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FOXMXPSYCHO 03-24-2007 03:14 AM

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

DaveP 03-24-2007 06:51 AM


Originally Posted by FOXMXPSYCHO (Post 2069132)
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

Hi 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

Loan Ranger 03-24-2007 01:22 PM

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

DaveP 03-24-2007 02:48 PM


Originally Posted by Loan Ranger (Post 2069465)
George,
$7.46 per thousand financed.

DAMN! I hate typos early on a Saturday morning!

$7.42 is what I meant - my bad! :D


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