Small / Large Personal Loans & Secured Loan Calculator.
Calculate Loan Repayments & See Total Payable.
25 Year Experience, Free Quotes & Any Purpose.
Personal Loans, Guarantor Loans, Secured Loans & Mortgages.
Get Help Budgeting From £500 To £1 million.
Discounts Available For Settling Personal & Secured Loans Early.
Monthly Repayments (£):
Total Amount Repayable (£):
Please feel free to alter the values in the loan repayment calculator. Note: Extending the loan term at a chosen rate will make the loan more affordable monthly but will increase the total amount repayable. Secured loans may go up to 25 year & unsecured loans may go up to 6 year terms. The interest rate you will receive will be dependent upon a number of factors including but not limited to: term of loan, amount borrowed and your individual circumstances.
Use our simple, no obligation personal and secured loan calculator to get free quotes on any purpose unsecured and secured loans from £500 to £150,000. No credit search is needed for the calculator, so whether you are seeking a larger secured loan of up to £100,000 or a smaller unsecured personal loan from £500 we could help you. Find out the monthly cost of your personal unsecured, homeowner secured or tenant loan and see the total amount payable at different APR`s. Change the loan amount you would like (in pounds), the term of your loan (repayment period in years) and the interest rate (in percentage to one decimal place) to understand how the payments will change. Money borrowed can be used for virtually any purpose. We have been arranging loans for over 25 years, so when you are ready to get a calculated personalised no obligation free quote for your loan scenario give our loan team a call on 0800 298 3000 (free phone) or 0333 003 1505 (mobile friendly), alternatively put your contact details in the calculator above or complete our short on line enquiry form. Loans are available for tenants and homeowners, also bear in mind that if you have someone who is prepared to back you up for a loan, in that they will meet your calculated loan repayments if you are unfortunately unable to, and you do not believe you can qualify for a loan on yur own then you can also consider a guarantor loan. Alongside our personal, secured loan and remortgage options guarantor loans give an alternative way to obtain the money your require, funding options are available for £1,000 to £12,000, for example take a look at £10,000 Loan Plans . .
Loan Rates Calculator
The interest rate on your loan will depend on your individual circumstances, those with a good credit history could find themselves with a low interest rate loan, but some loan providers consider many different aspects of applicants, so even if you have some credit blemishes you may still qualify for a decent rate. Our loan calculator allows you to try various loan rates so you can see the difference in monthly repayments and total cost of the loan over the full term (if the loan is repaid early this would significantly reduce the total cost of the loan)
Bank Loan Calculator
If you have already received a quote for a bank loan please feel free to use our calculator to compare your bank loan with other loan plans or just to see what else you may want to apply for instead. Our free loan calculator can be used to try out many different scenarios. Please bear in mind that by extending your loan term you could reduce your monthly repayments but may well increase the total amount repayable. First Choice Finance has been arranging loans for around 25 years and is a leading UK Finance & Credit Intermediary with access to many lenders, some of which do not deal with the public directly. Therefore we can help in a variety of different circumstances including those who may have had trouble getting a loan from a bank in the past.
Home Loan Calculator / Secured Loan Calculator
First Choice Finance specialise in finding loans for home owners and mortgage payers, these are often in the £10,000 to £35,000 range spread over 5 to 9 years, but larger loans of up to £100,000 over longer loan terms from 5 to 25 years are also available. Using our calculator as a secured loan calculator allows you to try various different amounts / terms and interest rates to see what the cost of a loan may be.
Car Loan Calculator
There are not many of us who get through life without taking out a few car loans along the way. Even the motorbike riders and van drivers will probably need to use some vehicle finance along the way because these are quite major purchases. Fortunately loans from First Choice Finance can be used for almost any purpose including van, motorbike, chattel (caravans) or car finance. You may want to compare the finance options offered by a car dealership to a car finance loan from First Choice Finance you may find it cheaper than you thought. Give us a call or send us the short enquiry form online and we will work on the best quote we can get for you.
Bad Credit Remortgage Calculator vs Loan Calculator
Lenders in the UK mortgage, secured loan or and personal loan market all have their own quirks as to which market area they are after. However all of these to some degree are likely to have a significant element of rate for risk. This can simply mean that a lender has a higher rate of interest generally because it seeks out people with a bad credit history and therefore expects a higher default rate, in effect those that do pay compensate for those that do not. Other lenders have multiple tiers of products and calculate which rate you qualify for based on your credit history, income, employment and residential history amongst other factors. The concept here is all about lenders offering you a rate that is lower the less risk `they` perceive their money will be at of not coming back to them if they lend it to you. Because remortgages offer a very high level of security to the lender, in that subject to equity being available in the home secured on, a lender can seek possession to recover it`s monies from you - it then follows that a bad credit remortgage can be the lowest form of borrowing (in terms of rate) you would see compared to a loan calculator for a given amount if you qualify for that route. The clear negative aspect is that the security offered by you ultimately means you are putting your home on the line if you do not pay the mortgage back in full.
Calculate cost of a secured loan
Using a secured loan calculator can be very handy if you`re thinking of consolidating your debts, but it`s also useful if you`re using your homeowner loans for other reasons too.
Bear in mind secured loans are there for homeowners and mortgage payers to raise money for almost any purpose.
When you`re considering debt consolidation, the main thing that you want to do is reduce your monthly outgoings so that you`ve got a bit more financial freedom and a bit less stress.
With this in mind, you need to know that the secured loan you take out will mean paying back less each month than your existing unsecured, loan or credit card debts you wish to clear.
That`s where the secured loans debt consolidation calculator can help, as it`ll let you enter your current outgoings on things like car and credit card repayments, as well as the total you need to pay back.
You can then adjust the debt consolidation loan amount, interest rate and the length of time you`ll be paying it off until you`re happy with the repayment total.
The loan calculator will show you how much your payments could be reduced by taking out a secured loan at a given rate, but you need to bear in mind that you may end up paying back more over the course of the loan if you choose to pay it back over a long period.
The key is only borrow what you need and can afford to repay.
Of course, you don`t have to use a secured loan to refinance your debts – you may wish to borrow from £3,000 up to £100,000 to pay for something else; like remodelling your home so that it becomes more practical for you to use or perhaps adding extra rooms with a view to adding value when it comes to sell or in light of the family expanding.
Whatever you plan to use your homeowner loan for – either check out the secured loan calculator on firstchoicefinance.co.uk beforehand, alternatively, call us from a landline on 0800 298 3000 or 0333 003 1505 on your mobile.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Security is required on
Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home
First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014.
Have you got a bad credit rating or been declined finance in the past First Choice Finance have a selection of bad credit loans to suit many unique circumstance contact us and speak to one of our loan experts.