Marine lending, not car loans
Loans from £15,000 to £2m secured on the vessel, arranged with lenders who understand survey reports and berthing.
Jack & Anchor Finance
Boat finance, costed before you commit
Model the deal on your own terms — set the price, deposit, length of loan and interest rate — then send the figures straight to our marine finance desk.
Open the loan calculatorLoan calculator
Adjust the figures — including the interest rate — to see indicative monthly repayments.
Estimated monthly repayment
£755/month
- Loan amount
- £68,000
- Total interest
- £22,593
- Total payable
- £90,593
Figures are illustrative only and assume a capital-and-interest marine loan at a fixed rate. Actual terms depend on the vessel, its age and survey, and your circumstances.
Finance application
Your calculator figures are submitted with the application.
Why finance through us
Lenders who know boats
We introduce buyers to specialist marine lenders rather than high-street personal loans.
Terms from 2 to 20 years
Structure repayments around your ownership plans, with balloon options on higher-value craft.
Deposits from 10%
Keep cash free for refit, rigging or the first season's cruising rather than tying it all up in the hull.
No credit search to enquire
Get indicative figures first. A full application only proceeds once you are happy with the terms.
Questions
Boat finance FAQs
What interest rate will I pay on boat finance?
Marine loan rates typically range from around 5% to 9% APR depending on the age of the boat, the loan-to-value, the term and your credit profile. The calculator defaults to 6% as a realistic mid-market starting point, and you can change it to model any rate.
How much deposit do I need for a boat loan?
Most marine lenders look for a deposit of 10% to 20% of the purchase price. Older vessels or liveaboard use may require more.
Can I finance a boat listed by a private seller?
Yes. Lenders will usually require a recent survey, proof of title and a VAT status check before releasing funds, which we help coordinate.
Can I repay the loan early?
Most marine loans allow overpayments or early settlement. Early settlement fees vary by lender, so we confirm this before you commit.
Ready to go? Submit a finance application.