Second charge mortgage · Secured loan

Secured Loan Calculator

Estimate your monthly repayments instantly. Adjust the sliders to see how loan amount, term and rate affect what you pay.

Repayment type

£50,000
£10,000£500,000+
10 years
3 years25 years
7.5%
3%20%

Secured loan rates typically range from 5% to 15% depending on your circumstances.

Your estimated payment

£593.51

Monthly repayment

Total interest£21,221.06
Total repayable£71,221.06
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Representative example

Borrowing £30,000 over 10 years at a representative APR of 8.0%, the monthly repayment would be £363.99. Total amount repayable £43,678.80. Total interest £13,678.80. Security required. Your home may be repossessed if you do not keep up repayments.

What can I use a secured loan for?

Home improvements and extensions
Debt consolidation — one lower monthly payment
Raising capital for business
School or university fees
Buying out a partner
Garden or outbuilding projects

Common questions

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