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Boat Loans

Boat Loans

New or used boats – we offer the same low fixed rates on the sea or on the lake.

At a Glance

We offer competitive rates and terms to help you purchase a new boat or refinance your existing boat loan.

Benefits

Same low rates - on new and used boats.
Buy or refinance - borrow to buy your next boat or refinance the one you have.
AS LOW AS
7.74% APR
RATING
4.5 4.5 / 5 stars

INCLUDED DISCOUNT

0.50% for Plus and Relationship members

Boat Loan Rates

For new or used Boats, purchase or refinance. Maximum used boat age to be financed is 10 years. Qualified borrowers can finance up to 90% of NADA retail book value or 90% of the purchase price, whichever is less.

Terms Terms APR¹ APR¹ EMP² Per $1,000 EMP² Per $1,000
Up to 60 Months 7.74% $20.15 - (Minimum Loan Amount $5,000)
Up to 72 Months 8.24% $17.65 - (Minimum Loan Amount $15,000)
Up to 84 Months 8.74% $15.96 - (Minimum Loan Amount $15,000)
Up to 120 Months 9.24% $12.80 - (Minimum Loan Amount $25,000)
Up to 180 Months 9.24% $10.29 - (Minimum Loan Amount $50,000)
Up to 240 Months 9.24% $9.15 - (Minimum Loan Amount $75,000)
Terms Terms APR¹ APR¹ EMP² Per $1,000 EMP² Per $1,000
Up to 60 Months 7.74% $20.15 - (Minimum Loan Amount $5,000)
Up to 72 Months 8.24% $17.65 - (Minimum Loan Amount $15,000)
Up to 84 Months 8.74% $15.96 - (Minimum Loan Amount $15,000)
Up to 120 Months 9.24% $12.80 - (Minimum Loan Amount $25,000)
Up to 180 Months 9.24% $10.29 - (Minimum Loan Amount $50,000)
Up to 240 Months 9.24% $9.15 - (Minimum Loan Amount $75,000)

Rates are effective {currentdate}.

¹APR= Annual Percentage Rate. Rates are determined by your personal credit history, loan term, account relationship, and payment method. Rates listed are for this product only and are subject to change at any time. Rates and terms on loans for other types of vehicles will differ. Published rate includes a 0.50% discount given when you maintain electronic payments and Plus or Relationship benefits on your DCU checking account.

²EMP = Estimated Monthly Payment

Plan for Your Boat Loan

Choose from our easy to use calculators to help you manage your boat loan.

What Our Members Are Saying

Amazing credit union

RATINGS 5 5 / 5 stars

This was fastest and easiest loan I have ever obtained. I went in to speak to someone originally and actually didn't even need to. Everything was done via e-mail and I had a check 4 days later. I am going to try to refi with DCU as well for other loans.

Chris - Ashburnham, MA

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Fantastic Loan Representative

RATINGS 5 5 / 5 stars

Truly a great experience. From our first conversation through the loan closing, DCU has an incredible capacity to hire team members that always have a great attitude. Over the past 10 years, not once has the experience been anything but outstanding.

TGS - Brookline, MA

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Boat Loan

RATINGS 5 5 / 5 stars

The process was very easy and fast! The customer service was outstanding, at every step of the process.

jom5413 - Portsmouth, RI

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