Financing Information
 

If the boat of your dreams seems just a little out of your reach you may want to call us at 269-469-2600 to see if it fits into your monthly budget.

IF YOU CAN AFFORD THE PAYMENT
YOU CAN AFFORD THE BOAT!!

Most people are pleasantly surprised to discover marine loans are structured with longer terms (most are 10 to 20 years), making the purchase of your new boat
affordable.

Rates, terms and down payments can vary depending upon your own personal credit history, the amount of the loan you are requesting and possibly the age of the boat you are buying. With our expansive network of lenders we will request financing through the best source that will suit your financial needs.

Obtaining conditional approvals from the lenders in most cases will take less than 24 hours from when I
receive your completed credit application package.

Rate Chart
Here is a rate chart you can use to help estimate
what your monthly payment would be.

 

Interest Rate	10 Years $1,000	12 Years $1,000	15 Years $1,000	20 Years $1,000
7.0%	11.61	10.28	8.98	7.75
7.25%	11.74	10.41	9.12	7.90
7.50%	11.87	10.55	9.27	8.05
7.75%	12.00	10.68	9.41	8.20
8.0%	12.13	10.82	9.55	8.36
8.25%	12.26	10.96	9.70	8.52
8.5%	12.39	11.10	9.84	8.67
8.75%	12.53	11.23	9.99	8.83
9.0%	12.66	11.38	10.14	8.99
9.25%	12.80	11.52	10.29	9.15
9.5%	12.93	11.66	10.44	9.32

Sample: Want a $50,000 loan at 8.5% for 15 Years

50 X 9.84 = $492.00 per month
*Monthly Payments Based on a Cost Per $1,000 Financed

Rates and Programs are subject to change without notice.