Boat Loan Calculator | Boat Financing Repayments

Jade Finance makes the decision about what boat to buy a lot easier with our boat finance calculator. While you’re browsing the boat sale sites, flipping through brochures or inspecting a possible at a boat show or marina, you can calculate an estimated repayment on a particular boat on the spot.

Your Monthly Repayment:
$

Quick Quote


Total Number of Repayments
$
Total Interest Paid
$
Balance Remaining

INSTANT ESTIMATES. NO OBLIGATION.

In many cases the decision on which boat you’ll buy comes down to what you can afford or are prepared to pay in monthly instalments. Our handy calculator delivers that monthly repayment estimate into your mobile device, laptop or computer wherever you have an internet connection.

The calculator is a generic device so both private buyers and marine businesses can use the facility. It can be used to calculate estimates on all types of boats, new and used, purchased from dealers, at auction of from private sellers.

EASY TO USE.

So get those boat options lined up and get started on calculating those estimates.

Just enter the data in the fields as indicated. Some fields require essential information. Without data entered in that field, the calculator will not proceed to the final calculation.

Amount to Be Financed

  • Enter the amount you want to borrow to buy the boat
  • This may be the full purchase price, purchase price less any deposit or trade-in you may choose to include in the deal
  • You may choose to include an additional amount to cover the delivery costs, rego, insurance or other costs associated with the sale.

Interest Rate

  • Interest rates vary and the rate today may not be our best boat finance interest rate when your Jade consultant sources your specific boat finance quote.
  • But for the purpose of this quick estimate, enter the daily interest rate that Jade Finance is advertising for boat finance. You’ll find it on our home web page and many other places across our website.
  • We aware that this rate does not take into account your individual requirements or specific lender boat loan conditions. But it is a great way to calculate a ballpark.

Loan Term

  • Select the number of years you prefer for your boat finance from the drop down selections.

Balloon

  • Commercial finance products: Chattel Mortgage, Leasing and CHP may include a balloon or residual amount.
  • If you would like to include a balloon, entire the percentage of the total amount you would like as your balloon.

CLICK ESTIMATE AND YOU’LL INSTANTLY RECEIVE A MONTHLY REPAYMENT

You will see the estimated monthly repayment for boat finance based on the data you entered.

Like what you see? Call Jade Finance for a quote and call that seller to make an offer on that boat!

To vary the monthly estimate simply vary the data amounts.

To calculate the estimate on another boat, just enter the purchase price of that boat.

Be mindful that the device does not have the capacity to predict and allow for individual circumstances so your actual boat finance offer may differ from the estimate.

When the estimate meets your expectations, simply click REQUEST A QUOTE or phone a Jade Finance consultant for a firm quote or to ask questions on our great boat finance deals. Call 1300 000 008

Request Quote
Jade Finance Quote Request

Your Details

Loan Amount *

Terms of Loan *

Loan Type *

By submitting this form you agree to our T's&C's *

Boat Finance Calculator FAQs

The dream of owning your own boat can quickly be dashed if you discover the boat loan repayments don’t meet your expectations or suit your budget. Our boat loan calculator allows you to find out what possible repayments might be, before you even create that wish list. A few minutes or a matter of seconds, spent using the calculator for the boats you are interested in, can go a long to avoiding disappointment and setting your course for a successful boat purchase. Hopefully these FAQs in addition to the information on our web pages will assist you in using the calculator. If not, give us a call 1300 000 008 for more information or to request a quote.

What interest rate do I enter?   

The calculator has a field where you are required to enter an interest rate. The interest rate offered will vary depending on the lender that sourced for the quote, details around the boat you’re buying and specifics of your individual loan application. All that information won’t be known until you actually complete a loan application form. So for the purposes of calculating an estimate and general repayment which this calculator is designed to deliver, use more than the current advertised interest rate as displayed or use the Comparison Interest Rate as that is calculated based on a specific example of a loan but remember the rate may differ significantly from the boat you are buying.

What if the repayment shown is more than I want?   

The repayment result that the calculator displays is a simple formulation which is based on the data that you have entered. When you change the amounts you enter, the repayment varies. If the repayment displayed is more than you had in mind to pay per month or doesn’t meet your household budget, you can change some of the values entered to get a different result. If you reduce the loan amount and keep the loan term the same, the repayments will decrease. This may involve you finding a lesser priced boat or paying a deposit to reduce the amount you are borrowing. Another way is to keep the loan amount the same and increase the loan term. That will also decrease the repayments. Always keeping in mind this is an estimate and lender fees and charges have not been included. Loan terms are subject to lender requirements.

Does the calculator apply to all boats?   

In general yes but specifically, not always. The calculator is best used to calculate repayments on new boats and high quality used as these types of boats can attract better interest rates than second hand boats. Lenders will take into account age and condition of a used boat and may apply a higher interest rate. But the calculator can be used for types of leisure boats. By that we mean speedboats, cruisers, fishing boats, cabin cruisers, jet skis, yachts, luxury cruisers, multihulls, trailer boats, tinnies, cuddy cabins, wake boats, ski boats and many others. The calculator applies to all major boat builders and manufacturers both local Australian businesses and for imported boats. For high priced boats, a longer loan term may be requested. Loan terms are subject to negotiating with lenders.

Does the calculator show that my loan is approved?   

No. The calculator is not a loan application form or any form of official loan documentation. It is merely a general device, designed to provide our customers with a tool to assist with their boat buying decisions. It is structured to show repayments which are formulated only on the basis of the data that you enter. No consideration is made for your individual loan application details or the details of the boat you are buying. In using the boat loan calculator you are not applying for a boat loan and using the calculator does not in any way indicate that an application has been received, an offer made or a loan approved. In order to receive a loan approval, you will need to complete a loan application via a phone call or an online form. After an offer is sourced from a lender and having your application approved, you would then be advises that your loan is approved.

Am I obligated to proceed with a loan application if I use the calculator?   

No. Use of a loan calculator is free of any charges and of any obligation. The calculator is a generic calculation device which you can use over and over again to calculate repayments on any number of boats at any time. Use of the calculator is not a form of loan application and not intended to infer or imply that any application has been made, considered or accepted. But if you like what you see with the repayments calculated, you can proceed to request a firm quote and/or apply for a marine loan either online or over the phone. There is also no obligation to proceed when you request a quote or make a loan application. The loan application process involves a number of stages where you can decide not to proceed further.

Can I use the calculator for jet ski loan?   

Yes. The boat loan calculator can be used to calculate estimated repayments on all types of boats and watercraft including PWCs. Loans are available for the leading brands – Kawasaki, Yamaha and Sea Doo – across all models, within our loan thresholds. You simply enter the amount you want for your loan, the loan term and our current interest rate and see what repayment is calculated. Some lenders have a minimum loan threshold for boat loans. 

Get a quote

Request a free finance quote by phone or directly online.

Request A Quote Contact Us

Go to top