Im about to be in the market for a new boat. Can anyone give me some rough info on what to expect term amd payment wise for 35 to 40k loan with good credit.
Im about to be in the market for a new boat. Can anyone give me some rough info on what to expect term amd payment wise for 35 to 40k loan with good credit.
Play around with auto loan calculators for a general idea. Length of loan is critical to that calculation.
http://www.bankrate.com/partners/sem...lculator-rates
'14 Triton 18XS 150 Optimax Pro XS Fortrex 80
Kropf Park model on Chautauqua Lake
Fish Chautauqua Lake and Lake Erie
Love bass and fly fishing for Trout and Steelhead
Ive already done all that. Its hard to justify what i can spend without knowing the average term for that loan amount
So if I did that right
60K
12year
12% on high side
equals 197.01 monthly
my last loan for a boat with smaller amount and rate the payments were higher
Rick Someillan
Lacoochee, Florida
2016 21 TRX
250 Pro XS
You didnt do something correct. 15 years on 40k @6% was 350
Its messed up on this computer. I am just waiting to get duckies all in line then I am going to contact Rec Lending. I have considered having them do a soft pull and see what they say.
Rick Someillan
Lacoochee, Florida
2016 21 TRX
250 Pro XS
Reclending is very easy to work with and rates are in the 4.7% range. They can walk you through the terms, payments, options, etc
I see our name popped up in there - Thank you C130. The tough part about playing with numbers is you really are guessing a a couple. You could really get some numbers all over the board. We are seeing SOME just under 5% if everything lines up.
We can do a SOFT PULL and get a decent idea of where the rates might be. Let us know if you are interested in that and we can walk you through the process.
Let us know how we can help.
Thank you,
Ken
Rec Lending was very good to deal with!!!
Rec will get you taken care of. Only way to go.
2022 21PHX
Previous boats:
2017 Phoenix 721 ProXP
2000 Triton TR186