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We will be closed Saturday July 31st and Monday August 2nd to observe the Civic Holiday long weekend
.. We hope that everyone enjoys another great long weekend on the water!
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We are pleased to offer simple, competitive financing options through our partnership with Homebrook Financial Group.
Bernice Ranalli and Deborah Mallen are just a phone call away. They offer fully open loans with competitive rates and longer amortization periods than your local bank.
Havent decided on which boat yet but your wondering what you can afford? Speak with Bernice or Deb about a pre-approval. This way you are ready to move quickly when your ship comes in.
Why secure your next loan through Homebrook Financial Group? Here are just a few reasons:
Minimal down payment (on approved credit)
Extended amortization available up 20 years keeping your monthly payments low
All loans are fully open no penalty for early repayment
Interest rates are fixed in 5 year increments
Keep your other assets clear. Only your boat is used as collateral
Competitive interest rates are negotiated through most major financial institutions
You can reach Bernice or Deborah by calling their toll free number at 1-866-440-4822.
Homebrook Financial Group
242 Homebrook Drive
Mount Hope, Ontario
L0R 1W0
905-679-3445 phone
866-440-4822 toll free
905-679-8466 fax
bernice@homebrookfinancial.ca
If you are curious about what boat would fit in your budget, here are a few simple calculations to consider:
For boats priced from $10,000.00 to $23,000.00, multiply the total (after tax) purchase price by 0.01267 to arrive at an estimated monthly payment for a 120 month (10 year) amortization.
For boats priced from $23,000.00 to $40,000.00, multiply the total (after tax) purchase price by 0.009847 to arrive at an estimated monthly payment for a 180 month (15 year) amortization.
For boats priced from $40,000.00 and up, multiply the total (after tax) purchase price by 0.008678 to arrive at an estimated monthly payment for a 240 month (20 year) amortization.
Of course many other terms are available and the larger your down payment the lower your monthly payments will be. These simple calculations are offered to act as a basic guide for rough budgeting purposes.
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