Boat loans

Name: Harmoney Australia
Address: Level 36, Governor Philip Tower, 1 Farrer Place, Sydney, NSW, 2000, Australia
Telephone: 1300 042 766
Price range: $2,000 to $70,000 loans

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.

IN CONTROL

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.

UNSECURED LOANS

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

5.0 2024-11-15 Glen Hassle free, I have always had a great interaction with Harmoney. australia

5.0 2024-11-15 Steve Fast and Easy 3rd loan I always pay them off within 2 years which has worked fantastic for me australia

5.0 2024-11-14 Ben Easy experience. Not my first loan and probably not my last australia

5.0 2024-11-12 Marlene Fast and easy application process. Have a current loan with Harmony so it was a no brainer when I needed to borrow again. Thanks Harmony australia

5.0 2024-11-07 Brendan Been using harmoney for years and love it. australia

5.0 2024-11-07 Brian Applying for a loan was quick, easy and painless. australia

5.0 2024-11-05 Anonymous Customer Harmoney is fast, easy to use and totally hellpful! australia

5.0 2024-11-02 aquiles speedy, professional service, and helpful to customers, thanks Harmoney.

achiles australia

5.0 2024-10-24 Carolyn Never had an issue with Harmoney, would recommend australia

5.0 2024-10-22 Jaqui This is my second time getting a loan through Harmoney and once again the process has been simple and stress free. They’ve taken such a weight of my shoulders enabling me to get a loan and I am grateful. australia

5.0 2024-10-16 Wayne I think harmony is very helpful australia

5.0 2024-10-09 Anonymous Customer Great service. Fast and effortless. I would highly recommend Harmoney! australia

5.0 2024-10-08 Edwina Harmoney always makes things so easy thank you so much australia

5.0 2024-10-07 Jasen Harmony were very professional and made this application very easy, australia

5.0 2024-10-04 Nathan Always a pleasure to apply with Harmoney. Very nice experience. australia

4.8/5

4.8 overall rating

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

Loan limits

3, 5 or 7 years

Loan terms

$275 or $575

Establishment fee

$0

Early repayment fee

You can get a 3, 5 or 7 year loan term¹
Fixed rates from 5.76%² (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

Find out more about our rates and fees

Common boat loan questions

Quick boat loan estimate

Try our quick estimate loan calculator to see what interest rate and repayments to expect for a boat loan.

Personal loan calculator

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.

PERSONAL RATE

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.

Dealer finance

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.