Search

Boat Loan Calculator

Updated 3 May 2026​
​​​​​​​​​​​​​
Summary
  • If you want boat finance or a boat loan, our easy to use repayment calculator will help you work out you will pay weekly, fortnightly or monthly. Save more money by reading our boat finance and boat insurance guides.
  • Important: Calculations use the standard amortisation formula and reflect the interest rate only. Establishment fees, monthly account fees, and other lender charges are not included and may apply on top of these figures. Interest rates shown are advertised rates and may vary based on your credit profile, the loan amount, and the asset being financed.
  • Always confirm current rates and fees directly with the lender before applying.

Enter your loan details

Repayment frequency
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. 

How much should I borrow to buy a boat?

It's common to spend 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.

Get the best boat loan and financing deal