Boat Loans
Whether you want to finance or obtain a loan for a new or used trailer boat, cruiser boat or jet ski from a dealer or private seller, we have loan solutions to get you sailing sooner.
Why Obtain a Boat Loan from natloans?
Our panel of lenders have specialised marine and boat finance products to get you in the water as soon as possible.
We look at your individual circumstances to determine which loan product is the best of you so that you can get out on the water sooner.
We can understand that not everyone has a huge deposit to put towards your boat loan. We have specific loan products to help you.
Apply online in less than to minutes so that you can get pre-approval and start shopping for you new boat. By getting pre-approval you will have cash in your pocket which means that you will be able to bargain with the dealer.
Benefits of a Boat Loan with natloans
- Get an answer within 10 minutes*
- Great interest rates
- $0 monthly fees*
- $0 penalty on extra payments
- Fixed rates, fixed repayments
- New or used boat loans available
- Loan terms up to 5 years
- Straightforward, professional service
- Dealer and Private sales are welcome
Boat Loan Calculator
Work out your boat loan repayments with our boat loan repayment calculator.
A boat loans calculator will help you estimate how much you can expect to repay each month.
Simply type in the amount you would like to borrow in loan amount field. Then choose a period you would like the boat loan to run over. Next you’ll need to enter an interest rate. You can refer to the boat interest rates below for our up to date interest rates. You have the option of a balloon - A balloon is a larger amount of money than your regular repayments, which is made at the fruition of the loan. A boat loan balloon will ensure that your repayments are lower but you need to make sure you are able to pay for the balloon.
Boat loan interest rate
Not only do we provide competitive, low cost loan solutions, we also have a full range of insurance products including boat insurance, cash assist and shortfall insurance, extended warranties, and a full of products to protect your loan and give you peace of mind.
Naturally people think of the rate being the most import factor when considering boat finance. While the rate is very important you also need to factor in other fees and charges that are included in the loan package such as early termination fees, establishments fees, pentiles for extra payments and monthly fees. And yes they all do add up.
How do we rate against the banks?
Our Rates |
The Banks |
|
|---|---|---|
| Cars from | 8.27%* | ANZ Personal Loan rates from 13.89%† |
| Bikes from | 8.95%* | Westpac Personal Loan rates from 13.89%† |
| Boat from | 8.75%* | CBA Personal Loan rates from 13.80%† |
| Commercial from | 7.75%* | NAB Personal Loan rates from 13.40%† |
Below are some factors that can determine the interest rate for boat finance.
The finance company will first look at the age of the boat you wish to purchase. Most finance companies including banks have different interests for new and used boats. A new boat will attract a lower interest rate usually no older than 7 years. Then we look at the wether the boat loan will be secured personal loan, unsecured personal loan or if it will be used for a business. A secured personal boat loan will again, attract a lower interest rate at the finance company has security over the boat and will require you to take our full comprehensive insurance which is what you would want anyway. Typically a boat loan will be between 5 and 7 years.
Apply online for a boat loan
It takes just a few minutes to apply! Our mission is to provide you with the highest level of service and the best loan and insurance solutions for your next boat purchase.
*Terms, fees and conditions apply. To approved applicants only. Rates are guide only and assume clear credit.
†rates advised on their respective websites. Information correct as at 18th of September, 2009
