How long does a secured loan take?

The amount of time may vary depending on your case and how complex your application is. Expect to wait up to 4 weeks for the loan to complete and for you to recieve the funds from the lender. The broker can give you an estimated time frame upon application.

Can I calculate how much interest I will pay?

The calculator here on the page will give you an estimate of the interest charges payable. Your personal quote and mortgage illustration will show the exact interest charges payable depending on the interest rate.

Does a home valuation need to be carried out?

Yes in most cases a home valuation will be required by the lender. The broker will be able to explain the requirements to you upon your application. The lender will need to assess the value of your house in order to agree to lend against the property.

What are the repayment terms on a secured loan?

Most lenders allow loans to be repaid between 3 and 30 years and some lenders allow a maximum term of 25 years.

Secured Loan Calculator | Quotes From 2.9%, 3

Secured Loan Calculator

Our experts compare the market so you don’t have to.

Secured loan rates from 3.37%

Use the secured loan calculator then apply online

All credit types considered

Borrow over 1 – 30 years

Check My Eligibility

* Access the lowest rates as of January, 2021 We’re a credit broker and not a lender.

Simply check your eligibility above to find out how much you can borrow. It is quick and simple and takes just a few minutes to complete.

Simon Nicholson

CeMAP – Head of Secured Lending

Call: 0161 820 8099

Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on a loan or any other debt secured on it.

11 providers expertly compared:

with an APR of:

Learn More Available via broker only

Paragon Bank

Loan Amount
£20,000 - £500,000

Initial Rate
3.6%

Loan Term
5 - 25 years

Loan Type
Residential
& Buy to let

Status
Homeowners Only
Max LTV 85%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

3.6%

Total repaid will be:

£50,805

Second charge mortgages for homeowners in England, Wales and Mainland Scotland. We work hard to make sure we have a wide range of loans to meet our customers' needs. Get a quote today for a personal illustration from our award winning broker.

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with an APR of:

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Masthaven Bank

Loan Amount
£10,000 - £500,000

Initial Rate
4.19%

Loan Term
5 - 35 years

Loan Type
Residential
& Buy to let

Status
Homeowners Only
Max LTV 75%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

4.19%

Total repaid will be:

£50,805

We were the first new bank to be awarded a banking licence in 2016. However, we’ve been providing a flexible and personalised approach to secured lending since 2004. Get a quote today for a personal illustration from our award winning broker.

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11 providers expertly compared:

with an APR of:

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United Trust Bank

Loan Amount
£10,000 - £125,000

Initial Rate
4.45%

Loan Term
3 - 30 years

Loan Type
Residential
& Buy to let

Status
Homeowners Only
Max LTV 85%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

4.45%

Total repaid will be:

£50,805

United Trust Bank’s highly skilled and experienced specialised mortgage team offers innovative lending products through a panel of approved introducers. Get a quote today for a personal illustration from our award winning broker.

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11 providers expertly compared:

with an APR of:

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Shawbrook Bank

Loan Amount
£10,000 - £500,000

Initial Rate
4.2%

Loan Term
3 - 25 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 90%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

4.2%

Total repaid will be:

£50,805

If you’re paying out for a number of different loans or credit cards, a debt consolidation loan from Shawbrook Bank could save you money every month in interest. Get a quote today for a personal illustration from our award winning broker.

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11 providers expertly compared:

with an APR of:

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Step One Finance

Loan Amount
£5,000 - £500,000

Initial Rate
6.9%

Loan Term
5 - 30 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 95%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

6.9%

Total repaid will be:

£50,805

Our homeowner loan products are available to qualifying homeowners and owners of Buy-to-Let properties in England, Scotland and Wales with loan amounts available up to £150,000. Get a quote today for a personal illustration from our award winning broker.

