Hit the Open Water
Buying a boat has never been easier. When you apply, you can either let us know what you want or get pre-approved while you shop around. Either way, we want to help you get into the watercraft of your dreams!
How to Apply
It’s as easy as 1, 2, 3!
Apply Online
It only takes 5 minutes to complete our easy-to-use, secure application.
Get Your Approval
Have your approval emailed to you or pick it up at a branch location.
Go to Your Dealer
Take your approval letter to the dealership and close the deal on your new boat!
Boat Loan Rates
New boats and watercrafts: Maximum loan amount is up to 100% of purchase including tax, title, and license.
Used boats and watercrafts: Maximum loan amount is up to 100% of J.D. Power retail value including options
Annual Percentage Rate15 |
Term |
Loan Amount |
Payment Example Per $1,000 Borrowed |
As low as 5.99% |
Up to 60 months |
$7,500 and under |
$18.97 |
As low as 6.24% |
Up to 72 months |
$7,501 - 15,000 |
$16.42 |
As low as 6.49% |
Up to 120 months |
$15,001 - 25,000 |
$11.23 |
As low as 6.74% |
Up to 132 months |
$25,001 - 35,000 |
$10.64 |
As low as 6.99% |
Up to 144 months |
$35,001 and greater |
$10.18 |
Calculate Your Monthly Payment
Get estimated rates and monthly payments that work for you.
How much do you need to borrow?
Down Payment Amount
For How Many Months?
60 months 72 months 120 months 132 months 144 months
CALCULATE MY PAYMENT
** Calculator uses floor rate to calculate monthly payments. Rates may differ depending on borrower creditworthiness and underwriting factors.
Your Estimated Monthly Payment Is $536.33 with as low as 5.99% APR15
APPLY IN MINUTES
Boat Loan Features
Low Payments
Low Rates
Flexible Terms
Quick & Easy Loan Application
Personal Service
Pre-Approval Available
Protect your boat with Guaranteed Asset Protection
Stay covered even if your current insurance does not pay for your entire loss in the case of an accident or theft. First Service’s Guaranteed Asset Protection (GAP) will pay off the rest of your loan if the cash value of your vehicle is less than your remaining balance, so you don’t get stuck paying the difference.14
Ask your loan officer how to add GAP coverage.