Boat Loans
as low as

5.⁴⁹

%

APR

The APR (Annual Percentage Rate) is effective as of 07/01/2024. Rates range from 5.49% to 18.00% APR with terms up to 180 months. Upon submitting an application, you may qualify for a higher or lower loan amount and/or higher APR. The APR is determined by various factors within Arkansas Federal’s custom scoring model, including, but not limited to, credit score, credit history, income, and debt-to-income. You must have a minimum household annual income of $25,000, be over 18 years of age, and have a valid U.S. Social Security Number to be considered for an Arkansas Federal motorcycle, boat, ATV, or RV loan. Loan approval is subject to confirmation that your income, debt-to-income ratio, credit history, and application information meet all requirements. Up to 100% financing is available. New (never been titled) values are based on the MSRP as stated by the NADA unless the MSRP is provided by the dealer. Used (previously titled) values are based on the NADA average retail. Some restrictions apply. Full coverage insurance with a maximum deductible of $1,000 is required on all motorcycle, boat, ATV, and RV loans. The borrower is responsible for adding Arkansas Federal as a lienholder. Offer and rate advertised are subject to change without notice. Membership with Arkansas Federal is required.

Competitive rates and convenient terms.Terms range from 24 to 180 months: Motorcycle/ATV: 24-84 months and Boat/RV: 60-180 months.

So many lakes, so little time. Make your dream of owning a boat a reality. We offer competitive rates and flexible terms for all types of boats, including fishing boats, pontoons, personal water crafts, and more! Get started today!

100% Financing

Up to 100% financing for new or used boats, including taxes and other applicable fees.With approved credit.

Affordable Payments

Fixed rates and terms up to 180 months so you can get a boat loan that works for you.Terms range from 24 to 180 months: Motorcycle/ATV: 24-84 months and Boat/RV: 60-180 months.

$0 Application Fee

There’s no cost to apply, and the application is easy. Get started today!

Frequently Asked Questions

What types of boats can I finance with?

We offer financing for all types of boats, including fishing boats pontoons, personal watercraft, and more! Curious if your dream boat will be covered? Get in touch with us.

How do I get a boat loan?

To get started, complete a boat loan application. You can apply online, visit any of our local branches, or call us 800.456.3000 at your convenience.

How do boat loans work?

Boat loans are similar to auto loans or mortgage loans. You will need to make monthly payments on your loan until your loan is fully repaid. The interest rate and length of your loan will vary depending on creditworthiness, term, LTV (Loan-to-Value), and amount borrowed.

Are the loan rates the same for all boats?

No, rates are based on borrower qualifications, creditworthiness, LTV (Loan-to-Value), term, and amount financed.

What is the typical term for a boat loan?

While the average boat loan is 10 years, other terms are available and may vary depending on many factors, such as:

Is the boat brand new, used, or refinanced?
How much do you intend to borrow?

Does Arkansas Federal offer refinancing?

Yes! You can refinance with us if your current loan is not originally from Arkansas Federal.