Secured Boat Loans

Typically, secured loans feature a lower interest rate than unsecured lending.

With a secured boat loan, the boat is used as security. An amount is lent that is either equal to, less than or greater than the value of the boat.

How does a Secured Boat Loan work?

Under a Boat Loan the financier advances funds to the customer to purchase a boat.
The customer takes ownership of the vehicle at the time of purchase, and the financier takes an interest in the boat as security for the loan.
Once the contract is completed, the financier lifts their interest in the boat, giving the customer clear title.

Calculators

What are my repayments?

How much can I borrow?

I want to borrow

Repay it over

Repayment Frequency

Weekly Monthly Yearly

Calculated with the interest rate of 10.45%*

$142.12

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I want to spend

per

over

Calculated with the interest rate of 10.45%*

$28,145.24

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* The information which you calculate from this Calculator is intended for use by you as a guide only. See more in our Disclaimer.

It is not an offer and has no legal effect on any contracts entered into by you ‘ the client’. This simulation and the resulting calculations do not constitute a loan application or offer. The figures and formulae used within this calculator may change at any time without notice. Should you apply for any Credit One product, we will make our own calculations and we will not necessarily take your calculations into account. All Interest rates are displayed ‘are guides ONLY’, repayments as a result of this simulation have no legal offering.Credit One accepts no responsibility for any losses arising from any use of or reliance upon any calculations or conclusions reached using the calculator.Information provided on this calculator does not constitute an offer of finance. Any loan request is subject to assessment against normal lending criteria. Fees and charges may apply. This calculation does not take into account any fees, charges or government taxes which may apply to either the calculation of the loan amount or the monthly repayments, such as GST or Luxury Car Tax (where applicable).

Credit One Smarter Boat Finance Options

Secured Boat Loans

Typically, secured loans feature a lower interest rate than unsecured lending. With a secured boat loan, the boat is used as security. An amount is lent that is either equal to, less than or greater than the value of the boat.

Learn More

Private Sale Boat Loan

Need Boat Finance for a great deal from a private vendor? Your bank won't help you out with a boat purchased privately? Credit One can now help you organise Boat Finance for all boat's purchased privately. And at the same time, provide you with great rates and excellent service.

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Business Boat Finance

Businesses looking for the best boat finance options have wide range of choices available to them with Credit One. We can source business boat finance for a wide range of companies, partnerships and sole traders.

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