Nor'Sea Yachts - Financing
We can finance your Boat!
Use the handy table below to figure your monthly payment.
| Loan Amount |
Interest rate |
Maximum Term |
Monthly
payments/$1,000 |
| $100,000 and over |
7.25% |
20 years |
$7.90 |
| $75,000 - $99,999 |
7.5% |
20 years |
$8.06 |
| $25,000 - $99,999 |
7.5% |
15 years |
$9.28 |
| $15,000 - $24,000 |
9.25% |
12 years |
$11.52 |
| $10,000 - $14,999 |
9.25% |
10 years |
$12.81 |
Example #1 would be a Nor'Sea 27, Kit III that totals $63,000. You decide to pay 20% or
12,600. 63,000 - 12,600 down payment leaves a financed amount of $50,400. The simple
interest rate for that amount is 7.5% for 15 years. (like a home loan). to figure out your
payment multiply the cost per thousand of $9.28 x 50.4 = $467.71 per month.
Yes you can live abroad cheaper than an apartment! (Finally payment is deductible for
IRS purposes).
For specific questions please call the factory at (949) 489-8227. or
ask questions on this form
Rates are fixed and simple interest.
No points
No prepayment penalties
|
Rates subject to change without notices. Subject to credit approval. Call for the
latest rate!
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