Mortgage Repayment Calculator

Our calculator is for illustrative purposes only and exact payment terms should be agreed with a lender before taking out a mortgage.

Monthly payments:

Total repaid:

Cost of credit:

Mortgage repayment schedule

Asumming your interest rate remains the same this is how your debt will reduce and equity increase.

Mortgage overpayment calculator

You may be able to reduce your mortgage term by increasing your monthly payments or by making a lump sum payment – check with your lender first.
Please ensure your monthly payment is higher than the original amount

or

By increasing your monthly payments you could clear your mortgage earlier than expected

By paying a lump sum you could clear your mortgage earlier than expected

Total repaid:

Cost of credit:

Total savings:

Get a deal on a mortgage with Ocean

To proceed with a mortgage quote, use the form on the right to enter how much you want to borrow, the value of the property and a few other details, and we'll give you a call back to tell you how much the best deals from our panel of lenders would cost each month.

It can be difficult to compare mortgages by looking at interest rates and arrangement fees alone, so getting a realistic quote that shows how much you'll actually pay each month can help make your decision a whole lot easier.

Please give us your contact details so we can talk through your application

Your mortgage details

Please select a mortgage type.
Please select a mortgage purpose.
Please select a mortgage term.
Please enter a mortgage amount.
Please enter a property value.

Your personal details

Please enter your first name.
Please enter our surname.
Please enter your phone number.
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As part of our service Ocean Finance and other companies within the Think Money Group may send you updates, including via email and SMS, about latest products and services that may be of interest to you. If you do not want to receive this information, please untick this box.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENT ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Ocean Mortgages arranges mortgages and re-mortgages from a panel of lenders. Ocean Mortgages will receive a commission from the lender upon completion. Ocean Mortgages charge a broker fee of between £495 to £1995 for advising and arranging a mortgage. This fee is only payable upon completion, is non-refundable and dependent on the product taken. Mortgages available subject to status. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

Based on Feefo.com reviews - 99% of customers who left an Ocean Finance review recommend us with an average rating of 4.9 out of 5 from 537 reviews left by Ocean Finance customers (as of July, 2016)