Calculate Your Boat Loan Payment
6/7/2022
You have your eye on a majestic new sailboat or a speedy powerboat. How will this purchase affect your monthly budget?
Before you set sail, you can estimate the monthly payment for a boat loan with just a few numbers, including the purchase price, loan term and loan interest rate. You’ll also want to budget accordingly for boat maintenance, dock fees and insurance costs that will come along with your new watercraft.
At SouthState, we have competitive rates for any budget, as well as an easy online application, and funds are often available the same day. Our knowledgeable bankers will help you get out on the water in plenty of time to enjoy boating season.
Buying your first boat? Check out these tips for making a seaworthy purchase.
If your new boat is an asset you want to save up for first, try our Save Towards a Goal calculator.