Instant Figures with an Acceptance Guide   |   No Need for your Name, Address or Contact Details
Call us on 01482 968 600   |   or Apply Online
Please Note: We recommend that you keep the calculator set to 'Auto'.

By setting to 'Manual' you will be required to enter the annual interest rate, broker fees and lender fee.

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Secured Loan Calculator
Loan Requirements
Amount Required - This is how much you would like to borrow.
Term Required - Loan terms range from 3 to 30 years. Please select for how long you would like to take this loan out.
Property Details
Property Value - What is the approximate market value of your home? If you do not know we would be happy to help with this.
Mortgage Balance - This is how much you pay on your mortgage each month.
Personal Details
Age - Please enter the age of applicant 1.
Credit History
Please select Good, Average or Poor to indicate your credit history:
Good – Please select ‘good’ if you have not had any CCJs, defaults or mortgage arrears in the last 12 months, and your other credit payments have all been paid on time. The very occasional late payment in the last 12 months on a credit item or card maybe acceptable.
Average – Please select ‘average’ if you have had some missed credit payments and up to one CCJ or Default during the past 12 months. For this option you also need to have had no missed mortgage payments during the past 12 months.
Poor – Please select ‘poor’ if you have some or all of the following – Missed credit repayments, CCJs, defaults and mortgage arrears.
Check your eligibility for this loan?Instant results / No contact details required
Please select 'Yes' if you would like to see an indication of your eligibility for a secured loan.
Check for Eligibility
Monthly Mortgage Repayment - Please enter the amount of your monthly mortgage repayment.
Annual Gross Income - This is the annual income, before any deductions, for applicant 1.
Is this a Single or Joint application?
Please chose if this is a single or joint application. If your property is owned jointly, or the mortgage is in joint names, then this will need to be a joint loan application.
Applicant 2
Credit History
Please select Good, Average or Poor to indicate your credit history:
Good – Please select ‘good’ if you have not had any CCJs, defaults or mortgage arrears in the last 12 months, and your other credit payments have all been paid on time. The very occasional late payment in the last 12 months on a credit item or card maybe acceptable.
Average – Please select ‘average’ if you have had some missed credit payments and up to one CCJ or Default during the past 12 months. For this option you also need to have had no missed mortgage payments during the past 12 months.
Poor – Please select ‘poor’ if you have some or all of the following – Missed credit repayments, CCJs, defaults and mortgage arrears.
Annual Gross Income - Please enter the annual income before any deductions for applicant 2.
Age - Please tell us the age of applicant 2

Calculator Instructions

1. Personal Details: Please enter the age of the oldest applicant. Which credit history do you fall under: good, average, or poor. This will determine which loan plans you will be able to use.

2. Loan requirements: How much would you like to borrow and the maximum loan term you would need this for. The loan ‘amount required’ ranges between £5,000 and £500,000 and the term required ranges from 3 to 25 years or until the oldest applicant reaches 80. For loan amounts above £500,000 or loan terms above 25 years, please call us.

3. Property used as security: What is the market value of your home, we are happy to help with this if you do not know. What is the current mortgage balance on your house?

This calculator is kept up to date and designed to provide a detailed guide to the interest rates and charges, plus other costs, associated with taking out different sized secured loans through ourselves. The calculations are based on a variety of scenarios, including loan amount, term, age, a credit history guide and loan to value.

The figures generated are a guide only and should not be relied upon as an accurate quote. Please contact us via our online application form or call 01482 968600. Your dedicated loan advisor will be delighted to provide you with an immediate decision and detailed terms.

Calculated Results
£0, over Years at %
Out of Budget
In Budget
Affordability Meter

Thank you for using our secured loan calculator

From the information you provided, it certainly looks like we have some options available for you.

