Our Calculator Makes The Numbers Clear
Our calculations are based on the assumption that you make the same fixed boat repayment for the entire repayment period, the interest rate does not increase or decrease, you don't miss any repayment deadlines, overpay or underpay.
A: We recommend spending no more than 5 to 10% of your monthly pre-tax income on boat financing repayments. For example, if you earn $30,000 a year, that's around $250 per month. This leaves you money for essential expenses and everyday items, such as boat insurance, repairs and petrol.