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Boat type

boat cost

Deposit amount

Choose between £14,000 and £60,000

£14,000

Term (Years)

Choose between 1 and 15 years

10

Representative Example

Cost of Boat

£70,000.00

Advance Payment

£14,000.00

Amount of Loan

£56,000.00

Interest Rate p.a. (variable)

14.25%

APR (variable)

15.2%

Term (months)

120

Cost of Credit

£49,351.60

Total Amount Payable

£119,351.60

Monthly Payment

£877.93

This is a variable rate loan meaning changes in the Bank of England base rate could result in you paying more or less than shown in this illustration. Other loan amounts available at alternative rates.

Salt loans are available to over 18s who are resident in the UK. Your boat may be repossessed if you do not keep up repayments on your loan.