Boat Loan Payment Calculator

Believe it or not, boating can be more affordable than you think! In some instances, you can buy a brand new boat for around $250 a month, while a new personal watercraft (PWC) may be purchased for around $125 a month. Interest on a boat loan may be deductible if the boat has a galley, berth and head. To see step-by-step what it takes to secure your loan and acquire financing, be sure to read our full guide on How to Get a Boat Loan.

If you already know your monthly budget amount, enter it in the total loan amount window and work backwards to determine what size loan you can afford. If you know the cost of the boat or PWC you want, put that amount in the monthly payment window to determine your monthly payment.

Find the Right Boat for You



Please note: Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. By using this program you acknowledge that the National Marine Lenders Association (NMLA) shall not be responsible for any damages resulting from the use of the Loan Calculator by you or any other person, however caused.

To determine actual interest rates and terms, call a National Marine Lenders Association member, and visit one of their websites.

Continue Your Path to Boat Ownership

Featured Articles

Inspirational stories, educational articles, and tips for new & experienced captains

Outboard engines have become increasingly popular in today's market and are a great power option for many boat owners. Learning how to properly flush your outboard motor after use is an important and basic maintenance task you'll want to master in order to properly care for your engine.

If you're a lake boater looking for the perfect boat for your local waterways, you've come to the right place. From pontoon boats to deck boats and even fish-and-skis, we've narrowed down our top five choices for your lake-boating adventures.

Believe it or not, your cell phone can help you catch more fish—as long as you have these 10 fishing apps downloaded and ready for action. These smartphone applications provide GPS mapping, weather forecasts, record water conditions, track the performance of specific lures or baits, and more.