Boat Loans
At Oregon State Credit Union
Finance a new or used boat with OSCU’s flexible terms and rates as low as 7.99% APR.
Make waves with an OSCU Boat Loan
KEY BENEFITS
Lower fees
Competitive rates
Flexible financing
Easy to apply
Why choose an OSCU Boat Loan?
Buy or refinance your next boat and trailer and enjoy flexible financing options, local service and underwriting, and rates as low as 7.99% APR. We also offer financing for personal watercraft with rates as low as 7.49% APR.
Flexible financing
- Buy or refinance a new or used boat (up to 10 years old) with fixed rates and terms up to 180 months
- Choose shorter terms up to 72 months for faster payoff
- Up to 100% financing available to qualified buyers
Easy to apply
- Apply directly with Oregon State Credit Union
- Enjoy local underwriting and faster loan decisions
- Get pre-approved before you shop, so you’re ready to cruise
Lower rates & member savings
- Enjoy rates as low as 7.99% APR*
- Reduce your rate by 0.25% APR with automatic monthly payments
- Reduce your rate by 0.25% APR by qualifying for Member Merits
- Enjoy low-to-no fees
- Affordable boat insurance and payment protection coverage
*Featured APR includes rate reductions for member merits and automatic monthly payments.
Boat Loan details: your loan, explained
| Vehicle type | APR (Low)* | APR (High) | Repayment terms |
|---|---|---|---|
| New or used boat or RV | |||
| New boat or RV (2024 – 2025) | 7.99% | 19.24% | Up to 72 months |
| New boat or RV (2024 – 2025) | 8.24% | 19.49% | 73-180 months |
| New RV (2024 – 2025) | 8.74% | 10.99% | 181-240 months |
| Used boat or RV (2015 – 2023) | 8.74% | 20.24% | Up to 72 months |
| Used boat or RV (2015 – 2023) | 8.99% | 20.49% | 73-180 months |
| ATVs, horse trailers, motorcycles, snowmobiles and personal watercraft | |||
| New (2024 – 2025) | 7.49% | 18.24% | Up to 72 months |
| New (2024 – 2025) | 7.74% | 18.49% | 73-84 months |
| Used (2019 – 2023) | 8.24% | 19.24% | Up to 72 months |
| Used (2019 – 2023) | 8.49% | 19.49% | 73-84 months |
* 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 a 0.25% APR reduction by qualifying for the Premier Member Merits category. The Member Merits rate discounts are subject to change. | |||
RV, boat and other recreational vehicle loan rates
New or used boat or RV
New boat or RV (2024 – 2025)
New boat or RV (2024 – 2025)
New RV (2024 – 2025)
Used boat or RV (2015 – 2023)
Used boat or RV (2015 – 2023)
ATVs, horse trailers, motorcycles, snowmobiles and personal watercraft
New (2024 – 2025)
New (2024 – 2025)
Used (2019 – 2023)
Used (2019 – 2023)
* 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 a 0.25% APR reduction by qualifying for the Premier Member Merits category. The Member Merits rate discounts are subject to change.
The 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.
- A $10,000 new RV or boat loan with a 72 month repayment term will have a 7.99% APR and a monthly payment of $175.28.
- A $20,000 new RV or boat loan with a repayment term of 120 months will have a 8.24% APR and a monthly payment of $245.20.
- If you delete your automatic payment request, or the credit union terminates your automatic payment request due to insufficient available funds, this interest rate may be increased by one-quarter of one percent (0.25%) for the remaining term of the loan. This rate change will be reflected on your Credit Union statement.
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.
Vehicle refinance calculator*
Use our vehicle refinance calculator to help you decide if it would be worth it for you to refinance your auto loan.
*Interactive calculators are made available as self-help tools for your independent use and are not intended to provide financial advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance matters.
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Looking for something closer to home? Explore our auto loan options for new or used cars, trucks, hybrids, or electric vehicles.
