Lenders may offer secured loans into the millions, depending on the boat's value, with terms up to 20 years. However, the type of boat you want to buy could limit your choice of repayment term ...

The best boat loan lender may be a personal loan company since they can offer fast and easy financing. Personal loan lenders offer loans as high as $100,000 with terms as long as seven years ...

To determine the best boat loans, CNBC Select analyzed dozens of U.S. lenders offering both personal loans that can be used to finance a boat purchase and lenders offering boat loans specifically.

Different lenders will have different credit score requirements. If you want to apply for a boat loan, you can expect most lenders to require a minimum score of 680.

Our boat loan calculator can help. A boat loan can help you finance the cost of a boat, which typically ranges between $20,000 to $75,000, depending on the type of boat.

We collected data, researched, and evaluated APRs, fees, loan amounts, and terms from 59 leading personal loan lenders to help you find the best boat loans. Skip to content. News ...

Specialty boat loan lenders typically expect a down payment between 10% to 20%. Income. Lenders consider your income to ensure you can afford to repay your debt obligation.

If you finance, lenders generally limit boat loan payments to 15% of your gross monthly income. Someone with $20,000 of monthly retirement income could spend up to $3,000 per month on the boat.