Secured Loan Repayment Calculator
This calculator is intended for illustration purposes only and exact payment terms should be agreed with the lender before taking out a loan.
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Making an enquiry will not affect your credit score, no credit search will be carried out unless you decide to proceed and agree to our use of information.
Secured Business Loan Representative Example
If you borrow £25,000 over 10 years at an interest rate of 20.8% APRC (fixed) you would pay £467.98per month. The total charge for credit would be £31,157.60. The total amount repayable would be £56,157.60. A lenders legal and admin fee may be payable which would increase the total amount repayable and the APRC. For loans up to £25,000 the standard fee is £795 and £1395 for larger loans.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT