See your monthly repayments

Whatever you need a loan for – whether you’re looking to make a big purchase, spruce up your kitchen with some home improvements, or to consolidate your debts – an Ocean loan could help.

One of the most important things to know when you’re looking at taking out a loan is how much you’ll have to pay back each month. Use our quick loan repayment calculator to get an estimate of how much your repayments will be. We just need to know a few things, like how much you want to borrow, and how long for, and we can then show you your estimated repayments.

The different types of loans

Homeowner loans

A homeowner loan, also called a secured loan, is secured against your property, so you have to own your own home to be eligible to take one out. They range from £10,000 to £100,000 and you can repay them over 3 to 25 years. As they are secured against your home, it could be at risk if you fail to meet your monthly repayments. Take a look at our homeowner loan calculator to get an estimate of monthly repayment amounts.

Homeowner loans are secured against your property. We are a broker and we arrange secured loans from a panel of lenders. We receive commission upon completion. A fee of 10% of the net loan amount, set at a minimum of £995 and capped at a maximum of £3995 is payable upon completion and can be added to your loan. Loans are subject to status, the rate you are offered may change based on your individual circumstances.

Personal loans

With a personal loan, anyone can apply as no security is needed. They’re usually for smaller amounts than homeowner loans – from £100 to £10,000 and can be repaid over 3 to 60 months, depending on how much you borrow. Be sure to use our personal loan calculator to see how much repayments may be.

Unsecured loans: 49.9% APR Representative (variable). Ocean, a trading style of Intelligent Lending limited. We are a broker, not a lender. To find you a loan, we work with a preferred lender panel as well as panels operated by other brokers. We will search the lenders in order of who offers the best representative APR, first from our preferred panel and then from the panels of other brokers.