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.


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RV, boat and other recreational vehicle loan rates
Effective Date: Tuesday, May 28th, 2024
Vehicle typeAPR (Low)*APR (High)Repayment terms

Choose a branch to apply for a loan || Call 800-732-0173

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 examples

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 $175.29.
  • A $20,000.00 new RV or boat loan with a repayment term of 120 months will have a 8.24% APR and a monthly payment of $245.23.
  • 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.


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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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