Westpac

Westpac Boat Loans

Westpac marine finance solutions for New Zealand boaters. Personal and business boat loans with competitive terms.

Westpac Loan Details

7.99% - 11.99%

New Boat Rates

Interest rates for new boats

$300,000

Max Loan Amount

Maximum financing available

12 years

Max Term

Longest repayment period

$395

Application Fee

One-time setup cost

Westpac Interest Rates

New Boats

7.99% - 11.99%

p.a. for new marine vessels with full warranty coverage

Used Boats

8.99% - 13.99%

p.a. for pre-owned boats up to 15 years old

Most Popular

Luxury Yachts

9.99% - 14.99%

p.a. for high-value boats over $200k

Westpac Features

Personal and business options

Asset finance specialists

Chattel mortgage available

Quick approval process

Comprehensive insurance options

Specialty

Business and commercial marine financing

Pros & Cons

Advantages

  • Strong business finance options
  • Quick decision process
  • Good for commercial operators
  • Chattel mortgage tax benefits

Considerations

  • Higher interest rates
  • Shorter maximum terms
  • Lower loan limits

Ready to Apply with Westpac?

Get a personalized quote from Westpac or compare with other lenders to find the best deal.