CURRENT BOAT LOAN RATES
New, Used and Refinanced Boat Loans
Boat Loans APRs (Annual Percentage Rate) as low as 4.66% **
Please Refresh/Reload this page for the latest rates.
Effective from 08/27/2010 to 09/10/2010
Friday, August 27th, 2010
| 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+ * | 4.66% | 20 Years | $6.41 (1 yr) | 5.70% | $6.99 |
| $150,000+ *** | 5.87% | 20 Years | $7.09 (5 yrs) | 5.25% | $6.74 |
| Fixed Rate Boat Loan Programs2 | |||||
| Loan Amount | APR | Term | Pay Per $1,000 | ||
| $100,000+ ** | 5.75% | 20 Years | $7.02 | ||
| $100,000+ **** | 5.87% | 20 Years | $7.09 | ||
| $50,000 - $99,999 | 6.25% | 15 Years | $8.57 | ||
| $25,000 - $49,999 **** | 6.87% | 15 Years | $8.37 | ||
| * 1 year LIBOR contains 1 year pre-payment penalty, adjusts to 3.75% over WSJ LIBOR after 1 year, minimum down payment 20% | |||||
| ** Contains 2 year pre-payment penalty and minimum of 35% cash down payment | |||||
| *** Fixed for 5 years amortized over 20 includes a 2 year pre-payment penalty & 20% down payment, Adjusts to WSJ + 200 bps after initial period | |||||
| **** Contains pre-payment penalty | Credit score requirements on most programs | ||||
| 1 These rates are variable and may change after closing 2 All fixed rates requires a 20% minimum down payment - Effective from 08/27/2010 to 09/10/2010 | |||||
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