Boat loans
Apply today for a boat loan with Oregon State Credit Union and get money-saving financing for new or used water craft. No application fees, no prepayment penalty for early loan payoff. Up to 100% financing and discounts available to qualified buyers.
Check boat loan rates here. || Use our boat vehicle loan calculator.
Vehicle type | APR (Low)* | APR (High) | Repayment terms |
---|---|---|---|
Choose a branch to apply for a loan || Call 541-714-4000 | |||
New or used boat or RV | |||
New boat or RV (2023-2024) | 7.99% | 19.24% | Up to 72 months |
New boat or RV (2023-2024) | 8.24% | 19.49% | 73-180 months |
New RV (2023-2024) | 8.74% | 10.99% | 181-240 months |
Used boat or RV (2014-2022) | 8.74% | 20.24% | Up to 72 months |
Used boat or RV (2014-2022) | 8.99% | 20.49% | 73-180 months |
ATVs, horse trailers, motorcycles, snowmobiles and personal watercraft | |||
New (2023-2024) | 7.49% | 18.24% | Up to 72 months |
New (2023-2024) | 7.74% | 18.49% | 73-84 months |
Used (2018-2022) | 8.24% | 19.24% | Up to 72 months |
Used (2018-2022) | 8.49% | 19.49% | 73-84 months |
About these rates*APR (Low) indicates the lowest annual percentage rate you may qualify for on the loan. The annual percentage rates shown in the table are reflective of a range of rates available. All loans are subject to approval. You may qualify for the lowest rates published depending upon your credit qualification, the amount financed, receiving a 0.25% APR reduction by maintaining an automatic loan payment each month and 0.25% APR reduction for qualifying for the Premier Member Merits category. The Member Merits rate discounts are subject to change. Payment examplesThe following examples illustrate the expected monthly loan payments for members who qualify for the prime rate, premier member merit status and enroll in automatic monthly payments.
We may offer other rates in the future. We may be able to match rates from other lenders. All loans are subject to approval. |
Vehicle loan payment calculator
Many factors go into determining the final loan amount for the purchase of a new or used vehicle. These factors include any manufacturer's rebate, the trade-in value of your old vehicle less any outstanding balance, your down payment, etc. Once the loan amount is determined the interest rate and the term of the loan will be used to estimate your vehicle payment.
About boat loans at Oregon State Credit Union
Looking to purchase or refinance a variety of new or used watercraft and trailers? We can help. Get NADA pricing guides.
What is a "secured" boat loan?
Boat financing is a loan secured by the title of a new boat and trailer. New is defined as the current and prior model year, and not previously titled.
What can the boat funding be used for?
Use funds to purchase a new boat, trailer and motor, or to refinance an existing new boat loan.
What kind of boat loan discounts are available?
A discounted rate for automatic payment transfer. An additional discounted rate for members in Enhanced or Premier Member Merits categories
What kinds of boats cannot be financed with an Oregon State Credit Union loan?
We do not finance yachts or sailboats.
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