The Daher TBM 960 is the fastest way for an owner-pilot to travel in a single engine — a pressurized, near-330-knot turboprop with a Garmin G3000 flight deck and the automation to make single-pilot turbine flying approachable. Financing a TBM means entering turbine territory: a multi-million-dollar loan, an engine program, and insurance that expects real turbine training. Here's how TBM financing works in 2026, for the current 960 and the used 900-series.
Key takeaways
- Turbine single, turbine loan. A new TBM 960 is roughly $4.5M–$5M; used 900-series TBMs run about $2.5M–$4.5M.
- Owner-flown turbine. Most TBMs are single-pilot owner-flown, which shapes insurance and training requirements.
- Engine program supports financing. PT6-family program coverage protects value and eases underwriting.
- Strong resale. TBMs hold value well, which helps loan-to-value.
- Rates are illustrative. Well-qualified turbine borrowers generally see the upper 6% to mid-7% range in early 2026. Jaken Aviation is a brokerage, not a lender.
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What a Daher TBM 960 Costs in 2026
TBM values step up by generation — the 900, 910, 930, 940, and current 960 — with avionics (G1000 vs. G3000), total time, and engine program status driving value within each.
| Model / vintage | Typical price range | What drives it |
|---|---|---|
| New TBM 960 | ~$4.5M–$5.0M | G3000, latest PT6E engine, warranty |
| TBM 940 / 930 (2018–2022) | ~$3.3M–$4.5M | G3000/G1000, low-mid time, program |
| TBM 900 / 910 (2014–2019) | ~$2.5M–$3.5M | G1000, total time, engine program status |
Illustrative Financing Rates & Terms
Single-engine turboprops finance through specialized aviation lenders weighing the borrower's strength and the engine program. These ranges are illustrative for early 2026, not offers; see our aircraft loan rates guide for the full picture.
| Buyer / aircraft profile | Credit tier | Illustrative APR | Typical down | Typical term |
|---|---|---|---|---|
| Strong financials, on program | Strong (720+) | upper 6% – 7.25% | 15–20% | 15–20 yr amort (balloon optional) |
| Good credit, mid-time | Good (680–719) | 7.25% – 8% | 20% | 10–15 yr |
| Older / off-program engine | Strong (720+) | 7.5% – 8.5% | 20–25% | 10–12 yr |
| Business / leaseback use | Business | priced on profile | 15–25% | structured |
Owner-Pilot Turbine Training & Insurance
The TBM's appeal is single-pilot turbine capability, and that shapes the deal:
- Turbine training is expected. Insurers price a TBM on your turbine and type time. A pilot stepping up from a high-performance piston should plan for a recognized initial course and a mentor period; this helps both premiums and safety.
- Engine program. PT6-family engine program coverage protects against major engine costs and supports value, making the airplane easier to finance.
- Strong resale. TBMs are known for holding value, which supports loan-to-value — a genuine advantage when arranging financing.
- Step-up buyers. Many TBM owners come from a piston single or light twin. See our piston-to-turbine step-up guide for how the financing changes.
Insurance first. On an owner-flown turbine, the insurance and training plan can determine affordability — get a bindable quote and a training plan before a closing date.
Worked Monthly Payment Examples
Illustrative principal-and-interest only, using the rates above; excludes taxes, insurance, and closing costs. Model your own numbers with our aircraft loan calculator.
| Scenario | Price | Down | Financed | Rate / term | Est. monthly (P&I) |
|---|---|---|---|---|---|
| New TBM 960, strong financials | $4,800,000 | 20% ($960,000) | $3,840,000 | 7.0% / 15 yr | ~$34,515 |
| TBM 940, strong credit | $3,800,000 | 20% ($760,000) | $3,040,000 | 7.25% / 15 yr | ~$27,750 |
| TBM 900, good credit | $2,800,000 | 25% ($700,000) | $2,100,000 | 7.5% / 12 yr | ~$22,160 |
Total Cost of Ownership
A single turboprop is efficient for its speed, but turbine ownership has real costs:
- Fuel: the PT6 burns on the order of 55–65 gallons of Jet-A per hour in cruise — efficient for a 330-knot airplane.
- Engine program: hourly program enrollment is the norm and affects financing and resale.
- Insurance: turbine premiums, sensitive to your turbine time and training.
- Recurrent training: annual type-specific training is expected.
- Hangar & maintenance: pressurized turbine systems reward a specialist shop and a hangar.
For a cross-model view, see our aircraft ownership cost guide.
Rates, terms, and prices in this article are illustrative examples for the 2026 market and are not offers of credit. Jaken Aviation is a licensed aircraft financing brokerage — a division of Jaken Finance Group — and does not make loan decisions. All financing is subject to lender approval.
Frequently Asked Questions
How much do I need to put down on a TBM?
Typically 15-20% for a well-qualified buyer, more on older or off-program aircraft. Turbine lenders weigh your financial strength and the engine program alongside the down payment. These are typical ranges, not guarantees.
Can I fly a TBM single-pilot as a first turbine?
Yes, the TBM is designed for single-pilot operation, but insurers expect real turbine training and often a mentor period for a first-time turbine owner. Plan the training and insurance before closing.
Does the engine program affect financing?
Yes. PT6-family program coverage protects against major engine costs and supports value, making the airplane easier to finance. Off-program engines invite more conservative terms.
Do TBMs hold their value?
TBMs are known for strong resale, which supports loan-to-value and can help your financing terms. Condition, total time, and program status still drive individual values.
Are the rates in this guide guaranteed?
No. Every figure is illustrative for planning only. Jaken Aviation is a brokerage, not a lender; your actual offer comes from a lender after a full application and is subject to credit approval.
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