See what you could borrow, and what you could save.

The calculator uses live rates from real lenders, so the figures are a strong indication of what's available. Your actual rate will depend on your individual circumstances, including your credit history, income, property value, and existing mortgage balance. For an exact quote tailored to your situation, use our free quote tool.

No. The calculator does not run any credit checks. It uses the information you enter to estimate payments based on current market rates. Even when you move to the personalised quote stage, Albot uses a soft search that does not appear on your credit file. A full application with a lender will include a credit check.

Yes, and it's the most common reason people take out a secured loan. You can consolidate credit cards, personal loans, car finance, and other debts into one monthly payment. Many first charge mortgage lenders restrict debt consolidation as a purpose, which is why a secured loan (second charge) is often the better route. Your adviser will confirm whether this is the right option for you.

A secured loan uses your home as security, which means lenders can offer more money (up to £1.5m), lower rates, and longer terms (up to 30 years). Personal loans are unsecured, typically cap at £25,000 with terms up to 7 years, and often have higher rates. The trade-off: because a secured loan is tied to your home, your property may be repossessed if you don't keep up repayments.

Often, yes. Because the loan is secured against your property, lenders can be more flexible about credit history. Many specialist lenders consider applications from people with missed payments, CCJs, defaults, or other credit issues. Rates may be higher, but options are frequently available where personal loans would be declined. Your adviser searches across specialist as well as mainstream lenders.

No. A secured loan sits alongside your existing mortgage as a "second charge". You keep your current mortgage deal exactly as it is. This is particularly useful if you're on a good rate you don't want to lose, or if remortgaging would mean paying early repayment charges.

Your home may be repossessed if you do not keep up repayments on your mortgage. Lenders will usually try to work with you if you're having difficulties, so it's important to contact them early if you have any problems. Only borrow what you can comfortably afford.

It is a guide based on your income and outgoings, capped by the equity in your home. Lenders each make their own detailed affordability and credit checks, so the amount you are offered can differ. Treat it as a starting point rather than an offer.

Yes. The Live Rates view shows plans from our lender panel's live feed, the same data our advisers work from, sorted with the lowest rate first. Rates change regularly, and the plan you qualify for depends on your circumstances.

Secured loans are limited by the equity in your home. Most lenders will lend up to a set share of your property's value across your mortgage and the new loan combined, so the calculator caps your figure once you reach that point.