🔒 Secured Loan Calculator

Calculate secured loan payments and compare rates for loans backed by collateral such as savings, vehicles, or property

Enter your loan information to calculate payments

Loan Amount ($)

Annual Interest Rate (%)

Loan Term (Years)

Extra Monthly Payment ($)

• Make extra principal payments to reduce total interest

• Consider bi-weekly payments instead of monthly

• Shop around for the best interest rates

• Improve your credit score before applying

• Results are estimates for comparison purposes

• Actual rates may vary based on credit and lender

• Consider additional costs like insurance and taxes

• Consult with financial advisors for major decisions

1. Enter desired loan amount

2. Input collateral value

3. Set secured loan interest rate

4. Compare with unsecured options

5. Calculate monthly payments

6. Analyze collateral risk vs savings

✓ Collateral value assessment

✓ Secured vs unsecured comparison

✓ Lower interest rate benefits

✓ Risk analysis tools

✓ Loan-to-value calculations

✓ Asset protection considerations