Calculate your monthly boat loan payments and total financing costs
Our boat loan calculator helps you estimate monthly payments and total costs for financing your dream boat. Whether you're looking at a fishing boat, yacht, sailboat, or personal watercraft, this tool provides accurate calculations based on loan amount, interest rate, and repayment term.
Marine financing typically offers longer loan terms than auto loans (up to 20 years) and competitive interest rates for qualified buyers. Use this calculator to compare different scenarios and find the best financing option for your budget.
Input the total purchase price of the boat including any additional equipment or fees.
Enter your down payment amount. Most lenders require 10-20% down for boat loans.
Enter the annual interest rate offered by your lender. Rates vary based on credit score and loan terms.
Choose your repayment period. Longer terms mean lower monthly payments but more total interest.
Click calculate to see your monthly payment, total interest, and overall loan cost.