would like to purchase a boat
03-24-2007, 03:14 AM
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would like to purchase a boat
hi everyone
Well its gonna be summer time in no time and I think I could afford a nice boat... financed ofcourse. Ive read thru some threads and noticed the possibility of getting 20 year loans which im sure could get me into a nice cool lookin one. I dont have any boat experience only been on friends boats but I want my own. So lets say with maybe 10k down and a lets say 700 credit score what would I be looking at a month for a 100k-150k boat ? Im hoping to get myself into one within the next month so im going to be doing some research and I hope to meet some of you and I will appreciate the help/advice!.
thanks
George
Well its gonna be summer time in no time and I think I could afford a nice boat... financed ofcourse. Ive read thru some threads and noticed the possibility of getting 20 year loans which im sure could get me into a nice cool lookin one. I dont have any boat experience only been on friends boats but I want my own. So lets say with maybe 10k down and a lets say 700 credit score what would I be looking at a month for a 100k-150k boat ? Im hoping to get myself into one within the next month so im going to be doing some research and I hope to meet some of you and I will appreciate the help/advice!.
thanks
George
03-24-2007, 06:51 AM
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hi everyone
Well its gonna be summer time in no time and I think I could afford a nice boat... financed ofcourse. Ive read thru some threads and noticed the possibility of getting 20 year loans which im sure could get me into a nice cool lookin one. I dont have any boat experience only been on friends boats but I want my own. So lets say with maybe 10k down and a lets say 700 credit score what would I be looking at a month for a 100k-150k boat ? Im hoping to get myself into one within the next month so im going to be doing some research and I hope to meet some of you and I will appreciate the help/advice!.
thanks
George
Well its gonna be summer time in no time and I think I could afford a nice boat... financed ofcourse. Ive read thru some threads and noticed the possibility of getting 20 year loans which im sure could get me into a nice cool lookin one. I dont have any boat experience only been on friends boats but I want my own. So lets say with maybe 10k down and a lets say 700 credit score what would I be looking at a month for a 100k-150k boat ? Im hoping to get myself into one within the next month so im going to be doing some research and I hope to meet some of you and I will appreciate the help/advice!.
thanks
George
Figure on $5.42 per $1000 dollars financed to help you get an idea of what your monthly payment will be.
Call me on my cell anytime to discuss your options
03-24-2007, 01:22 PM
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George,
Unfortunately a payment factor of $5.42 per $1000 would mean a rate of 2.75% on a 20 year loan which would be nice but entirely unrealistic. A more realistic figure would be around $7.46 per thousand financed. Let me know if you have any additional questions or if I can help. Thanks.
Kyle
Unfortunately a payment factor of $5.42 per $1000 would mean a rate of 2.75% on a 20 year loan which would be nice but entirely unrealistic. A more realistic figure would be around $7.46 per thousand financed. Let me know if you have any additional questions or if I can help. Thanks.
Kyle
Last edited by Loan Ranger; 03-24-2007 at 03:09 PM.
