Cruise Into Better Rates
Choose from competitive rates and flexible terms that fit your budget, so you can finance the boat you really want without compromising.
Low Rates & Flexible Terms
Fast Approval
No Payments for up to 60 Days1
Easy Online Process
Boat Loan Features
Whether you’re upgrading or buying your first boat, flexible terms and low rates help make it possible.
Boat Loan Rates
Life’s adventures aren’t one-size-fits-all. Your financing shouldn’t be either.
| Terms | Minimum Loan Amount | APR* As low as | Estimated monthly payment per $1,000 | Maximum Discounted APR*† As low as | Estimated monthly payment per $1,000 |
|---|---|---|---|---|---|
| Up to 66 months | $7,500 | 10.24% | $19.88 | 9.49% | $19.51 |
| 67 - 96 months | $25,000 | 11.24% | $15.84 | 10.49% | $15.43 |
| 97 - 144 months | $50,000 | 12.24% | $13.28 | 11.49% | $12.83 |
*APR = Annual Percentage Rate. Rates are effective as of June 1, 2026 and are subject to change without notice.
†0.25% loan rate discount is only available on new eligible loans and require setting up automatic loan payments from an Inspired or Inspired Plus Checking account. One discount per qualifying loan.
Inspired Checking requires the following within 90 days of account opening: initial minimum deposit of $10, at least $450 in recurring monthly direct deposits, active digital banking registration, and enrollment in eStatements. Inspired Plus checking is subject to the same requirements as Inspired checking, plus a $9 monthly fee. If requirements are not met and maintained, the account will be converted to a Basic or Basic Plus Checking account, which may be subject to different terms and conditions and the auto pay discount will be removed. Access to Perks by Wheelhouse® will also be removed when applicable. Contact a Team Member for further information.
Rates as low as are valid for model years 2021 [this date may change] and newer and include the following discounts on new qualified loans: get a rate discount of 0.50% on terms up to 66 months or 0.25% on terms between 67-84 months when you purchase a vehicle using our auto buying service, New Cars Inc. (NCI) and finance it with Wheelhouse® Credit Union; purchase any two (2) ancillary products to get a 0.25% discount on the rate; and set up automatic loan payments via your Inspired Checking Account and get a 0.25% discount. All loans subject to credit and collateral approval. Contact a Team Member for further information.
© 2026 Wheelhouse Credit Union | Federally Insured by NCUA
Based upon a X.XX% APR for XX months, monthly payments would be $XX.XX per $1,000 borrowed.
Protection Beyond The Purchase
Add extra protection for your vehicle and enjoy even more savings. Purchase any two eligible protection products and receive an additional 0.25% APR* discount on your boat loan rate.
GAP Protection
Covers the difference between your vehicle’s value and what you owe if it’s totaled or stolen.
Debt Protection
Helps make your loan payments during unexpected life events like disability or job loss.
Mechanical Protection
Extended warranty coverage for repairs and maintenance after your manufacturer warranty expires.
How it works
Getting your boat loan is simple and straightforward
Complete our simple online application in minutes from anywhere.
Receive a quick decision and know your approved amount.
Shop with confidence knowing you have financing ready.
Complete the paperwork and hit the water in your new boat.
Calculate your payment
See what your monthly payment could be with our boat loan calculator.
Ready to get started?
Apply for your boat loan today and experience the Wheelhouse difference. Fast approval, competitive rates, and exceptional service.
Frequently Asked Questions
Answers to your most common Boat Loan questions.
Yes. Whether you're purchasing a new fishing boat, pontoon, ski boat, or sailboat, Wheelhouse Credit Union offers financing for both new and used boats.
In addition to your monthly loan payment, it's important to budget for insurance, registration, maintenance, fuel, and storage so you can enjoy your boat with confidence.
Yes. A pre-approval gives you a clear budget before you start shopping, making it easier to compare boats and negotiate with confidence.
Disclosures
*APR = Annual Percentage Rate. Rates effective as of 07/01/2026 and are subject to change without notice. Rates are based on creditworthiness. All loans subject to credit and collateral approval. Membership required.
1Payment may be deferred for up to 60 days from loan funding. Interest will continue to accrue during the deferral period.
2Loan to Value includes tax, title, license, and warranty.