Lovable
Part of speech: adjective
Definition: Inspiring love or affection.
Example sentence: Part of my evolution has been to learn how painful most people's childhoods are. They grow up not liking themselves, not loving themselves. Ask people if they were lovable the minute they were born, and watch them sit back and have to think about it. One lady said, 'I suppose so.' That's painful.
Lovely
Part of speech: noun
Definition: An attractive, lovely person, especially a (professional) beauty.A lovely object
Part of speech: adjective
Definition: Inspiring actual loveEvoking love-like, happy emotions by aesthetic or similar endearing qualities.Very nice, wonderful in a general sense.Loving, filled with love
Example sentence: Breathless, we flung us on a windy hill, Laughed in the sun, and kissed the lovely grass.