The Cessna 206 is a utility hauler that many owners buy to earn revenue — skydiving, floats, cargo, or Part 135 — so financing often involves business use as well as personal credit. This page covers how to finance a 206; for 2026 values and worked examples, see the full guide below.
| Factor | Typical for a Cessna 206 |
|---|---|
| Typical loan amount | $150,000–$745,000 by vintage |
| Down payment | 15–20% |
| Term | up to 20 years |
| Illustrative rate | mid-to-upper 6% for well-qualified buyers |
Figures are illustrative for planning, not offers of credit. For current market prices and worked payment examples, see the resources linked below.
What Shapes Your Cessna 206 Loan
- Commercial use changes underwriting. For business or Part 135 operations, lenders may look at business financials and a debt-service view, and depreciation may apply (confirm with a CPA).
- Mission equipment — floats, jump doors, cargo mods — should be documented; it affects value and insurance.
- Strong resale on this utility single supports loan-to-value.
How to Finance a Cessna 206
- Get pre-qualified. A quick pre-qual tells you your likely rate and budget and makes you a credible buyer.
- Find the aircraft. A clean, mid-time, well-documented example earns the best terms.
- Submit the application & aircraft details. The lender reviews you and the airplane (specs, logs, damage history).
- Pre-buy inspection & appraisal. Most lenders want a pre-buy on a used aircraft before funding.
- Bind insurance & close. Coverage is bound, funds wire, and you take delivery.
Documents You'll Typically Need
- Personal financial statement and recent tax returns (business returns if buying through an entity)
- Recent bank/brokerage statements showing funds for the down payment and reserves
- Pilot certificate and, for higher-performance aircraft, time-in-type or a training plan
- The purchase agreement and the aircraft's specifications and logbooks
- An insurance quote you can bind at closing
Why work with a broker? Jaken Aviation is a brokerage, not a lender. We shop your Cessna 206 loan across a national network of aviation lenders and compare structures so you don't have to apply to each one yourself.
Frequently Asked Questions
Can I finance a 206 for a skydiving or charter operation?
Yes. Commercial 206 financing is common; lenders typically evaluate the business's financials and the aircraft's intended use.
How much down do I need on a 206?
For a newer 206 with strong credit, 15-20% is common; older airframes push toward 20-25%. These are typical ranges, not guarantees.
Does the turbo (T206H) change financing?
Not structurally — it adds value, so the loan is larger, but finances on similar terms.
Rates, terms, and figures 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.
Get Pre-Qualified for Cessna 206 Financing
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