Boat loan calculator
This calculator will allow you to figure out your boat payment on different loan amounts, interest rates, taxes, and insurance.
Easy 5 Step Process:
- Enter the amount of the loan you will need.
- Enter the current interest rate for the loan.
- Enter the number of years the loan will be financed.
- Enter the sales tax rate for your state.
- Enter the amount of the boat insurance policy.
Note:
Downpayments are usually between 10% and 20%.
Fixed rate loan terms are often 10, 15 or 20 years.
Boating ebook- boating secrets uncovered
Here you can find a free usefull ebook about boating. It’s a guide to get complete family experience of boating.
National marine bankers association
http://www.marinebankers.org/index.php?option=com_sobi2&catid=2&Itemid=10
a list of members of the NMBA association. The benefits of financing with a NMBA member-
Realistic Down Payments – financing with down payments typically in the 10 percent to 20 percent range.
Help with Used Boat Loans - getting help with a loan for a pre-owned craft can be taken care of quickly and knowledgeably.
Faster Credit Decisions - You can apply for a loan and be approved often in a few hours.
Longer Financing Terms - terms generally will be more attractive than those offered by lenders not actively making boat loans.
Lower Monthly Payments – NMBA members tend to extend longer terms on boat loans. That means monthly payments are likely to be much lower than you had expected.
More Electronics and Extras - finance optional equipment, electronics, extended service plans and life/disability insurance coverage with your purchase.
Sales and personal property taxes – most new boat sales are subject to sales and or property taxes, and used boat sales may also be taxed in entirety or by varying methods.