# Harmoney Purchase Boat — Australia

Start your time on the water

Marine finance typically requires the vessel as security, a marine survey, and specialised lending products with limited options.

Your boat, paid for with a straightforward personal loan. No marine mortgage, no vessel survey, no registration as collateral.

A Harmoney personal loan lets you borrow $10,000 to $100,000 for a boat, jet ski, or watercraft. The loan is unsecured — the vessel is not used as collateral, so there is no marine survey requirement and no lien on the title. Fixed rate, $0 monthly fees, $0 early repayment fees.

Harmoney holds Australian Credit Licence 474726.

Typical amount for this purpose: $10,000 – $100,000 — guidance, not a product limit; the loan amount range below applies.

## How purchase boat finance works

- Check your rate: A soft inquiry in as little as 3 minutes — no impact on your credit score.
- Choose your loan: Pick an amount and term that fits your budget.
- Get funded: 93% of approved loans are paid out within 24 hours.
- One repayment: Fixed weekly, fortnightly, or monthly — you choose.

## Buying a boat — what to consider

**Budget for running costs.** Mooring, insurance, registration, fuel, and maintenance add up. A common rule of thumb is 10% of the purchase price per year in running costs.

**Get a marine survey for used vessels.** A qualified marine surveyor can identify structural, mechanical, and safety issues that are not visible to a buyer.

**Check registration and title.** Ensure the vessel is not subject to existing finance or liens. A PPSR search can confirm this.

## Personal Loan (unsecured)

- Interest rate: 5.76% p.a. – 24.03% p.a. (fixed)
- Comparison rate: 5.76% – 24.98% p.a. (NCCP Regulation 100, $30,000 over 5 years)
- Loan amount: $2,000 – $100,000 (increments of $100)
- Terms: 3, 5 and 7 year
- Repayments: weekly, fortnightly and monthly
- Establishment fee: $275 (loans up to and including $4,999) or $575 (loans of $5,000 and over)
- No monthly fees, no early-repayment fee.

### Important information

Harmoney Australia Pty Ltd (ACL 474726, AFSL 474726). Dispute resolution: Australian Financial Complaints Authority, membership 43816.

Comparison rate warning: the comparison rate applies only to the example given (NCCP Regulation 100). Different amounts and terms result in different comparison rates.

The rate offered depends on your individual credit assessment. Fees, charges, terms and conditions apply.