Snowmobile, jet ski and ATV loans could qualify for terms of up to 36 months, while RV and
boat loan terms extend up to 240 months.
Some creditors, including many that are accessible online, do offer 30 - year
boat loan terms, similar to conventional 30 - year home loans.
Not exact matches
From daily drivers to motorcycles to
boats, we'll set you up with the right
loan for your needs — with a competitive interest rate and flexible payment
terms.
According to the NMLA, the average
term for a
boat loan is 10 to 15 years.
Or refinance your current
boat loan to a lower rate, with
terms to meet your needs.
Loan terms that are this lengthy will often be used for big purchases such as a car,
boat, complicated surgery or a huge wedding.
The regular payment
term for the
boat loan is normally between 5 to 7 years for the largest part financiers.