Get on the water faster
Personalised rates from
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
Thank for your help Ron. Vic, Australia
I have dealt with Mia throughout- she is so patient courteous and professional. Thank you Mia for your guidance you were amazing Qld, Australia
Will always use you when in need. Qld, Australia
I Really needed the loan to finish my home
very reliable excellent customer service
i do recommend NSW, Australia
The approval rate was extremely quick.easy online application. no having to make appointments and wait at the bank.
Much better than the major banks.will not use a bank again.Give Harmoney your business.
Will use again.
Thank you. NSW, Australia
Easy hassle free no stress.
Team were very pleasant to deal with.
I would definitely use Harmoney again. NSW, Australia
The approval took less then 24 hours notice.
All emails were responded in quick time.
Would recommend Harmony to anyone. , Australia
Quick and painless. Love the fact that I was notified of status of each step of the process.
Thank you Harmoney.
Great communication and service. WA, Australia
Thank you Harmony , Australia
Following the completion of the documentation, which involved in putting my personal details, Medibank details, Driving License and uploading a copy of my bank statement and specifying the amount I would like to borrow, I received confirmation the next morning that the loan had been approved.
Three days later the funds had been received. It was that quick and that simple.
The rate I got was also very reasonable.
I honestly can not fault this service. It was quick, painless and easy. I was informed all the way and their online account is really easy to navigate and use. I will be using them again and I will be recommending them in the future.
Really please customer Vic, 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 - $50K
3 or 5 years
$275 or $575
Early repayment fee
- All loans are unsecured
- Rates from
6.99%- 25.69% p.a.¹ (comparison rate 7.79%- 26.65% p.a.²)
- Your rate is fixed for the life of the loan
- You can repay weekly, fortnightly or monthly
- Establishment fee of
$275for loans under $5,000³
- Establishment fee of
$575for loans $5,000and over ³
- No monthly account keeping fees
Can anyone apply for a boat loan?
For Australia: to apply for a boat loan in Australia, you must be:
- Aged 18 years or older
- An Australian citizen, Permanent Resident or New Zealand citizen
- Employed full time or permanent part time
- Able to provide photo ID documents such as an Australian driver’s licence or passport
- Free from any defaults, judgements or bankruptcies on your credit file
- Borrowing a minimum $2,000 loan
For New Zealand: to apply for a boat loan, you must be:
- Aged 18 years or older
- A New Zealand citizen or Permanent Resident
- Earning a stable income
Applying for a boat loan or boat repair loan on Harmoney has the same requirements as most other types of loans we offer.
Can I include insurance and other costs in my boat loan application?
Yes, your loan can pay for all expenses related to buying and operating a boat, up to your borrowing limit.
What type of boat can a boat loan be used for?
You can use your loan to buy any type of boat, new or used, that’s covered by your borrowing limit. Whether it’s a sailboat, speedboat or a jet ski, let us know your plans when you apply.
Can I get a loan to repair my own boat?
Yes, you can use a personal loan as a boat repair loan to help with urgent repairs, general maintenance or upgrades to an existing boat.
Can I use my loan to pay off my boat dealer?
If you’re already using dealer finance to pay for a boat and you can't get out of the agreement, you could find a new loan with better terms to pay off your old loan. Harmoney’s debt consolidation loans are designed as a flexible solution to help borrowers get out of debt.
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.
We're real people and here if you need us
Terms and conditions
1. Subject to approval and funding. Harmoney’s interest rates range from
2. Comparison rate of
3. Establishment fee of