000 for a personal loan
Secured loans and lines of credit are secured against your assets (home, investments, vehicle, etc.), to protect the lender against any failure by you to meet your obligations. Because it’s secured you may get a lower rate or a higher credit amount.

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.

The interest rate stays the same for the term chosen

The amount borrowed or still owed –not including interest.

conventional mortgage
A mortgage that does not exceed 80% of the purchase price or value of the home, whichever is lower. Mortgages that exceed this limit must be insured against default (by CMHC or Genworth), and are referred to as high-ratio mortgages.

The interest rate changes whenever TD Prime Rate changes

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

What are my interest rate options?

Fixed Rate

Fixed interest rate stays the same for the term chosen. It’s ideal if you’re looking for set payments, and want to know exactly when the loan will be paid off.

Variable Rate

Variable interest rate changes whenever TD Prime Rate changes. It’s ideal if you’re not worried about changing interest rates, and want to benefit 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 22651 877 247 2265

The amount borrowed or still owed –not including interest.
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.

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Debt Consolidation Loan Calculator

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What you’ll need to bring

  • 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, etc.)

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TD Loan Life and Disability Insurance

In case of the unexpected, get flexible protection for your loan obligations
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Get and Maintain Good Credit

We can help you establish, maintain, or recover your credit rating.
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Terms & Conditions
1Should interest rates rise, more is applied toward interest.
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