How lenders value boats
Marine lenders usually lend a share of the boat's value, often after a survey, and consider its age, type and condition. Older boats may get a lower limit or shorter term.
Worked example
A £60,000 boat at an 80% limit could support a loan of about £48,000, meaning a £12,000 deposit.
Before you buy
This is an estimate. Lenders make their own decision based on your full circumstances and credit history.
Inputs for the boat loan value calculator
01
Boat value
The price or surveyed value of the boat.
02
Existing borrowing secured on it
Any finance already secured on it.
03
Maximum loan-to-value
The share of the value the lender will lend.
CALCULATOR QUESTIONS
Boat loan value calculator questions
How much can I borrow against a boat?
A share of its value set by the lender, often after a survey.
Does the boat's age matter?
Yes. Older boats may get lower limits or shorter terms.
Will I need a survey?
Often, especially for larger or older boats.
Is this a guarantee?
No. The lender decides.