Boat Loan
 

Key Features

 

Fixed New Boat Loan Rates 
RateTermAmountApprox. Loan Pmt.
6.15% APR12 to 84 months$5,000 - $25,000 
$220.21 for a $15,000 loan amount for 84 months
6.5% APR12 to 120 months$25,001 - $39,999 
$340.64 for a $30,000 loan amount for 120 months

 

Fixed Used Boat Loan Rates 
RateTermAmountApprox. Loan Pmt.
6.15% APR12 to 84 months$5000 - $25,000 
$220.21 for a $15,000 loan amount for 84 months
7.25% APR12 to 120 months$25,001 - $39,999 
$340.64 for a $30,000 loan amount for 120 months

 

  • Additional variable new and used boat loan rates available. Call for more information.
  • Benefits

    • Low monthly payments
    • No early payoff penatly and no application fee
    • Ability to finance the trailer
    • Loans are available in both fixed and variable rates

    Keep in Mind: New Fixed Rate Boat Loans can be financed for up to 90% of the actual purchase price.

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    Details and Disclosures

    Variable Loan Disclosures 
    When the amortization is longer than 12 years, the loan will result in a balloon payment. Financing from 70% - 85% of purchase price (new) or NADA average value (used).
    Prime is 3.25% as of December 18, 2008 and may change daily.
    ‡ These are variable rate loans and the interest rate may increase after consummation of the loan.
    Fixed New Loan Disclosures 
    New Fixed Rate Boat Loans can be financed for up to 90% of the actual purchase price.
    Fixed Used Loan Disclosures 
    Loan Amount will be financed up to NADA average value.
    Used boat loan amounts based on NADA average value. If refinancing a Pentagon Federal Credit Union boat loan, you must apply for an additional $5,000. Ask for details. Other conditions apply.
    Loan example: $10,000 at 6.15% APR; 60 monthly payments of approximately $194.03 each.