numberconvert.com
2025 lender data

Jet Ski Loan Calculator

Determine jet ski or PWC payments, compare seasonal offers, and see how much total interest you pay before committing to a dealer or credit union loan.

APR range

6% - 16%

Based on recent credit union and manufacturer promo data.

Loan terms

3 - 6 years

Most lenders top out at 72 months for recreational PWCs.

Down payment

20% target

Keeps the loan right-side up despite 20-25% year-one depreciation.

Interactive Loan Builder

Adjust price, term, credit tier, and condition to watch payments update instantly using the shared VehicleLoanCalculator engine.

Enable Smart Defaults

Get personalized default values based on your location, age, and income. All data is stored locally on your device.

  • Auto-fill calculator fields with realistic values
  • Region-specific tax rates and costs
  • Age and income-appropriate suggestions
  • Learn from your calculator usage

Privacy: No data is sent to our servers. Everything stays on your device.

Jet Ski / PWC Details

$
$5k$25k
0%10%20%30%50%

Recommended: 20%+ down payment

%
0%10%15%25%
12 yrs36 yrs60 yrs

Longer terms = lower monthly payment but more interest

Compare Loan Terms

12 years
Monthly:$106.57
Total interest:$5,745
Save vs longest term:$33,920
36 years
Monthly:$71.38
Total interest:$21,238
Save vs longest term:$18,428
60 years
Monthly:$68.42
Total interest:$39,666

Budget for these PWC costs beyond your payment:

  • • Insurance: $300-$1,500/year (varies by model and location)
  • • Trailer: $1,500-$3,500 one-time (if not included)
  • • Storage: $0-$800/year (winter storage or marina fees)
  • • Maintenance: $300-$800/year (oil, filters, winterization)
  • • Fuel: $300-$800/year (depends on usage)
  • • Registration: $50-$200/year (varies by state)

Loan Results

Monthly Payment

$69.19

48 year term at 8.50% APR

Loan Breakdown

Jet Ski / PWC price:$12,000
Down payment (20%):-$2,400
Amount financed:$9,600
Interest rate:8.50% APR
Loan term:48 years (576 months)
LTV ratio:80.0%

Total Cost

Total of 576 payments:$39,851.55
Total interest paid:$30,251.55
Down payment:$2,400
Total amount paid:$42,251.55

📋 Financing Notes

  • • Loan terms over 15 years typically require jet ski / pwc values over $100,000.
  • • New jet skis / pwcs depreciate 18% in year 1 (est. $2,160 loss). Consider certified pre-owned.

First Year Payment Breakdown

MonthPrincipalInterestBalance
1$1.19$68$9,599
6$1.23$67.96$9,593
12$1.28$67.9$9,585

Early payments are mostly interest. Principal portion increases over time.

Live snapshot
Rates reflect current recreational lender data

Jet Ski Payment Explorer

Model a quick scenario before diving into the full calculator. Adjust price, APR, and term to see how monthly payments and lifetime interest respond.

Projected payment

$246

Includes loan amount of $12,000

Total interest

$2,772

Down payment: $3,000

Loan-to-value

80%

Keep LTV under 80% to avoid rate bumps.

Solid down payment target
Targeting at least 20% down keeps your payments smaller and limits negative equity during the heavy depreciation years.
Payment by loan term
Principal vs interest share
  • Principal$12,000
  • Interest$2,772
Rate & readiness playbook

Context for better quotes

Use these quick notes to prep before calling a dealer or credit union. Tap each item to learn how timing and gear affect approvals.

How to Use This Calculator

Enter the jet ski price, down payment, APR, and term to preview monthly payments and lifetime interest before locking in financing.

Quick-start checklist

  1. Enter your target purchase price (MSRP or negotiated).
  2. Input your planned down payment amount or percentage.
  3. Use the APR quoted by your bank, credit union, or manufacturer promo.
  4. Select a term between 36 and 72 months to balance payment vs total cost.
  5. Review the payment, total interest, and depreciation warnings.
Depreciation hits hard in year one
New PWCs drop roughly 18-25% of their value during the first season (NADA Guides). Stay near 20% down to prevent negative equity if you trade or sell within the first year.

Understanding Jet Ski & PWC Financing

Loan basics

Personal watercraft loans typically run 36-72 months with APRs between 6-16% depending on credit score (Federal Reserve consumer credit trends). Sea-Doo, Yamaha, and Kawasaki frequently run winter 0% APR promos (manufacturer promos), while credit unions provide some of the lowest recreational rates (NCUA data).

PWC categories

  • Recreation:

    $8K-$12K · 1-2 seats · casual weekend riding

  • Performance:

    $12K-$18K · high speed · racing capability

  • Luxury/Touring:

    $15K-$22K · 3 seats · upgraded comfort

Credit score impact

  • Excellent (720+)6-9% APR
  • Good (680-719)9-12% APR
  • Fair (640-679)12-16% APR
  • Poor (<640)16-20%+ APR

New vs used PWCs

Buying a 2-3 year old jet ski can trim 30-40% off MSRP, while new units depreciate 20-25% in year one (NADA Guides). However, new models qualify for manufacturer incentives and the lowest APRs, so use the calculator to compare both paths.

Seasonal strategies & add-ons

Off-season tip

The best time to buy a jet ski is September through February. Dealers clear inventory and typically discount 10-20% compared to peak summer pricing, while manufacturers occasionally layer 0% APR promos (Boat buying seasonality).

Trailer considerations

Many used PWCs do not include trailers. Budget the following add-ons (J.D. Power/NADA):

  • Single trailer: $1,500-$2,000
  • Double trailer: $2,500-$3,500
  • Used trailer (inspect for rust): $800-$1,500

Ownership costs & maintenance

Plan for recurring expenses beyond your monthly payment.

Annual budget ranges

  • Insurance$200-$600/yr
  • Storage / marina$360-$1,800/yr
  • Maintenance$200-$500/yr
  • Fuel$300-$800/yr
  • Registration$50-$200/yr

Source: NAIC and dealer estimates.

Maintenance rhythm

  • Oil changes every 50 hours or annually
  • Spark plugs every 100 hours
  • Impeller inspection each season
  • Winterization services ($150-$300) if not DIY (manufacturer guidelines)

Smart Buyer Checklist

  • Get pre-approved with a credit union before shopping inventory.
  • Compare dealer financing vs. local lender rates and fees.
  • Check for manufacturer rebates, accessories, and 0% promos.
  • Inspect hulls for damage and verify engine hours on used PWCs.
  • Confirm maintenance history and compression tests when possible.
  • Budget separately for trailer, safety gear, covers, and PFDs.