Check My Eligibility

11 providers expertly compared:

with an APR of:

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Together Money

Loan Amount
£3,000 - £1,000,000

Initial Rate
6.65%

Loan Term
3 - 30 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 77.5%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

6.65%

Total repaid will be:

£50,805

If you need to raise funds, for example, to make home improvements or get on top of your debts, and you have existing equity in your home, a secured loan could be the right option. Get a quote today for a personal illustration from our award winning broker.

Check My Eligibility

11 providers expertly compared:

with an APR of:

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Central Trust

Loan Amount
£3,000 - £250,000

Initial Rate
8.5%

Loan Term
3 - 30 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 75%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

8.5%

Total repaid will be:

£50,805

We’re an independently owned specialist secured loan lender in the UK and are part of the Norfolk Capital Group of companies that have been providing secured loans since 1988. Get a quote today for a personal illustration from our award winning broker.

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11 providers expertly compared:

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Optimum Credit

Loan Amount
£5,000 - £500,000

Initial Rate
4%

Loan Term
3 - 25 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 85%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

Total repaid will be:

£50,805

We offer a straightforward, customer friendly approach, both during your application process and after completion of your second charge mortgage. Get a quote today for a personal illustration from our award winning broker.

Check My Eligibility

11 providers expertly compared:

with an APR of:

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Oplo

Loan Amount
£5,000 - £50,000

Initial Rate
8.0%

Loan Term
3 - 25 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 70%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

8.0%

Total repaid will be:

£50,805

Here at Oplo we offer secured loans from £1,500 to £50,000 (subject to your personal circumstances) to new and existing customers. Get a quote today for a personal illustration from our award winning broker.

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Representative Example

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Evolution Money

Loan Amount
£1,000 - £20,000

Initial Rate
10.20%

Loan Term
1 - 15 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 95%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

10.20%

Total repaid will be:

£50,805

We won’t rely on automated credit scores. At Evolution Money, people take the decisions and they look at you, not your credit history or the amount of equity in your home. Get a quote today for a personal illustration from our award winning broker.

Check My Eligibility

11 providers expertly compared:

with an APR of:

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West One Secured Loans

Loan Amount
£10,000 - £500,000

Initial Rate
3.99%

Loan Term
3 - 25 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 85%

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Initial Rate:

3.99%

Total repaid will be:

£50,805

West One offers an extensive range of second charge mortgage solutions that can be secured on buy-to-let properties, including unregulated buy-to-lets as well as regulated consumer buy-to-lets. Get a quote today for a personal illustration from our award winning broker.

Check My Eligibility

Application Criteria?

How can I find out the monthly loan repayments?

Use the secured loan calculator above to get an estimate of the monthly repayment amounts. You can vary the loan amount and payment terms to suit your budget. The exact interest rates and loan amount available will depend on your personal circumstances, home equity and affordability. Apply for a quote above to get a personal illustration from our secured loan experts.

Can I calculate what fees I will need to pay?

When you apply for a personal quote the advisor will be able to explain what broker and lender fees apply to the loan. The fees payable will very depending on the lender and the amount of loan requested. All costs and fees will be explained in advance prior to making any decision to proceed with a loan application.

How much can I borrow on a secured loan and what are the repayments?

This will depend on a range of personal factors such as how much equity you have in your property and affordability of the loan. When you request a secured loan quote here on the website the advisor will be able to provide you with how much you can borrow. Secured loans are available for homeowners only from £3,000 to £250,000 over a maximum repayment term of 30 years for many lenders.

Can I use this secured loan calculator with bad credit?

If you have ‘bad credit’ it is mostly likely you will pay a higher rate of interest on your loan than compared to someone with no credit issues or ‘good credit’. Request a quote from our brokers here on the website to get an accurate appraisal from a loan underwriter. All quotes are free with no obligation to proceed.

Read our customer and visitor reviews for this product:

Rating: 4.6 / 5 with 31 votes

Product Reviews

Good for secured loans

by Abdul R

Good service for secured loans with a full brokerage service. Good panel of lenders to suit most customers.

Found the right mortgage I was looking for

by Mrs Dale

Had a very positive experience using the mortgage pages. Thankyou.