Boat Ownership Cost Calculator

Everything a boat costs in a year, not just the payment. Every figure is a starting estimate: change any of them.

The boat

Boat price$ Lengthft Engine powerhp Fuel

Financing

Down payment% Loan termyears Interest rate (APR)% Paying cash

Running costs per year

Slip or storage$/ft/moMarina slips often run $8–$30 a foot a month; a trailer at home, $0. Insurance% of priceUsually 1–2% of the boat's value. Maintenance and repairs% of priceA common rule of thumb is 2–10%; older boats need more. Hours on the waterhrs Fuel burn at cruisegal/hrEstimated from the engine power; change it if you know better. Fuel price$/gal Winterizing and haul-out$ Registration, taxes and fees$ Gear, safety kit and extras$ Depreciation% a yearValue lost each year; not money out of pocket.

Cost of owning, per year

$0 a month · $0 per hour on the water

Plus about $0 a year in lost value (depreciation), which you get back only if you sell for less than you paid.

Estimates to help you budget, not quotes. Slip fees, insurance, fuel and upkeep vary a lot by boat, place and how you use it; ask the marina, an insurer and a mechanic for real numbers.

Work out the loan in detail