Loan Calculator
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Do you have a specific number in mind for making those home renovations or other expenses like a kitchen remodel and pool financing? Try our free calculator and find out if the renovation loan is for you. 

Home Improvement Loan Calculator


Our Home improvement loan calculator helps you to purchase loans to fix your home, especially with the extremely low finances, you have at present. Thanks to our free calculator! If you wish to accomplish your home improvement goals even if you have bad credit or no finance, You can trust Your Own Funding to instantly predict your loan approval chances online. 

Our calculator for home improvement loan estimation builds up your confidence over your loan decisions. Just as you came confidently enough for financial support from home improvement loans with bad credit. It ensures your confidence for a loan approval before you even actually apply for a loan.

Did you know Calculating your payments on home remodel loans can tell you how they will fit into your budget?

If you are ready to use our free calculator for home improvement loan estimation, start here. Here you will learn-

– Why do you need a home improvement calculator?
– How this home renovation loan calculator will help you?
– What do you need to Do to use this free calculator
– Why Use the home improvement loan calculator
– Understanding renovation loan results

Home improvement loan calculator will help you go for Home improvement loans


Home renovation loan calculator: Why do you need it

Home improvement loans calculator is needed during home improvement loan decisions. A home is a Pandora box full of happy moments, endless memories, touching instances in your life, and so much more. Transforming a house into a home is easy. However, the initial steps of designing a house, the construction, and some renovation can take hundreds of dollars out of your pocket.

You might not be able to get large amounts by yourself. Most of the costs involved in designing a home and/or remodeling require deposits in advance. What will you do if you do not have large sums of money waiting for you at the bank? What will you do if you do not have a regular income? You cannot leave home to deteriorate; after all, it is a part of your life. Tarnishing your home would never be on your agenda. It is the place you go for peace and tranquility away from everyday life.

So, what can you do in an instance like this?

Our calculator can help you. Well, do not worry! Your Own will lead you to your perfect home quite literally.

Credit Score Overview for Home Improvement Loan

 FICO Credit Score  Rating
 720 and Higher  Excellent
 690 to 719  Good
 630 to 689 Fair
 300 to 629 Bad

How Home Improvement Loan Calculator helps you?


Our Home renovation loan calculator makes the procedure easy by letting you compare how much you can save and need to repay after taking out your loans.

Home improvement loans calculator

With the help of a home improvement loan calculator, Your Own calculates your costs, your needs, and your expectations like when do you plan on paying back the loan and with what interest rates, etc. This calculator is simple and easy to use. It would not be a worrisome task that only causes you to have stress. Your Own exists only to take your troubles away.

With our free calculator service, we will be able to provide you with costs to renovate a house. Here at Your Own, we connect you with lenders who provide you loans for your home remodeling plans.

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How Home Improvement Loans Calculator Work

Our calculator allows you to estimate on the basis of the amount you want to borrow and the number of weekly payments as you mention in the calculator itself. This will give you a choice over how to want to handle the repayment on the loan. This calculator asks you to fill 2 pieces of information i.e.

1. Amount to Borrow
2. Number of Bi-Weekly Payment

After you hit the calculate button you will get the following results-

1. Your estimated amount of each payment
2. and the total amount to owe

An Example using this calculator

Let us say you decide that you need $30,000 to complete home improvement on your property. You wish to determine what the monthly payment will be if you take a loan. You can use this calculator and estimate by choosing both Amounts to Borrow: and the Number of bi-weekly payments.

You will start entering:

  • Amount to borrow- $30,000
  • Number of Bi. Weekly Payments- 4

The calculator will show you 2 results

  • Amount of Each Payment: $14,026.64
  • Total Amount to Owe: $56,106.56

How much amount you can borrow?

Your Own Funding’s personal loan calculator for home improvements tells you the maximum amount. It will be easy for you to know how much you will need to pay on the basis of loan amount and interest rates. Your ability to borrow the amount can be determined by two major factors. The first factor is your geographic location and the second one is your credit history. Before you decide to borrow the amount you should plan everything regarding your home renovation-

While planning to renovate your house, You should meet HUD certain requirements as they will govern the types of rehabilitation covered which mostly includes home remodeling like-

– Major Landscaping work
– Replacing/remodeling flooring and roofs
– Energy and conservation improvements
– Changes in plumbing fitting types

Home renovation loan calculator: What do you need to Do to use it?


