Home improvement loan calculator
Thinking about a new kitchen? That extension you’ve always wanted? Lofty ambitions to turn your attic into a home office?
Whatever you’re planning to do, you can find out how much it’ll cost you to borrow what you need with our home improvement calculator. It only takes a few seconds, too.
Based on the value of your property and the amount outstanding on your mortgage, the maximum you could borrow is £.
Ready to apply for a home improvement loan?
Whatever you’re planning, we’re here to help you get it funded as quickly and easily as possible.
We’ll help you search through thousands of loans from hundreds of lenders to find an offer that ticks all of your boxes.
Your home improvement loan questions, answered
What is a home improvement loan?
A home improvement loan is a loan that you take out to improve your property. Usually, people do this with an eye to improve the value of their house or make it easier to rent out, but some people just do it to make their home a little nicer to live in.
What are typical home improvement loan rates?
This is a tricky question to give a straight answer to, because there are so many variables. Your rate will depend on lots of factors, like your credit score, how much you’re looking to borrow, whether you’re applying for an unsecured loan or using your house as collateral…
The simplest way to get an idea of the rates you’ll qualify for is to have a chat with one of our expert advisors. They’ll search thousands of deals and help you get an idea of what loans you’ll be accepted for.
How do I go about getting a home improvement loan?
There are lots of ways to get a home improvement loan. You can go to your bank, apply on line, search through comparison sites, go through a broker…
The simplest way, however, is to have a chat with one of our expert advisors. They’ll search thousands of deals and help you get an idea of what loans you’ll be accepted for in less than 10 minutes.
Are there different types of home improvement loans?
Just like any loan, home improvement loans are broken down into unsecured and secured loans. Which one is right for you, of course, will depend on what you’re looking for. Unsecured home improvement loans have less risk, but usually mean you can borrow less or have higher interest rates. Secured home improvement loans use your house as collateral to let you borrow more money or have better interest rates.
Should I get a home improvement loan or a remortgage?
This is a tricky one, and the answer depends on your situation. Things like how long you want to borrow the money for, how much you need, your credit score, how much of your house you’ve paid off and how quickly you need the money all play a big part in deciding whether a home improvement loan or a remortgage is better for you.
(Although, at the end of the day, both will get you the money you need to do up your property.)
The simplest way to find out which is right for you is to have a chat with one of our expert advisors. They’ll search thousands of deals and help you get an idea of what loans you’ll be accepted for in less than 10 minutes.
Can I finance a house extension with a home improvement loan?
Absolutely. You can use a home improvement loan to do anything you need to improve your property, from replacing flooring to extending to completely renovating from top to bottom.