• Credit score

A credit score is defined as a number that ranges from 300 to 850. It shows how creditworthy the person is. The higher will be the credit score, the better the chance of that person to qualify for a loan. They will also have chances to get a more favorable rate of interest.

• Loan amount

Loan amount refers to the money a person receives from the moneylender, minus any instigation fee. Debtors which have an excellent credit score and a faultless credit report are generally able to secure a higher amount of loan.

• Loan type

The loan type is a kind of home improvement loan that a person takes from a bank or financial organization in exchange for future repayment plans of the principal amount with interest.

• Interest rate
• Loan tenure

Loan tenure refers to your loan’s period, which is how long it will last if you make the required minimum payments for each installment. https://yourownfunding.com/home-improvement-loan-calculator/