Using a home renovation loan calculator is not complicated at all. If You are a potential borrower who must be interested in adding some value to your home, then by using this calculator you will be able to see your monthly payments based on interest and of course the loan amount. Just follow the steps given below. Once you know an idea about the cost of home renovation, the next step is all about deciding on How to pay for it.

Step 1

Begin by entering the amount that you want to borrow in the box labeled, “How much do you want to borrow?”

Step 2

Fill out your information.

Step 3

After that, you will be directed to the page depicting the renovation cost estimator. Specify the period when you will pay back the loan.

Step 4

This will direct you to a list of loans that will give you fund amounts similar to that estimated by this calculator.

Step 5

After carefully reviewing the loan options, you will be able to reach an ideal interest rate. The home improvement loan rate calculator will calculate the principal and interest amount that you would have to pay.

Step 6

Furthermore, you may even calculate the monthly payments that you will have to make for the principal and the interest with the help of the home improvement loan payment calculator.

Step 7

This will direct you to a list of loans that give you fund amounts similar to that calculated by the home improvement calculator.

Our Personal Loan Calculator for Home Improvement is Easy to Use

You only need to fill in your details and the calculator will do all your work. You will know exactly what amount you can borrow, how much you need to pay every week, and can calculate the rate of interest, etc. So go ahead, plan your perfect house renovation with the best design and furniture, without worrying about the financial planning as Your Own is here to help you through it with the Home Improvement Loan Calculator. With this calculator, your dream home just a few steps away. Our free to use home improvement loans calculator tells you the maximum. Just fill in the amount you want to borrow and No. of Bi. weekly payments. and it’s done.

Home Renovation Loan Survey (From Past Year)

More than 75% of homeowners had renovations 

The average Budget Spent was $11,473

More than 45% of homeowners had Outdoor home improvements

Home Improvement Loan Calculator- Why Should You Use?


Whether you are planning to bring about a small change in your house by repainting it, or you wish to fully renovate your home, planning and understanding your financial situation is a must. Many times people forget to take into consideration their income stability, their repayment capabilities, and end up taking wrong financial decisions. But with our free calculator, you no longer need to worry about these issues.

A home loan will help you a great deal by providing you with funds that you can use for home and kitchen remodeling and innovations. Putting aside the applying, the approval, and the accessing process, you need to plan first. Planning goes a long way. This is for various reasons. Some are explained below. They are as follows:

Better Planning With The Home Renovation loan Calculator And The Kitchen Remodeling Budget Calculator

Even in the case of home and kitchen innovations, using genuine home improvement loan calculator and kitchen remodeling cost calculator can help you plan carefully and accordingly to better use and manage your finances.

Direct The Usage Of Your Funds In An Appropriate Manner With The Kitchen Renovation Cost Calculator And Home Renovation Estimate Calculator

This calculator for the home renovation can help you plan how, when, and where to use your loan. It will help you know the right lenders and the interest rates. From this point forth, you may even negotiate with the lender to move the decision in your favor.

Better Plan For The Future And Budget Accordingly

The house remodeling costs calculator and kitchen remodeling cost calculator, as said before, will help you plan better. More importantly than that, the home renovation loan calculator can help you budget and plan for the future accordingly. You can renovate your current home and plan for more homes in the future with us at Your Own

Understanding Home Renovation Loans Calculator Results

Monthly payment: It will tell you to pay each month. If you opt for longer-term then it may lower your monthly payments. Remember, it may also increase the total interest.

Estimated Total Interest- This tells the total amount of interest you will need to pay. The interest rate would totally depend on things like your credit, debts, income. Al these things will determine your ability to pay. As mentioned earlier, if you choose to pay for longer-term then it may increase the total interest.

Home renovation is quite cost-effective than moving to a new home. Just in case you are not sure about what is cost-effective (Home renovation or moving), then you can use this calculator. You can only know it by identifying the actual cost of both. Majorly, that would include the cost of financing. Our calculator will give you that number.

You can choose different combinations by using our free calculator. It will be easy for you to compare different results so that you can exactly know how much you need to borrow.


You will definitely need a loan to complete the process if you are involved in the home improvement project. By using Your Own Funding’s free home improvement loans calculator, you’ll be able to decide how much you can borrow. Most lenders recommend comparing loans to find the lowest rate best loans like fast funding. Your Own Funding provides loans when you have an unfavorable credit score. And guess what, Like other lenders, we will provide you a loan on the same day. To estimate a better repayment amount, use the calculator.

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