Boat Loans For New & Used Boats.
Houston Finance can arrange secured boat loans and unsecured boat loans for Adelaide residents looking at purchasing new or used boats.
Secured Boat Loans
Most boat loans Adelaide people apply for are secured boat loans, which means that the lender will take the boat as security over the performance of the loan.
Secured Boat Loan Features
- Secured boat loans are available with repayments paid over a period of up to 60 months (5 years).
- Repayments can be paid monthly, fortnightly or weekly with a choice of payment methods convenient to you.
- The first years premium for comprehensive boat insurance; which is required by law, extended boat warranty and loan protection premiums can be added to the loan.
- Secured boat loans have a fixed interest rate; interest is calculated on the unpaid balance daily. You are able to make extra payments, reducing the loan term and overall cost of the loan.
- No deposit boat loans are possible, although often adding a deposit strengthens the boat loan application.
Unsecured Boat Loans
Unsecured Boat Loan Features
- Unsecured boat loans are available with repayments paid over a period of up to 84 months (7 years).
- Repayments can be paid monthly, fortnightly or weekly with a choice of payment methods convenient to you.
- The first years premium for boat insurance, extended warranty and loan protection premiums can be added to the loan.
- Unsecured boat loans have a fixed interest rate; interest is calculated on the unpaid balance daily. You are able to make extra payments, reducing the loan term and overall cost of the loan.
- No deposit boat loans up to $40,000 are possible, although adding a deposit reduces the amount borrowed, lowering your repayments.
2 ways to Apply For Finance
Fast Way
The fastest way to get an answer for finance is to complete our easy application form online. You even have the ability to attach files from your computer.
Easy Way
The easy way to apply for finance is to request a call back. Leave some details and we’ll call you back to complete the loan application over the phone.