# Boat Loan Calculator

Estimate your monthly payments with AssetBrief’s boat loan calculator. Simply enter the loan amount, interest rate, and loan term to see your estimated monthly payments.

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$% years Monthly payments$89.84
Total payment
$5,390.61 Total interest payment$390.61
7% of total payment 8% of loan amount
Total payment breakdown
Your total payment of $5,390.61 is comprised of your$5,000 loan amount (principal) and $390.61 in interest payments. Loan amount$5,000
Total interest

### What down payment should I make on a boat loan?

Lenders generally want to see between 10% to 20% down payment on a boat loan. This also depends on the cost of the boat.