This calculator will allow you to figure out your boat payment on different loan amounts, interest rates, taxes, and insurance.
Easy 5 Step Process: 1) Enter the amount of the loan you will need. 2) Enter the current interest rate for the loan. 3) Enter the number of years the loan will be financed. 4) Enter the sales tax rate for your state. 5) Enter the amount of the boat insurance policy.
Note: Downpayments are usually between 10% and 20%. Fixed rate loan terms are often 10, 15 or 20 years.
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