Pontoon Boat Guide - Your Guide to On-Water Fun!

Loan Calculator Helpful pontooning hints from the staff of the Pontoon Boat Guide.


Owning a new or used pontoon boat is more affordable than most people realize. Once you and your family have determined how much you have to spend per month on a typical pontoon boat for sale, plug the numbers into our Loan Calculator to determine the total price of the boat you can afford. Or, if you know the specific cost of the pontoon boat for sale, put that amount in the “total” window to determine your monthly payment.

To calculate a monthly payment:

  1. Enter the desired loan amount
  2. Enter an interest rate as an annual percentage *
    (e.g. 10) without the % sign
  3. Enter the term in years (refer to chart)
  4. Click the Payment button

To calculate the loan amount:

  1. Enter the desired monthly payment
  2. Enter an interest rate as an annual percentage *
    (e.g. 10) without the % sign
  3. Enter the term in years (refer to chart)
  4. Click the Loan Amount button
%
$
$

Many National Marine Bankers Association Lenders use the following guidelines when setting loan terms:

Loan Amount Term in Years
$5,000 - $9,999 7
$10,000 - $14,999 10
$15,000 - $24,999 12
$25,000 - $74,999 15
$75,000+ 20

 

Please note: Calculations are for example purposes only, do not include destination charges, title, or other fees and incentives, assume an excellent credit rating and have no bearing on any loan approval. Estimated payments are based on standard industry data; the values that apply to your purchase are likely to vary. Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. By using this program you acknowledge that the National Marine Bankers Association (NMBA) shall not be responsible for any damages resulting from the use of the Loan Calculator by you or any other person, however caused.

Calculator provide by the National Marine Bankers association. Visit www.marinebankers.org for more information.

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