Boat and Yacht Loan Calculator

Estimate the monthly principal and interest payment amounts based on the purchase price for your boat, yacht or marine vehicle.

How Much Is Your Boat Payment?

Our boat loan calculator helps you plan your purchase by calculating your estimated monthly payment based on the marine vehicle's purchase price, loan term, estimated interest rate and down payment amount. It's a handy tool to help you budget and make informed decisions.

Here's how it works:

  • Marine Vehicle Price - Enter the full purchase price of the boat or watercraft you're interested in. This cost should include additional warranties, accessories, taxes and fees.
  • Loan Term - Choose the loan term that fits your financial goals. A longer-term loan can lower your monthly payments, while a shorter term can save you on interest. The loan term is the duration of your boat loan measured in months.
  • Estimated Interest Rate - Provide an estimate of the interest rate you expect to receive on your boat loan. We recommend checking our current rates for accuracy.
  • Down Payment - Enter the amount you plan to put down as a down payment. This initial payment amount can greatly impact your loan amount and monthly payments.

Click 'Calculate' to get an instant estimate of your monthly boat payment. If you need assistance, contact our team of experts. We're here to help you set sail with confidence!





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Your Estimated Monthly Payment


Total Loan Amount



How to Apply for a Boat Loan from Seacoast

For information on the application process, visit our Boat and Yacht Loan page. For more information on how boat loans work and what's needed to apply, visit our boat loan guide.

When you’re ready to apply for a boat loan, use our secure electronic application for a quick and simple application and decision process.


What Boat Loan Terms Can I Apply for?


Boat loan terms vary depending on the lender, your financial situation, and the type of boat you're purchasing. Typically, boat loans offer a range of terms, such as:

  • Short-Term Loans (0-48 months) - Short-term boat loans are ideal if you want to pay off your boat quickly and minimize the amount of interest paid over the life of the loan. These loans often have higher monthly payments.
  • Medium-Term Loans (49-84 months) -Medium-term loans balance shorter and longer-term options. They offer relatively manageable monthly payments while allowing you to pay off the loan within a reasonable time frame.
  • Long-Term Loans (85-180 months) - Long-term boat loans offer the longest repayment periods. They are best for those who prefer lower monthly payments. Keep in mind that extending the loan term will typically result in higher interest rate costs.

When applying for a boat loan from Seacoast, keep in mind that a 20% down payment is required. Discuss your options with your lender and carefully evaluate the terms to determine the best fit for your situation.


Boat Loan Frequently Asked Questions

Does Seacoast Offer Loans for Used Boats?

  • Yes, we do offer loans for used boats. Whether you're in the market for a pre-owned or new vessel, Seacoast Bank can provide financing solutions for your needs.

How Do I Check Boat Loan Rates in Florida?

  • If you're interested in Florida boat loan rates, check with a reputable boat loan lender based in Florida, like Seacoast Bank. To check our current rates, you can visit the Consumer Lending Rates page. For personalized assistance, you can also visit one of our local branches.

What Types of Marine Vehicles Can I Finance?

  • While each boat loan lender is different, Seacoast Bank offers various secured boat loan applications. You can finance a new or used boat, boat construction, international boat delivery, refit an existing boat, offshore registration, or refinance an existing boat loan.

What Information is Needed to Apply for a Boat Loan?

  • When qualifying for a boat loan, each lender may require additional documentation. In general, you will need to provide your collateral information, the type, make, model and year of the boat you're interested in, income verification, such as a W-2, information on your assets and debt and a government-issued ID, such as a driver's license.

*Financial calculator is for illustrative purposes only and is provided to assist you in estimating costs based on the information you provided. This is only an estimate and actual rates and payments may differ.

Have Questions? Speak with a Seacoast Banker

As your local banking option, we are here to answer any questions you have. Fill out the form below and a Seacoast Banker will be in touch soon.

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