PO Box 948, Seward, Alaska 99664
Email: Deborah Altermatt

Phone: 907-224-3160
Fax: 907-224-7649

Home Page

New and Used Boats For Sale:
Complete list of boats now available

Daily Sailing Tours                    Alaskan Rover

Financing that new or used boat

    Not unlike buying a car or home, purchasing a boat takes you to the world of financing institutions… a sort of Lending Trek.  Depending on your credit rating and where you go for a loan, boats can be financed up to 100%, for up to twenty years, and the lending rate can vary not only bank to bank and credit union to credit union, but you might even be able to negotiate your interest rate.
    A wise buyer shops around for the best term and rate -- a rate that fits your budget and makes your purchase a pleasant experience for years to come.  If you can afford the higher payment, a shorter-term loan can save you much in interest, but if you're not in a rush and prefer more comfortable payments, that can be arranged as well.  It depends on your income, your credit rating, and your ability to find out your different options.
    Before you shop Outside, you might want to compare rates for the following lending institutions right here in Alaska: