Boat Loans Australia
Set sail with affordable marine finance. From fishing boats to luxury yachts, we compare 50+ banks and lenders to find you the best boat loan rates in Australia.
Vessels We Finance
Fishing Boats
Tinnies to offshore game boats
Cruisers & Yachts
Cabin cruisers to sailing yachts
Jet Skis & PWC
Personal watercraft and jet skis
Commercial
Work boats and commercial vessels
Why Choose Specialised Boat Finance?
Marine finance comparison tool understand boats better than general lenders, often leading to better rates and terms.
Marine Finance Benefits
- Lenders who understand boat valuations and depreciation
- Longer loan terms available (up to 10 years for larger vessels)
- Include all accessories in a single loan
- Balloon payments to reduce monthly costs
What You Can Finance
- The boat or jet ski itself (new or used)
- Outboard or inboard motors
- Trailers and towing equipment
- Electronics, safety gear, and accessories
Boat Loan FAQs
What types of boats can I finance?
We finance all boat types including fishing boats, runabouts, cabin cruisers, yachts, jet skis, pontoon boats, and commercial vessels. Both new and used boats qualify, with used boats typically up to 20 years old depending on condition.
What are current boat loan interest rates in Australia?
Boat loan rates vary by lender, credit profile, vessel age and type, and deposit. Marine finance is specialised, so pricing may differ from car loans. A specialist confirms your actual rate after assessment. Not all applicants are approved.
Can I finance a boat trailer with my boat loan?
Yes, trailers, motors, electronics, and other marine accessories can typically be included in your boat loan. This is common when purchasing a boat package from a dealer. Some lenders also allow you to add mooring fees for the first year.
Do I need a boat licence to get finance?
Most lenders don't require you to hold a boat licence to obtain finance, though it may be required before taking delivery depending on your state's regulations. We recommend obtaining your licence early in the buying process.
What deposit do I need for a boat loan?
Many boat loans are available with no deposit for newer vessels and borrowers with good credit. Used boats or higher-risk applications may require 10-20% deposit. We can help find options suited to your deposit level.