Originally Posted by coral_bound
Lol pretty rude jimbo. I do own a calculator just thought id let someone else work it out.
Sent from my SCH-I535 using Cruisers Sailing Forum mobile app
Not to rain on your parade, but there are things that are easily computed, such as loan costs and availability. Just google
Even if you buy a 100K boat, expect to spend about 10% of the purchase price
in the first year of ownership
on fixing things that need to be fixed and making the boat your own.
If you have reliable income
and enough assets don't be afraid of a loan. Money
and the bigger and newer the boat the cheaper the money
gets. Loans in the low 4% range are doable. Just be prepared for all the costs that you don't know about yet.