Secured Loan Calculator
1. Personal Details
Age - What is the age of the oldest applicant?
Credit History
Please select one of the following options to indicate your credit history:
Good – No County Court Judgements or defaults within the last 6 years, and no mortgage arrears for the past 2 years. Other credit obligations have been consistently paid on time, with only occasional late payments.
Average – While there are no current mortgage arrears or County Court Judgements, there might have been in the past. There may have been occasional late mortgage payments within the last year, but none within the last 3 months. Additionally, there might be some instances of late or missed credit payments.
Poor – This category is for individuals with current arrears, missed credit payments, defaults, County Court Judgements, and mortgage arrears.
2. Loan Requirements
Amount Required - How much would you like to borrow from us? All set up costs will be shown in the results.
Term Required - What is the longest amount of time you would like to take this loan out for? You can choose from 3 to 25 years, this term may be reduced based on the age of the oldest applicant.
3. Property Details
Property Value - What is the market value of your home? If you do not know we would be happy to help with this.
Mortgage Balance - Is there any mortgage left on this property? If so, how much would there be at the time you would receive your loan? An approximate figure is fine, if there is none left enter 0.

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 6.69%
Total Costs
Loan Amount Loan Amount - This is the amount that you have asked to borrow. £ 0
Loan Term Loan Term - This is the full term that the loan can run for. Years
Interest Rate Interest Rate - This is the amount of interest that will be charged annually. 6.69 %
Loan To Value (LTV) Loan To Value (LTV) - This percentage is worked out by adding the first charge mortgage and second charge loan together and then showing it as a percentage of the property value. This percentage shows the amount of equity being used in your home. NAN %
Broker Fees (10%) Broker Fees - Our broker fee is 10% of the Loan amount, however we cap this at £4000. This gets added to the gross loan amount. £ 0
Lender Fee Lender Fee - The lenders charge this fee, which gets added to the gross loan amount. £ 595
Gross Loan Amount Gross Loan Amount - This value is the total loan facility and is what the interest rate is applied to when calculating monthly charges. This is the total sum of the loan amount, broker fee and lender fee. £ 595
Total to Repay (if full term) Total to Repay - If the loan runs full term with all payments made on time this is the total cost to pay it back. If paid earlier however, this value will be reduced. £ nan
Interest Only Interest Only - This value is taken by working out the monthly interest of the Loan amount and is the interest only repayment figure. £ 0
APRC APRC - Annual percentage rate of charge is a more comprehensive repayment value. It includes not only the loan's interest rate but also any extra fees or charges tied to the loan, such as arrangement fees or insurance expenses. nan %
Monthly Repayment Monthly Repayment - This is the amount to be paid each month based on the terms of the loan and includes interest and capital payments. This value varies depending on credit history and LTV. £ inf

The minimum you can borrow is £5,000

Please update the amount you wish to borrow.

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!”

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:

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 2 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 2 months (1st January to 29th February 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."

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.



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.

Copyright 2023, All Right Reserved, The Personal Finance Centre

Privacy & Your Rights | Terms and Conditions | Vulnerable Customer Support