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: £188,965.00
Variable rate: £188,965.00

Loan Duration:

Fixed rate: 10 Years
Variable rate: 10 Years

Instalments:

Fixed rate: 120 X Monthly payments of £2,384.53
Variable rate: 40 X Quarterly payments of £7,257.65

Total fees (estimated):

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

Rate indicative:

Fixed rate: 8.91%
Variable rate: Libor 3M+7.91% = 9.14%

APR indicative:

Fixed rate: 9.42%
Variable rate: 9.60%

Indicative total costs (inc deposit):

Fixed rate: £368,172.13
Variable rate: £372,334.13