Secured Loans
What Are Secured Loans Used For?
If you are a homeowner arranging a secured loan can clear your debts, create some funds for home improvements or you could use it for buying a new car or taking the holiday of a lifetime. You can apply for a secured loan online today and get a speedy and discreet decision. The plans below show the sample premiums and repayments depending on your conditions and size of loan.
Personal Advice
Taking out a loan is one of the most complex and important decisions you will ever have to make. You need to be sure that the company you approach has the experience to advise you carefully on the right loan plan for you, personally.
Immediate Decision, No Fees or Setting Up Costs
At Model Mortgages, you can expect an immediate in-principle decision on your application. Your loan will then proceed to completion with the minimum of fuss. What's more, you will not be charged any fees or setting up costs for arranging the loan - not even a valuation fee.
» go to the secured loans enquiry form.
| Typical Repayment Examples |
| 50000 |
400.29 |
507.77 |
662.26 |
828.78 |
1188.29 |
7.9% |
| 40000 |
320.23 |
406.22 |
529.81 |
663.02 |
950.42 |
| 35000 |
280.20 |
355.44 |
463.58 |
580.15 |
831.62 |
| 30000 |
254.84 |
317.81 |
409.87 |
509.66 |
725.52 |
8.6% |
| 27500 |
233.60 |
291.33 |
375.71 |
467.19 |
655.06 |
| 25000 |
212.36 |
264.84 |
341.56 |
424.72 |
604.60 |
| 20000 |
203.70 |
242.02 |
301.66 |
376.70 |
512.06 |
10.9% |
| 15000 |
152.78 |
181.51 |
238.24 |
275.77 |
384.05 |
| 10000 |
101.85 |
121.01 |
150.83 |
183.85 |
256.03 |
| 9000 |
98.61 |
115.11 |
141.54 |
171.12 |
238.13 |
11.9% |
| 6000 |
65.74 |
76.74 |
94.36 |
114.08 |
157.42 |
| 3000 |
32.87 |
38.37 |
47.18 |
57.04 |
78.71 |
|
|
Factors per £1000
|
|
|
PPP Joint Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Single Life Repayment
|
No Cover Repayment
|
|
300 Months
|
121.492
|
8.411
|
76.495
|
8.073
|
60.746
|
7.955
|
7.500
|
|
180 Months
|
151.727
|
10.787
|
95.532
|
10.261
|
75.863
|
10.076
|
9.366
|
|
120 Months
|
193.720
|
14.275
|
121.972
|
13.417
|
96.860
|
13.116
|
11.958
|
|
90 Months
|
237.252
|
18.120
|
149.381
|
16.833
|
118.626
|
16.382
|
14.645
|
|
72 Months
|
281.420
|
22.260
|
177.190
|
20.450
|
140.710
|
19.816
|
17.372
|
|
60 Months
|
325.910
|
26.674
|
205.202
|
24.246
|
162.955
|
23.396
|
20.118
|
|
|
Factors per £1000
|
|
|
PPP Joint Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Single Life Repayment
|
No Cover Repayment
|
|
300 Months
|
128.444
|
8.947
|
80.872
|
8.570
|
64.222
|
8.438
|
7.929
|
|
180 Months
|
157.785
|
11.277
|
99.346
|
10.707
|
78.893
|
10.508
|
9.740
|
|
120 Months
|
199.266
|
14.751
|
125.464
|
13.844
|
99.633
|
13.526
|
12.300
|
|
90 Months
|
242.534
|
18.602
|
152.706
|
17.257
|
121.267
|
16.787
|
14.971
|
|
72 Months
|
286.545
|
22.756
|
180.417
|
20.879
|
143.272
|
20.222
|
17.688
|
|
60 Months
|
330.933
|
27.188
|
208.365
|
24.684
|
165.467
|
23.808
|
20.428
|
|
|
Factors per £1000
|
|
|
PPP Joint Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Single Life Repayment
|
No Cover Repayment
|
|
300 Months
|
152.125
|
10.819
|
95.782
|
10.290
|
76.063
|
10.105
|
9.390
|
|
180 Months
|
178.352
|
12.973
|
112.296
|
12.246
|
89.176
|
11.991
|
11.009
|
|
120 Months
|
217.942
|
16.385
|
137.223
|
15.299
|
108.971
|
14.919
|
13.453
|
|
90 Months
|
260.215
|
20.242
|
163.839
|
18.694
|
130.107
|
18.152
|
16.063
|
|
72 Months
|
303.627
|
24.433
|
191.172
|
22.325
|
151.813
|
21.588
|
18.742
|
|
60 Months
|
347.624
|
28.918
|
218.874
|
26.155
|
173.812
|
25.188
|
21.458
|
|
|
Factors per £1000
|
|
|
PPP Joint Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Single Life Repayment
|
No Cover Repayment
|
|
300 Months
|
162.776
|
11.683
|
102.489
|
11.078
|
81.388
|
10.866
|
10.048
|
|
180 Months
|
187.602
|
13.753
|
118.120
|
12.948
|
93.801
|
12.667
|
11.580
|
|
120 Months
|
226.284
|
17.129
|
142.475
|
15.958
|
113.142
|
15.549
|
13.968
|
|
90 Months
|
268.067
|
20.983
|
168.783
|
19.340
|
134.033
|
18.765
|
16.547
|
|
72 Months
|
311.181
|
25.186
|
195.929
|
22.972
|
155.590
|
22.197
|
19.209
|
|
60 Months
|
354.980
|
29.691
|
223.506
|
26.810
|
177.490
|
25.802
|
21.912
|
|
|
Factors per £1000
|
|
|
PPP Joint Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Single Life Repayment
|
No Cover Repayment
|
|
300 Months
|
195.059
|
14.389
|
122.815
|
13.519
|
97.529
|
13.215
|
12.041
|
|
180 Months
|
215.786
|
16.194
|
135.865
|
15.130
|
107.893
|
14.757
|
13.320
|
|
120 Months
|
251.571
|
19.436
|
158.396
|
17.989
|
125.785
|
17.482
|
15.529
|
|
90 Months
|
291.735
|
23.262
|
183.685
|
21.316
|
145.867
|
20.635
|
18.008
|
|
72 Months
|
333.848
|
27.488
|
210.200
|
24.940
|
166.924
|
24.048
|
20.608
|
|
60 Months
|
376.979
|
32.043
|
237.357
|
28.794
|
188.490
|
27.657
|
23.270
|
|
|
Factors per £1000
|
|
|
PPP Joint Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Joint Life Repayment
|
PPP Single Cover / Premium
|
Single Life Repayment
|
No Cover Repayment
|
|
300 Months
|
216.584
|
16.265
|
136.368
|
15.193
|
108.292
|
14.817
|
13.369
|
|
180 Months
|
234.775
|
17.895
|
147.821
|
16.635
|
117.387
|
16.193
|
14.492
|
|
120 Months
|
268.551
|
21.029
|
169.088
|
19.380
|
134.276
|
18.803
|
16.577
|
|
90 Months
|
307.543
|
24.823
|
193.638
|
22.660
|
153.771
|
21.903
|
18.984
|
|
72 Months
|
348.915
|
29.053
|
219.687
|
26.270
|
174.458
|
25.295
|
21.538
|
|
60 Months
|
391.546
|
33.633
|
246.529
|
30.128
|
195.773
|
28.901
|
24.170
|
|
