Boat Loan Calculator

Home
Services
Boat Loans RV Loans Pre-Qualification Insurance Quotes Warranites
Boat and RV Loan Calculator
Learn
Blog Financing Overview Insurance Overview
Privacy Policy
Get a Loan

Most competitive rates in the industry with as low as 5% down with approved credit.

Zero down for qualified buyers up to $100,000.

Loan Calculator

This boat and RV loan calculator will help you determine the monthly payments on your boat or RV loan. Simply enter the loan amount, term and interest rate in the fields below and click calculate. This calculator will show you both the principal and interest payments you would make on a fixed-rate loan.

Ready to get started?

Get Pre-Qualified

Frequently Asked Questions

Can I still pre-qualify with bad credit?

Of course! At US Dealer Financial Services, we understand the challenges of securing an boat or RV loan with bad credit. Our aim is to provide financing solutions that cater to a variety of financial backgrounds. We specialize in offering competitive rates and flexible terms, even for those with lower credit scores. Our expertise in handling diverse credit situations means we're equipped to offer approvals for scores as low as 550, focusing on a customer-centric and efficient process.

What are the eligibility criteria for RV loans?

Eligibility typically includes a good credit score, evidence of a stable and sufficient income, a favorable debt-to-income ratio, and sometimes proof of assets or collateral. Each application is evaluated on an individual basis to ensure borrowers meet our lending criteria.

What documents are required for a RV loan?

Applicants generally need to provide proof of income (like pay stubs or tax returns), government-issued identification, a credit report, and specific details about the RV being financed.

Can I finance a used RV?

Yes, we offer financing options for used RVs. The terms for used vehicles might differ, taking into account the vehicle’s age, condition, and market value.

Does prequalifying affect my credit score?

At US Dealer Financial Services, when you prequalify for a boat or RV loan with us, it does not impact your credit score. We use a "soft" credit check to estimate your qualifications without affecting your credit report. This approach allows you to explore your financing options and understand what terms and rates you may qualify for without any risk to your credit standing. If you choose to move forward with a loan application after prequalification, then a "hard" credit inquiry will be conducted, which could affect your credit score. We encourage you to use our prequalification process to plan your boat or RV purchase confidently and with financial insight.

What does insurance cover?

Boat or RV insurance typically covers a variety of risks to help protect you financially in case of an accident, theft, or other unforeseen events. The specifics of what is covered can vary significantly depending on the insurer and the options you select, so it's important to review your policy details closely or consult with an insurance agent to ensure you have the coverage that meets your needs.

Do you need boat insurance?

Yes, you generally need boat insurance for several reasons. While not always legally required, many marinas require insurance to dock your boat, and if you have a loan on the boat, lenders typically require insurance to protect their investment. Boat insurance covers a range of potential losses including damage to the boat, liability for injuries, and damage to other property. It provides financial protection in the event of accidents or theft, and considering the investment a boat represents, it's a wise safeguard. Always check local regulations and your specific circumstances to determine the exact requirements for insurance.

How much is boat insurance? What about RV insurance?

The cost of boat insurance at US Dealer Financial Services can vary depending on several factors including the type of boat, its value, and the specifics of the coverage you need. We offer competitive insurance rates with options that can be tailored to fit your unique needs, ensuring that you get the best protection for your boat or RV. Our insurance plans consider aspects like navigation areas, special trip endorsements, and requirements from marinas or campsites. We make it easy to apply for a custom insurance quote through a quick, 2-minute application process, helping you compare costs and coverage effectively.

Can I get a loan with bad credit?

How long are boat loan terms?

The terms of boat and RV loans typically range from a few years up to 15-20 years, depending on the vehicle's cost and the borrower's credit profile. Interest rates are influenced by factors like the borrower’s credit score, loan amount, and down payment size, with higher credit scores often securing lower rates. While longer loan terms can make monthly payments more manageable, they may lead to higher total interest costs over the life of the loan. Borrowers should also be aware of any additional fees, such as origination or processing fees, and potential penalties for early repayment.

What documents are required for a boat or RV loan?

Applicants generally need to provide proof of income (like pay stubs or tax returns), government-issued identification, a credit report, and specific details about the boat or RV being financed.

Can I finance a used boat or RV?

Yes, we offer financing options for used boats and RVs. The terms for used vehicles might differ, taking into account the vehicle’s age, condition, and market value.

How does the application process for a boat or RV loan work?

The process starts with submitting an application, either online or in-person. This is followed by providing necessary documentation such as proof of income and identification. We then conduct a credit check. After all verifications are complete, we move towards loan approval and finalizing the terms.

What are the eligibility criteria for boat and RV loans?

Ready to apply for a boat or RV loan?

Apply now or get pre-qualified in minutes

Apply Now

Whether you are looking to finance a sport boat, cruiser, mega yacht or RV, or refinance your existing loan, US Dealer Financial Services has the experience to get financing to meet your unique needs.

Company

Financing Insurance Warranties Blog Contact Us

Contact info

US Dealer Financial Services LLC, 204 Myrtle Avenue, Westfield, NJ 07090

contact@us-dfs.com www.us-dfs.com

201-919-3077 | 833 809 3800