Compare personal loan rates in Denmark.
24 live personal loans offers tracked across 18 Danish providers, with APRs from 4.90%. Data current as of 23 October 2026 and updated daily from the Giraffy database.
24 live offers compared from 18 providers, from 4.90% APR. Updated daily.
4.90% APR
Nykredit Personal Loan is a personal loans offer from Nykredit in Denmark. Key details — Interest Rate: From 4.9% p.a.; Loan Amount: DKK 10,000-DKK 500,000; Loan Term: 1-10 years; Key Feature: Nykredit — Denmark's largest mortgage bank; competitive rate.
5.50% APR
5.75% APR
5.90% APR
5.95% APR
6.20% APR
6.20% APR
6.90% APR
7.90% APR
8% APR
8.50% APR
8.50% APR
9.90% APR
9.90% APR
9.99% APR
10.90% APR
11.90% APR
12.90% APR
19.90% APR
28.80% APR
kr39 /month
kr79 /month
kr100 /month
kr149 /month
A personal loan in Denmark is unsecured consumer credit, borrowed for a fixed amount and repaid in monthly instalments without pledging a car or home. Danes use them for consolidating debt, home improvements, cars, weddings or unexpected costs. Because the loan is unsecured, the interest rate depends heavily on your credit profile, income and the loan term, and the total cost is always expressed as an ÅOP (annual percentage rate) so offers can be compared like for like.
Lenders range from established banks to digital-first apps and specialist consumer-credit providers. You apply online, identify yourself with MitID, and the lender assesses affordability using income, existing debt and credit data. Banks often reserve their best rates for existing customers with a payroll account, while standalone consumer lenders serve borrowers who want speed or who bank elsewhere.
By law, every offer must disclose the ÅOP, which rolls interest and mandatory fees into a single annual figure. Rates vary enormously: well-qualified borrowers taking a larger, longer bank loan may see single-digit ÅOP, while small, short-term consumer loans can carry ÅOP well into three figures. Reading the ÅOP rather than the headline monthly payment is the single most important habit for a Danish borrower.
A personal loan turns a large one-off cost into predictable monthly payments.
Fixed repayments — most loans have a set term and instalment, making budgeting straightforward.
No collateral — you borrow without pledging property, so approval rests on income and credit history.
Debt consolidation — combining several expensive debts into one loan can cut both the rate and the admin.
Fast decisions — MitID-based applications mean many lenders approve and pay out within a day or two.
Compare on ÅOP first, then on total cost over the full term, not the monthly figure alone. A longer term lowers the instalment but raises what you pay overall. Check for establishment fees, early-repayment terms, and whether the rate is fixed or variable. If you already bank with a lender, ask whether a payroll relationship unlocks a better rate before shopping around.
Borrow only what you can comfortably repay. The very high ÅOP figures on small short-term loans make them expensive for anything but genuine emergencies, and consolidating existing balances is often cheaper than adding new short-term credit.
Jyske Bank, Nordea Denmark and Spar Nord Bank are established banks offering competitive rates to qualifying customers. Lunar is a digital challenger with app-based lending. Bluestep Bank DK, Collector Bank DK, Brixo DK and Ekspres Bank are specialist consumer-credit providers that serve a broader range of borrowers, often with faster decisions but a wider spread of ÅOP.
ÅOP on Danish personal loans ranges from roughly 4.9% for the strongest borrowers on larger bank loans up to 15% and beyond for typical consumer credit, and can climb to well over 100% on small, short-term loans. On top of interest, watch for establishment fees and any monthly administration charges, all of which the ÅOP is designed to capture. Always compare the total repayable amount across lenders before signing.
Consumer lending is governed by Kreditaftaleloven, the Credit Agreements Act, which requires clear ÅOP disclosure, a pre-contract information sheet, and a right of withdrawal within 14 days of signing. Lenders are supervised by Finanstilsynet, and borrowers must be assessed for affordability. If a dispute arises, you can escalate to the relevant appeals board (Ankenævn). Never sign before you have seen the full ÅOP and total cost in writing.
Can I repay early? Yes, Danish rules allow early repayment, and you should only pay interest for the period you actually borrowed, though check for any fees. Will applying hurt my credit? Lenders run affordability checks, so avoid scattering many applications at once. Is a bank cheaper than an app lender? Often yes for well-qualified customers, but always compare the ÅOP directly, because a familiar brand does not guarantee the lowest rate.
Giraffy tracks 24 personal loan products across 18 lenders in Denmark. Compare by APR or representative rate — this includes all standard fees, making it the fairest comparison metric.
Lenders set your individual rate based on credit score, income, existing debts, employment status, and loan amount. The representative rate shown on adverts is offered to at least 51% of successful applicants — your actual rate may be higher. Use eligibility checkers that run a soft search (no credit score impact) to see likely rates before applying.
Personal loan amounts vary by lender and market. Unsecured products are typically available from a few hundred to tens of thousands in local currency, without requiring collateral. Secured products can go higher but put an asset at risk if you miss payments.
An unsecured personal loan is based purely on your creditworthiness — no collateral required. A secured product is backed by an asset (usually your home), so you can often borrow more and at a lower rate, but the asset is at risk if you miss payments. Most personal loan products are unsecured.
Most lenders allow early repayment, but may charge an early repayment or settlement fee — typically 1–2 months' interest on the outstanding balance. Check the terms before signing. If you're likely to pay off early, factor this cost into your total repayment calculation.
Many lenders in Denmark offer same-day or next-day funding once your application is approved and documents verified. Online-only lenders tend to be faster than traditional banks. Larger loans or complex applications may take a few extra working days.
APR (Annual Percentage Rate) includes both the interest rate and any mandatory fees, expressed as an annual percentage of the loan. It's the only standardised metric that allows true like-for-like comparison across lenders. Always compare APRs rather than headline interest rates when shopping.