Woman walking on boat

Representative Example

Currency
?
Cost of boat
£
Deposit (cash/part ex)
%  £
Age of the boat
Years
Term of loan
Years
 
Fixed rate:
Variable rate:

Balance to finance:

Fixed rate: £1,396,500.00
Variable rate: £1,396,500.00

Loan Duration:

Fixed rate: 15 Years
Variable rate: 15 Years

Instalments:

Fixed rate: 180 X Monthly payments of £14,006.83
Variable rate: 60 X Quarterly payments of £42,767.87

Total fees (estimated):

Fixed rate: £1,043.00
Variable rate: £1,043.00

Rate indicative:

Fixed rate: 8.81%
Variable rate: Libor 3M+7.82% = 9.05%

APR indicative:

Fixed rate: 9.19%
Variable rate: 2.67%

Indicative total costs (inc deposit):

Fixed rate: £3,120,771.70
Variable rate: £3,165,615.45