Loan to Value %
Affordability In budget by £10

Your illustration allows for: Missed credit payments, 1 CCJ or Default in last 12 months, but no mortgage arrears in last 12 months

Please see below your secured loan illustration:

Total Costs
Loan Amount Loan Amount - This is the net loan amount required that you entered. £ 0
Loan Term Loan Term - This is the loan term in years that you selected. Years
Interest Rate Interest Rate - This is the annual rate of interest being charged on the loan facility. %
Loan To Value (LTV) Loan To Value (LTV) - Illustrates the amount of equity being used in your home. This is calculated by adding your first charge mortgage and this second charge loan together, then illustrating it as a percentage of the property value. %
Broker Fees () Broker Fees - The broker fee is added to the net loan amount required along with the lender fee below and is then illustrated as the Gross Loan Amount. We charge a broker fee of 10% of the ‘Loan Amount Required’ which is capped at £3,950. £ 0
Lender Fee Lender Fee - The lender charges a fee which is added to the loan along with the broker fee. Loan Amount + Broker Fee + Lender Fee = Gross Loan Amount. £ 0
Gross Loan Amount Gross Loan Amount - This is the net loan amount required plus the broker fee and lender fee. This is total loan facility and is the amount that the interest rate is applied to in order to calculate the interest charges. £ 0
Total to Repay (if full term) Total to Repay - This is the total amount you will pay back if the loan runs its full term and all monthly repayments are made on time. Clearing the loan early will reduce this amount. £ 0
Interest Only Interest Only - This is the interest only repayment figure. £ 0
APRC APRC - Stands for Annual Percentage Rate of Charge – It is different to the annual interest rate quoted above because it includes all other costs associated with the loan, for example the broker fee and lender fee. It is an illustration of the real cost of the loan. %
Monthly Repayment Monthly Repayment - This is the monthly repayment amount required based on the loan amount you require, fees and the loan term. This also takes into consideration the credit history, along with the Loan to Value and income details. £ 0
Check your eligibility for this loan?Instant results / No contact details required
Please select 'Yes' if you would like to see an indication of your eligibility for a secured loan.
The figures generated are a guide only and should not be relied upon as an accurate quote.

Secured Loan Calculator

Why use us?

We only have very experienced, expert loan advisors

“Our experienced advisors will take the time to fully understand your requirements along with your own individual circumstances. Then taking into consideration many factors such as your income, equity available in your home, age, credit history, lender’s underwriting and available loan plan, will provide you with details of the best loan options available.”

“Experience of the different lenders is so important. Computer systems and AI just can’t offer this!”

Apply Now

A secured loan offers flexibility and can be used for almost any purpose:

Large number of competitively priced plans that allow for:

We can provide you with a secured loan that has the most competitive interest rate available in the market, based on your personal circumstances.

Secured loans can offer advantages over other types of loans:

Apply Now

Fees and costs

We charge a broker fee of up to 10% of the loan advance which is capped at £4,000. We may also receive a commission from the lender. Any fees or commission paid to us will be fully disclosed.

We are only renumerated if you are happy with the loan that we find, and you then take it out.

Over the past 7 months, our interest rates have ranged from 6.2% pa to 12.47% pa *

The average interest rate that we have provided during this time has been 8.8% pa *

* For loans that we have completed over the last 7 months (1st January to 31st July 2024)

Our Reviews

Great Company!

"Really helpful staff. Very friendly and efficient. If I could give more stars I would."

Adelle H
Outstanding People

"Always kept in touch during the process to let me know what was goiung on."

Lee D
5 Star

"If I ever need a service they offer in the future I will not hesitate to use them again."

Paul
Excellent Service

"Looked after me well and went above and beyond, would recommend."

Alan R
Read More Reviews

Our Memberships

FIBA Member
Association of Finance Brokers
Association of Mortgage Intermediaries

The Personal Finance Centre is a Finance broker and not a lender.

SECURED LOANS ARE SECURED AGAINST YOUR PROPERTY

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSES IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Initial Borrowing Rates from 6.2% pa. We also have a range of plans with rates up to 17.9% pa (variable), allowing us to help customers with a range of credit problems.

Secured Loan Representative Example: If you borrow £15,000 over 10 years at an annual interest rate of 8.83% you would make 120 payments of £213.72 per month. The total amount repayable will be £25,647.00 (This includes a lender fee of £595 and a broker fee of £1,500 which have been added to the loan). Total charge for credit will be £10,647.00.

Overall cost for comparison is 11.83% APRC representative.

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