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Evolution Money
Customer Enquiries 0161 814 9158
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See for yourself just how affordable our loans are.

Online secured loans calculator

Home > Help & Advice > Loan Calculator

Our loan calculator can be used as a guide and will show you an example of typical monthly repayments and total repayable when a loan amount and loan term is selected.

Before you go ahead and submit an application for a secured loan, it’s worth trying out our nifty loan calculator first. The calculator allows you to select a total loan amount and repayment period, which is then converted into a typical monthly repayment period with a typical rate of interest applied. This allows loan applicants to evaluate their current financial situation and get a much clearer view of the value of loan they are able to afford before they submit a formal application.

Plus, it’s really easy to use! Simply select the total amount you’re looking to borrow from the drop-down menu – whether that’s a £1,000 loan, a £5,000 loan or a £10,000 loan. Our maximum secured loan amount that you are able to borrow is £25,000. You will then also need to select a repayment period that suits you. This ranges from over 12 months to over 180 months, though the interest rate is liable to increase the longer the long repayment period you choose.

From there, the calculator will generate the typical APRC interest rate to show the total repayable and the typical repayments that you’re due to pay each month. Try it out for yourself below…

So, for instance, let’s say you are looking to apply for a £2,000 loan which has a repayment period of over 24 months, though you have a poor credit rating and have been refused credit elsewhere. At an estimated 67% APRC added interest rate, you would be due to repay a total amount of £3267.36, which works to a monthly repayment schedule of £136.14 for each month of the loan period.

Whichever loan amount you’re looking to borrow, it’s important to be aware that this calculator provides our customers with an estimate based on an average customer’s financial situation and credit rating. The figures may, therefore, be subject to change in lieu of your own individual situation once we have evaluated all necessary factors.

In order to receive an exact quote for the terms and conditions of your own secured loan, it’s best to give one of our expert loan advisors a quick call today on 0161 814 9158 to talk through your credit needs.

* Evolution Money is a responsible lending partner, therefore loans applied for through Evolution Money are subject to affordability checks and further criteria being met by the applicant. T & Cs apply.

Warning: Late payment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

How our customers rate us

We’re proud of the high standard of our customer service and believe that each of our customers should be treated as an individual.
Evolution Money 90 out of 100, based on 112 reviews over the past year. 112 user reviews. Read our reviews

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Our Address

Evolution Money,
9 Portland Street,
Manchester,
M1 3BE


Registered Company Number: 06987852

Contact by Phone

General Enquiries:
0161 814 9158

Complaints:
0161 814 9165

Contact by Email

Evolution Money Limited is a licensed credit broker and service provider to Evolution Lending Limited. If your application doesn’t meet the underwriting requirements of Evolution Lending Limited we may pass your information to other lenders and brokers. Evolution Money Limited is a company registered in England & Wales, registration number 06987852 and registered at 8 St John Street, Manchester, M3 4DU. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.

© 2018 Evolution Money | Cookies | Complaints Policy | Breaking Down Our Loans | Terms & Conditions | Fair Processing Notice
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Fair Processing Notice

Who we are:

Evolution Money Ltd, Progressive Money Ltd and Evolution Lending Ltd are all wholly owned subsidiaries of Darwin Loan Solutions ('the Group').

We take your privacy seriously and will only use your personal information to

A) Discuss loan offers and provide you the products and services you have requested.
B) If you become our customer it will also be used to manage your loan.

We'll keep your details for up to 12 months to enable us to help you with your loan enquiry. If you don't become our customer we will delete your enquiry details unless regulations say we must keep them for longer.

This won't change any marketing preferences you've already chosen.

How we control and process your data:

Our companies hold and process your personal data in accordance with Data Protection law in the UK. We are committed to maintaining the privacy and protection of all personal data collected in connection with our broker and loan services. We may share your information with credit reference agencies and other companies for use in credit decisions, for fraud prevention and for collection purposes.

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We would love to tell you from time to time about offers and special deals on loans, insurance products and utility services which may save you money.

If you're happy to be contacted about these, please click the boxes to tell us how you want us to get in touch with you.

You can change how we contact you at any time by simply getting in touch with us on FPNandmarketing@darwinloansolutions.co.uk or 0161 814 9210.

Your choices do not affect your enquiry/loan application in any way.

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We would love to tell you from time to time about special offers and deals from our carefully selected partners.

If you're happy to be contacted by them please click the boxes to tell us how our partners can get in touch with you.

You can change how we contact you at any time by simply getting in touch with us on FPNandmarketing@darwinloansolutions.co.uk or 0161 814 9210.

Your choices do not affect your enquiry/loan application in any way.

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Please read the full details of our Fair Processing Notice including Credit Reference Agency Information Notice (CRAIN) Click here to see a copy of the CRAIN.

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Evolution Money are a multi Award Winning UK finance company with thousands of happy customers!

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Our friendly loan advisors can let you know if you're eligible for a loan without affecting your credit score. Why not give us a call today!

Freephone 0800 144 8188

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