CURRENT BOAT LOAN RATES
New, Used and Refinanced Boat Loans
Boat Loans APRs (Annual Percentage Rate) as low as 4.48% **
Please Refresh/Reload this page for the latest rates.
Effective from 06/10/2011 - 6/30/2011
Tuesday, April 26th, 2011
| Special Boat Loan Rates1 | |||||
| Loan Amount | APR | Term | Pay Per $1,000 (Initial Period) | APR (At reset) | Pay Per $1,000 (At reset) |
| $300,000+ * | 4.48% | 20 Years | $6.32 (1 yr) | 5.60% | $6.94 |
| $150,000+ *** | 5.38% | 20 Years | $6.81 (5 yrs) | 5.25% | $6.74 |
| Fixed Rate Boat Loan Programs2 | |||||
| Loan Amount | APR | Term | Pay Per $1,000 | ||
| $100,000+ *** | 5.25% | 20 Years | $6.74 | ||
| $100,000+ **** | 5.37% | 20 Years | $6.81 | ||
| $50,000 - $99,999 **** | 5.62% | 15 Years | $8.23 | ||
| $25,000 - $49,999 ***** | 6.50% | 15 Years | $8.71 | ||
| * 1 year LIBOR contains 1 year pre-payment penalty, adjusts to 3.75% over WSJ LIBOR after 1 year, minimum down payment 30% | |||||
| ** Rate based on value with minimum of 20% plus down payment and minimum 760+ credit score 2010 or newer model year increase rate by .25% for 20 year term & .25% for 2009 or older model years | |||||
| *** Fixed for 5 years amortized over 20 includes a 2 yr prepayment penalty & 20% down payment, Adjusts to WSJ + 200 bps after initial period | |||||
| **** May have a 2 yr pre-payment penalty with 15%-20% down payment, may have value and 760 credit score requirements | |||||
| ***** May have a credit score requirement of 740+ and LTV of 80%, pricing may be based on year of vessel also may have geographic limitations | Credit score requirements on most programs *Certain territorial and collateral restrictions may apply and rates subject to change. | ||||
| 1 These rates are variable and may change after closing 2 All fixed rates requires a 20% minimum down payment - Effective from 06/10/2011 to 06/30/2011 | |||||
Please Call for Details on the Following:
- Financing for European Citizens
- Sail, Catamaran, and Multi-Hull Specialists
- Limited Charter - High Performance
- Interest Only Loans
- Foreign Registration & Delivery
- Offshore Delivery & BVI Corps
- 90-Day Deferred Payment Program
Please feel free to use our convenient and Secure Credit Application. This is the quickest and easiest way for us to process your application!
Just want information?Feel free to request general information and we will send you an information packet that you can complete and return!
Want an even quicker response?Pick up the telephone and call us now: 1-800-556-0666
