YOUR LOAN IS STRUCTURED JUST LIKE YOUR HOME MORTGAGE!
MANY PEOPLE BELIEVE THAT BOAT PAYMENTS ARE ROUGHLY THE SAME AS OWNING A CAR. THEY'RE NOT! BOATS HOLD THEIR VALUE OVER TIME, SO BANKS ARE WILLING TO EXTEND PAYMENT TERMS.
THE LISTING BELOW SHOWS FINANCE AMOUNTS WITH THEIR CORRESPONDING TERMS. ALL BOAT LOANS ARE SIMPLE INTEREST WITH NO PREPAYMENT PENALTY. AND EVERY ADDITIONAL DOLLAR YOU PAY OVER THE REQUIRED AMOUNT IS APPLIED TOWARD PRINCIPLE.
MANY PEOPLE TAKE ADVANTAGE OF THE LONGEST TERM/LOWEST PAYMENT AND PAY EXTRA DURING MONTHS THEY ARE USING THE BOAT. YOU BUILD EQUITY FASTER WITH THIS STRATEGY.
Finance Amount
Finance Terms (months)
Under $5000
Call for Details
$5001 - $7000
1 - 60 months
$7001 - $10,000
1 - 96 months
$10,001 - $20,000
1 - 144 months
$20,001 - $50,000
1 - 180 months
$50,001 +
1 - 240 months
Listed terms are basic guidelines. Maximum term allowed is based on prior credit. Interest rates change weekly.
