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 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.

What types of loan do Ocean offer?

We offer two different types of loan – homeowner and personal.

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 £250,000 and you can repay them over 3 to 30 years. As they are secured against your home, it could be at risk if you fail to meet your monthly repayments.

We arrange secured loans from a panel of lenders. We will receive a commission from the lender upon completion. A fee of 12.5% of the net loan amount, capped at £2975, is payable upon completion. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

Personal loans

With a personal loan, anyone can apply as no security is needed. They’re usually for smaller amounts than homeowner loans – from £2,000 to £5,000 and can be repaid over 2 to 4 years, depending on how much you borrow.

Unsecured loans : 44.9% APR Representative. Ocean is part of Intelligent Lending Limited. We are a broker for the Ocean personal loan. R Raphael & Sons Plc are the lender. We will not charge you for arranging your personal loan but, if your application completes, the lender will pay us for our services.