Plan your dream boat purchase with our Boat Loan Calculator. Enjoy low rates, flexible terms, and quick estimates to find the best finance for your lifestyle.
Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.
Boat Loan Details:
Important!
Boat Loan Interest Rates differ from lender to lender and will depend on your individual circumstances (credit history, employment status, age, etc.). To find out if you qualify ... and for a free, personalised interest rate and repayment quote,
please CLICK HERE
Boat Loan Amortisation Calculator
The following amortisation graphs detail month-by-month data on the progress of the proposed loan. The first chart below examines the reducing loan balance over the course of the finance contract term. The second graph illustrates the portion of each monthly repayment allocated to payment of interest vs principal reduction.
How to use our Boat Loan Repayment Calculator
Our Boat Loan Repayment Calculator helps you estimate repayments for boat finance before you apply, so you can plan a budget that suits your lifestyle and compare different loan terms, interest rates and deposit options. It is important because small changes to the interest rate or loan term can materially change your monthly repayment and the total interest paid over the life of the loan.
How to complete the calculator for the best estimate
1. Purchase Price
Enter the total purchase price of the boat in Australian dollars as a whole number only, with no commas or decimal points. For a more realistic result, consider whether you want to include other costs you may finance, such as stamp duty, registration, insurance and accessories, where applicable.
2. Deposit or Trade-in Value
If you have cash savings or a trade-in, enter that amount as a whole number. A larger deposit generally reduces the amount you need to borrow, which can reduce repayments and total interest.
3. Term of Loan (Years)
Select the number of years you want to repay the loan over. A longer term usually lowers repayments, but often increases the total interest cost across the loan.
4. Interest Rate (Per Annum)
Choose an indicative annual interest rate for the simulation. Use a conservative rate if you are unsure, and consider testing multiple rates to understand best and worst case affordability. Your actual rate may differ based on lender policy and your personal circumstances.
5. Calculate
Select calculate to generate your estimate.
How to interpret the results
Review the estimated repayment amount and the amortisation information. The reducing balance chart shows how the loan balance may fall over time. The interest versus principal chart shows how early repayments typically include a higher interest portion, with more principal repayment later in the term.
ASIC and lending disclaimer: This calculator provides general information only and does not consider your objectives, financial situation or needs. Results are estimates and may not include lender fees, ongoing charges or changes in rates. Credit is subject to approval and you should check the final loan contract terms and your ability to meet repayments before proceeding.
Owning a jet ski is an exhilarating experience, providing endless fun on the water during the warmer months. However, as temperatures drop, it's crucial to prepare your jet ski for winter storage. Proper winterizing can extend the life of your machine and ensure it's ready for the next season. - read more
Jet skiing offers an exhilarating mix of high speeds and open water, but it also comes with its share of risks. Just like any valuable property, a jet ski needs protection, not just from potential damage, but also the liabilities that come with operating it. This is where jet ski insurance becomes essential. Having the right insurance coverage ensures that you are financially and legally protected should an accident or damage occur. - read more
Jet skiing offers a thrilling escape on the water, combining the adrenaline rush of speed with the serene beauty of our aquatic landscapes. However, with the excitement comes the responsibility of maintenance, including the delicate task of managing fuel spills and leaks. These incidents, while hopefully rare, can pose significant challenges for even the most seasoned jet ski enthusiasts. - read more
Owning a jet ski is exciting and offers countless hours of fun on the water. However, with the thrill comes the responsibility of ensuring your jet ski is protected. This is where having the right jet ski insurance becomes crucial. - read more
Maintaining your jet ski isn't just about keeping it looking good; it's crucial for ensuring longevity and optimal performance on the water. Engaging in regular maintenance can significantly extend the life of your jet ski and help avoid costly repairs. Whether you're slicing through the waves or enjoying a leisurely cruise, a well-maintained jet ski provides a reliable and enjoyable experience for riders of all levels. - read more
In a recent legal development, the Federal Court of Australia dismissed an appeal by Bradley Henschke, a logging truck driver, concerning his insurance claim against the Australian Retirement Trust. The court's decision, delivered on February 12, 2026, underscores the critical importance of active insurance coverage for workers in high-risk occupations. - read more
As the Australian summer holidays approach, insurers and transport specialists are raising alarms about increased road risks due to the convergence of peak freight activity and heightened passenger vehicle travel. This period traditionally sees a surge in both freight movements and family road trips, leading to congested roads and a higher potential for accidents. - read more
Australian vehicle data provider InfoAgent has unveiled two innovative services designed to deliver accurate and detailed information for heavy commercial trucks and trailers. These services aim to address critical challenges in industries such as insurance, roadside assistance, fleet management, and logistics by simplifying processes and enabling better decision-making. - read more
In recent times, Australian consumers have been grappling with substantial increases in insurance premiums, prompting widespread concern and scrutiny. Reports indicate that some policyholders have experienced premium hikes ranging from 30% to 50%, with certain cases witnessing even more significant surges. This trend has raised questions about the affordability and transparency of insurance pricing in the country. - read more
Australian businesses are currently grappling with a complex landscape of escalating insurance risks, driven by factors such as increased litigation, rapid technological advancements, supply chain disruptions, catastrophic events, and geopolitical tensions. These challenges necessitate a proactive approach to risk management and insurance coverage. - read more
