The Diamond DA62 is a modern seven-seat diesel twin — twin-engine redundancy with the fuel economy of Jet-A diesels and a composite airframe. This page covers how to finance a DA62 and what lenders look at.
| Factor | Typical for a Diamond DA62 |
|---|---|
| Typical loan amount | $900,000–$1.6M |
| Down payment | 20% |
| Term | 15–20 years |
| Illustrative rate | 7–8% 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 Diamond DA62 Loan
- Diesel twin economics: two Austro Jet-A diesels burn far less than an avgas twin, but reserve for the scheduled engine/gearbox replacement (TBR) on both.
- Twin insurance and the multi-engine rating drive premiums; coverage must bind before funding.
- Modern, higher-value airplane: condition and records support the best terms.
How to Finance a Diamond DA62
- 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 Diamond DA62 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
How much down do I need on a DA62?
For a well-qualified buyer, 15-20% is common; twins can be priced slightly more conservatively. These are typical ranges, not guarantees.
Is the DA62 cheaper to operate than other twins?
On fuel, yes — its diesels burn a fraction of an avgas twin's fuel. The offsetting cost is the scheduled engine/gearbox replacement to reserve for.
Does the multi-engine rating matter?
Yes. Insurers price twins on your multi-engine time and rating; a pilot new to twins should expect training requirements.
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 Diamond DA62 Financing
Tell us about your purchase and we'll compare offers across our lender network for your Diamond DA62.
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