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Rates
 

Boat & Watercraft Loan


EFFECTIVE DATE: February 2, 2012


New Boat & WatercraftUp to 84 months Up to 100% of Retail Value4.875% - 10.875%5.450% - 11.450%
85 to 144 months (Financed Amount $30,000 or more) Up to 100% of Retail Value4.875% - 10.875%5.875% - 11.875%
145 to 240 months (Financed Amount $50,000 or more and must have sleeping accommodations, built-in cooking equipment and toilet facilities with holding tank) Up to 100% of Retail Value7.730% - 13.730%8.730% - 14.730%
Used Boat & WatercraftUp to 84 months Up to 100% of Retail Value5.875% - 11.875%6.875% - 12.875%
85 to 144 months (Financed Amount $30,000 or more) Up to 100% of Retail Value5.875% - 11.875%6.875% - 12.875%
145 to 240 months (Financed Amount $50,000 or more and must have sleeping accommodations, built-in cooking equipment and toilet facilities with holding tank) Up to 100% of Retail Value8.240% - 14.240%9.240% - 15.240%

100% financing of retail value, plus tax, license, document fees and service maintenance contracts, on approved credit.

New and used boat rates reflect 1/4% discount for automatic or payroll deducted payments.

All Rates and Terms are subject to change without notice.

*APR = Annual Percentage Rate. **Variable rates may increase or decrease during the term of the loan.

Payment Example (Rate effective 4/5/11): New boat/watercraft loan: A 20 year loan at 8.73% fixed APR will have 240 monthly payments of $8.83 per $1,000 borrowed.

 



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