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 get an interest only loan and what would it cost?
To find out what interest only secured loan products are available we would suggest you apply for a quote above. A broker will then assess your application requirements and provide you with some options from their lender panel.
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.