Boat Financing Rates & Calculator

Boat Loan Rates & Calculator

We search nationwide for the best boat loan rates.

Only The Best Boat Loan Service

Whether you've already found a new boat or you're still looking for the right vessel, we can help you find the best boat loan rates and terms available. After you identify current boat loan interest rates, you can use a boat finance calculator to figure out what your costs may be.
If you are interested in information about boat financing interest rates and learning how to calculate your potential monthly payment, we'll help you understand the process. See how much you can afford with our free online boat loan payment calculator.

Real Boat Loan Payments

At My Financing USA, we know boating is not just a luxury, it is a way of life. That's why our mission has always been to provide the best boat loan programs to customers no matter what their credit score is.

$10,000
as low as

$106

MONTHLY 4.99% (120mo)

$25,000
as low as

$197

MONTHLY 4.99% (180mo)

$75,000
as low as

$494

MONTHLY 4.99% (240mo)

$10,000
as low as

$120

MONTHLY 7.74% (120mo)

$25,000
as low as

$235

MONTHLY 7.74% (180mo)

$75,000
as low as

$622

MONTHLY 7.89% (240mo)

$10,000
as low as

$161

MONTHLY 14.95% (120mo)

$25,000
as low as

$374

MONTHLY 14.95% (144mo)

$50,000
as low as

$984

MONTHLY 14.95% (240mo)

$10,000
as low as

$167

MONTHLY 15.95% (120mo)

$25,000
as low as

$390

MONTHLY 15.95% (144mo)

$50,000
as low as

$1,098

MONTHLY 15.95% (180mo)

So what are boat loan average interest rates? Our current boat finance rates range from 3.49% to 17.99%. Your rates vary based on how much you're financing, the boat's age, your credit score and your location. Our boat financing programs serve various types of credit situations, whether you have a score as high as 800 or as low as 550. 

Our boat financing terms range from 60 months up to 240 months — or five years to 20 years — which vary based on how much you're financing, your boat's age and your credit score and history. Here's how your loan's term relates to how much you're financing:

  • 20 years: You may be able to secure financing for 20 years for a $75K+ loan.
  • 15 years: You may be able to secure financing for 15 years for a $25K to $74K loan.
  • 12 years: You may be able to secure financing for 12 years for a $20K to $24K loan.
  • 10 years: You may be able to secure financing for 10 years for a $10K to $19K loan.

Since we offer the longest possible boat loan terms and no prepayment penalties, you can pay off your loan as fast as you want, along with having the lowest payment option. With our boat loan calculator tool, you can estimate what your monthly payment may look like.

Terms and current new boat loan rates are subject to change. Approvals are good for 30 days.

Apply Online
Use our DigiCert Norton VeriSign Secured website to submit your information

Get a Match
We verify your information and match you with the right nationwide boat loan program

Sign & Drive
Sign your closing docs right from your phone then pick up your boat with a check in hand

Apply for Financing Online

It's time to have fun and do something for yourself. Getting a bAt My Financing USA, we offer boat financing, RV financing and motorhome financing, along with extended warranties, service contracts, tire coverage, gap waivers and wheel coverage. Our process is simple:

1. Apply online: Use our Norton Secured website to submit your information safely.
2. Find your loan: Next, we will verify your details to help match you with the best boat loan program for you.
3. Sign and hit the water: Finally, you will sign the closing documents, which you can do conveniently on your phone. After you sign, you can pick up your boat and hit the water!

When you submit an application, we'll schedule a consultation with you to discuss your goals and expectations. We'll discuss your lender options with you, including current boat loan rates, and help you find the lender that approves your application while reducing unnecessary hard inquiries.
If we're unable to get you approved the first time around, we can also provide you with credit consulting to repair your credit. Once you are approved, you'll submit your proof of income online and close on your loan. Ready to finance the boat of your dreams? Apply for a boat loan at My Financing USA today.

Use Our Boat Loan Finance Calculator

Use our online boat loan calculators to calculate your monthly boat loan and payment. These tools will help you determine what monthly payment you may be able to afford when you are looking to finance a used or new boat. 

To use our boat loan rates calculators, enter your chosen amount, estimated loan term and estimated interest rate. After you enter the information, our boat financing rates calculator will compute an estimate of your monthly payment. Plug this number into your monthly budget to determine whether this payment may work for you. If not, continue experimenting with rates and terms to find the payment that fits your budget.

Our Payment Calculator

Amount to borrow:
Rate:
Term (Years):

Estimated Payment:
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Frequently Asked Questions:

Today’s Lowest Boat Loan Rates

We have boat financing programs for all kinds of credit situations.

My Credit Score is:

Rates as low as:

3.49%

Rates as low as:

4.34%

Rates as low as:

8.25%

Rates as low as:

15.95%

Our boat loan rates are based on a variety of factors including the amount you are financing, the age and type of boat you are financing, your location, and your credit history. Some rates may be adjusted for lower terms upon request. Rates and terms are subject to change. No houseboats or racing boats. Approvals good for 30 days.

Longest Boat Financing Terms Available

Extend the term of your boat loan to the max with no pre-payment penalty!

My Loan Amount is:

Terms as long as:

20 Years

Terms as long as:

20 Years

Terms as long as:

20 Years

Terms as long as:

15 Years

We offer boat financing terms from 60 months (5 years) up to 240 months (20 years) depending on the amount you are financing, the age of the boat, and your credit history. We offer the longest boat loan term possible, as there are no payment penalties with any of our loans. This allows you to pay off your boat loan as quickly as you like while always having the option of the lowest payment.

All programs are subject to credit approval and may change at any time. Not available in all states. Payments shown are real examples of potential payments. Your final payment may be different based on a number of factors including credit, age of the collateral, tase and fees, and your down payment.