Start floating your boat.
Fixed personalised rates from 5.76%¹ (comparison rate )²
Set sail with a hassle-free online boat loan
Personalised finance for your first boat, your dream boat, or need a boat repair loan.
Borrow what you need for a new or used sailboat, speedboat, jet ski or other boat, or use a boat repair loan to fix up your own.
ONLINE BOAT LOANS - 24/7
You could be fishing, waterskiiing or just cruising at sea within a couple of days without the need for awkward face-to-face meetings.
Our loans are unsecured so there's no need to put your new boat, or any other asset, on the line to get the money.
What our customers say
Very happy with harmony finance and would definitely recommend australia
Simple, 100% online
1. Get to know you
First, tell us how much you want to borrow and confirm identity and finance documents we need.
2. Get your offer
We’ll send you a boat loan offer for you to approve that includes everything you need to know.
Step 3. Get your money
Accept your loan offer, send us a few final details, then you should get your money within 24 hours.
What we offer
$2K - $70K
3, 5 or 7 years
$275 or $575
Early repayment fee
- You can get a 3, 5 or 7 year loan term¹
- Secured fixed rates from 5.66%* to 20.07% (comparison rate 6.45%)
- Unsecured fixed rates from 5.76%² to 24.03% (comparison rate 6.55%³)
- Your rate is fixed for the life of the loan
- Establishment fee of $275 for loans under $5,000 ⁴
- Establishment fee of $575 for loans $5,000and over ⁴
- No monthly account keeping or early repayment fees
- You can repay weekly, fortnightly or monthly
*If you take out a secured loan and don’t meet the security conditions within 60 days of the loan advance, the loan will revert to unsecured and the interest rate will change to a higher unsecured interest rate.
Quick boat loan estimate
Try our quick estimate loan calculator to see what interest rate and repayments to expect for a boat loan.
Speeding you out of the dock
Spend less time sorting out finance and more time choosing the perfect boat.
100% ONLINE - 24/7
Apply online through our website with no need for meetings.
NO EARLY REPAYMENT PENALTIES
If you decide to pay off your loan ahead of time, we won’t charge a penalty.
The interest rate you pay is automatically calculated based on your credit profile.
About boat loans
A boat loan is a type of personal loan that can be used to fund any type of boat purchase and other expenses such as storage, equipment and accessories, up to your loan limit. With a number of boat loans on the market, it’s important to know the differences so you can choose the best loan for your needs.
Unsecured boat loan
There are two common types of loan: secured or unsecured. With an unsecured boat loan, you’re not required to put up security for the loan.
All boat loans offered by Harmoney are unsecured.
Secured boat loan
With a secured boat loan, the boat itself (or another asset) is used as security for the loan. That means that if you fail to keep up with your repayments, the boat can be repossessed by the loan provider and sold to recover the cost. Harmoney does not offer this type of loan.
Like car dealers, major boat sellers offer their own finance plans that can have attractive low-interest periods or other perks that make them attractive to buyers. The downsides are that you normally have to pay a deposit up front, the loan is usually secured by the boat itself, and you could pay more overall than with a third-party loan, especially if you have bad credit.
Fixed and variable loans
One of the most important points of loans to compare is whether they have a fixed or variable interest rate. A fixed rate will always stay the same, giving you more certainty and making it easier to budget. A variable rate is likely to rise or fall depending on the economy, making it more of a gamble.
All Harmoney loans have fixed rates, so you can see exactly how much you’ll have to pay for the entire term of the loan. Read more about our rates and fees.
Get moving today
Apply for a boat loan online and start making waves.
Types of personal loans
Harmoney can help you with a loan for the things you need.
If you can’t afford a trip, a holiday loan from Harmoney could give you the money you need for flights and other travel expenses.
Borrow what you need to buy a new or used car, ute or other vehicle. An online loan can get you a better deal on your vehicle purchase.
You don’t have to delay your education because you don’t have the funds. An education loan with Harmoney could cover your expenses.
Consolidating debt means taking out a new loan to replace multiple existing debts, so you’ll only have one regular payment to make.
If you want to make your wedding one for the history books, a wedding loan can give you the funds you need to make your dream a reality.
Harmoney’s business loans for new and established businesses can help your company get off the ground or grow to the next level.
Whether it’s a medical emergency or routine care, Harmoney medical expenses loans are here to help when you need financial support.
You won’t have to delay your home improvements if you qualify for a renovation loan from Harmoney. Find out how much you can borrow.