kaelc
Well-Known Member
So just browsing dream boats and saw this little quote for financing. "Financing available with rates as low as 6.29% to 10 years and 6.79% up to 15 years"
If you had 25% down on the boat it looks one would pay about $48,500 in interest. Not to mention the cost of ownership!
What are most people doing, using a house line of credit to finance boats? It looks like they come in at about 3.5-4%? https://www.ratehub.ca/best-mortgage-rates/heloc
http://www.sportcraftmarina.com/def...1&s=Year&d=D&t=preowned&fr=xPreOwnedInventory
Any great home equity lines of credit out available these days? What banks or lenders. I'm thinking two years max of financing as the cost of owning a boat will always go up with repairs. I have two footitis but dam well not going for anything as expensive as the Stabicraft!
If you had 25% down on the boat it looks one would pay about $48,500 in interest. Not to mention the cost of ownership!
What are most people doing, using a house line of credit to finance boats? It looks like they come in at about 3.5-4%? https://www.ratehub.ca/best-mortgage-rates/heloc
http://www.sportcraftmarina.com/def...1&s=Year&d=D&t=preowned&fr=xPreOwnedInventory
Any great home equity lines of credit out available these days? What banks or lenders. I'm thinking two years max of financing as the cost of owning a boat will always go up with repairs. I have two footitis but dam well not going for anything as expensive as the Stabicraft!