When you’re applying for financing for your next boat purchase, it’s important to enter this process with an idea of what it’s likely to cost you. That’s why Savvy has put together an advanced calculator that crunches the numbers for you to help you determine what the cost of your proposed loan will be.
We’re partnered with a range of lenders to give you more access to the best deals when it comes to rates, fees and repayment options. You can calculate different loan deals based on their loan amounts and terms, interest rates, repayment schedule and whether you make a deposit. It’s a great tool to make use of before getting a quote with Savvy.
The features of financing your boat with Savvy
With competitive rates available through our wide panel of lenders, you can lock in your interest at a low rate from the beginning of your loan and save throughout.
You’ll receive the option to choose whether to reduce your repayments over up to seven years or cut down on overall cost by taking just one year.
There are no mandatory deposits as part of boat financing; you’re able to be approved for any amount up to your maximum borrowing power.
In addition, you have a say in how frequently you want to pay for your boat loan, whether that’s each week, each fortnight or each month.
You’re not just limited to brand-new boats under finance, either. You can buy new or used models through a dealer, private seller or auctioneer.
Our flexible lenders work with applicants who are employed on a full-time, part-time, casual and sole trader basis to provide them finance solutions.