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Boat loan monthly payment calculator
Find out how much you'll pay each month for setting sail.
Thinking of buying a boat? Use our calculator to find out how much you might owe based on your loan amount, term and interest rate. This can help you compare offers to find the best deal for you.
Boat loan repayments calculator
See how much you'll pay| Your loan |
|---|
| Loan amount |
|
$
|
| Loan terms (in years) |
|
|
| Interest rate |
|
$
%
|
Fill out the form and click on “Calculate” to see your estimated monthly payment.
or
Compare personal loans nowBased on your loan terms...
You can expect to pay back $ per monthThis breaks down to...
$ in principal and $ in interest charged, with a total cost of $ Compare personal loans nowHow to use this boat loan calculator
- Enter how much you want to borrow under Loan amount.
- Type in your loan term in years (not months) under the Loan terms field.
- Enter the loan’s interest rate if it doesn’t come with any fees under Interest rate. If your loan does come with fees, enter the annual percentage rate (APR), which includes interest and fees combined.
- Click Calculate.
- Review your results.
Not only will our calculator show your monthly repayments, but also how much you’ll pay in interest over the life of your loan.
Compare loans for your new boat
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Bottom line
When you’re choosing a loan to finance your new boat, knowing how much you’ll pay in the short and long run is crucial to figuring out which is the best deal. You can learn more about the different offers out there by reading our guide to boat loans.
Need to calculate something different? Check out our full list of personal finance calculators.
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