Compare Boat Loan Rates in New Zealand

Find the best boat finance deals from New Zealand's leading marine lenders. Compare interest rates, fees, and terms to get the perfect loan for your boat.

Top Boat Loan Rates Comparison

LenderInterest RateMax Loan AmountMax TermApplication FeeFeatures
ANZ
ANZ
Major Bank
6.99%
p.a. variable
$500,00015 years$395Fast approval
ASB
ASB
Major Bank
7.25%
p.a. fixed
$750,00020 years$295Best rates
BNZ
BNZ
Major Bank
7.45%
p.a. variable
$400,00015 years$350Flexible terms
Westpac
Westpac
Major Bank
7.99%
p.a. variable
$300,00012 years$395Low fees
Kiwibank
Kiwibank
NZ Owned
8.25%
p.a. variable
$250,00010 years$200NZ owned

*Rates shown are indicative and subject to credit approval. Terms and conditions apply.

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Compare by Boat Type

New Boats

Interest Rate:6.99% - 9.99%
Max Amount:$2M+
Max Term:20 years
Deposit:10-20%
View New Boat Loans →

Used Boats

Interest Rate:7.99% - 12.99%
Max Amount:$500k
Max Term:15 years
Deposit:20-30%
Most PopularView Used Boat Loans →

Luxury Yachts

Interest Rate:8.99% - 14.99%
Max Amount:$5M+
Max Term:25 years
Deposit:20-40%
View Yacht Loans →

What to Consider When Comparing Boat Loans

1

Interest Rate Type

Fixed rates provide certainty, while variable rates may offer savings if rates fall.

2

Loan Term

Longer terms mean lower payments but more interest paid overall.

3

Deposit Required

Higher deposits typically secure better interest rates and terms.

4

Fees and Charges

Consider application fees, ongoing fees, and early repayment penalties.

5

Pre-approval

Getting pre-approved strengthens your negotiating position when buying.

6

Boat Age Limits

Most lenders have maximum age restrictions (typically 15-20 years).

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Get personalized quotes from multiple lenders in minutes. Compare rates, terms, and find your perfect boat loan.