![]() The amount of the fees we receive from CGI FINANCE does not vary depending on the features of the loan and this payment does not affect the amount payable under the terms of the loan agreement. BERTHON BOAT COMPANY LIMITED will not charge you any fee for this service as we will receive payment by way of fees direct from CGI FINANCE. Calculate your monthly boat loan payments on new and used boats. Thank you for visiting our finance calculator page.īERTHON BOAT COMPANY LIMITED is a broker not a lender and is authorised by the Financial Conduct Authority with FRN 941466. Please be aware that this is purely a guide and not an offer of finance and subject to approval from CGI Finance. Of course, you are so very welcome to use this calculator to provide a guestimate of the finance costs for the purchase of any of our brokerage fleet. You are then able to calculate on costings that we have discussed with you. We hope that you will find it particularly useful when considering the new yachts that we offer, and please note that these calculations are intended to be used in the UK ONLY.Īs the new yachts and boats that we offer are individually crafted for their owners, we do not publish pricing on this website, but of course this is available to you when you are discussing a specific models with us. This facility has been designed to provide a guide to the likely financing costs of your chosen yacht.įor more detailed information we would encourage you to contact CGI Finance directly, who are the wizards in this field. The Berthon Sales Group works with CGI Finance. ![]() You’d pay around 912 per month on the loan and almost 25,690 in total interest. Trident Funding is Boat Trader’s preferred partner for boat financing. For this purpose, we hope that you will find this finance calculator tool useful during your journey to yacht ownership. A credit union quotes an APR of 18 on a secured boat loan. Payment example: A 76,000 loan for the purchase of a recreational use vessel for 20 years with a fixed rate of 5.49 would have an estimated APR of 5.49 and 240 payments of 522.37. How much does a boat cost The average cost of a new boat is between 60,000 and 75,000, but take that with a grain of sea salt. For more information, here’s a guide on boat financing. Simply enter your desired amount, estimated interest rate, and the loan term over which you intend to pay back the loan. The wizards at the Berthon Sales Group are now brokering sailing and motor yacht finance. A 30,000 speedboat financed for five years with a 4 APR will give you a 553 boat payment each month. Use our boat payment calculator to determine a monthly payment that you can afford when looking to finance a new or used boat.
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