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Dec 30th, 2023
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 Interest rates?
#12855322
08/06/18 06:34 PM
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Joined: Jul 2013
Posts: 5,900
Bissett
OP
TFF Celebrity
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OP
TFF Celebrity
Joined: Jul 2013
Posts: 5,900 |
What would an average interest rate be for boat loans? Just looking for something I can use to crunch some numbers. I have excellent credit if that helps narrow it down and let's say I would be looking to put 10k-15k down and borrow 25k-30k.
I'd love to just save up and but one with cash but I don't think I can go boatless that much longer lol
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Re: Interest rates?
[Re: Bissett]
#12855406
08/06/18 07:41 PM
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Joined: Oct 2010
Posts: 395
RecLending.com
Angler
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Angler
Joined: Oct 2010
Posts: 395 |
What would an average interest rate be for boat loans? Just looking for something I can use to crunch some numbers. I have excellent credit if that helps narrow it down and let's say I would be looking to put 10k-15k down and borrow 25k-30k.
I'd love to just save up and but one with cash but I don't think I can go boatless that much longer lol Thank you for the question. We are seeing rates from the general upper 5%'s and up from there. Term will be based on the financed amount. The general cutoff line is around $25,000 for longest terms. We are ready when you are. Thank you, Ken
RecLending
Office (517) 543-6921
Email: Info@Reclending.com
Todd's Cell: 517-294-0459
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Re: Interest rates?
[Re: Bissett]
#12855485
08/06/18 08:29 PM
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Joined: Jul 2013
Posts: 5,900
Bissett
OP
TFF Celebrity
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OP
TFF Celebrity
Joined: Jul 2013
Posts: 5,900 |
I appreciate it Ken! I'll definitely give you a shout when I'm ready!
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Re: Interest rates?
[Re: Bissett]
#12859280
08/09/18 10:51 PM
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Joined: Jun 2008
Posts: 1,210
shotgunwilly
Extreme Angler
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Extreme Angler
Joined: Jun 2008
Posts: 1,210 |
Check with Resource One Credit Union. They offered me 3.8% on 72 months.
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Re: Interest rates?
[Re: Bissett]
#12862631
08/13/18 01:29 PM
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Joined: Oct 2010
Posts: 395
RecLending.com
Angler
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Angler
Joined: Oct 2010
Posts: 395 |
As with MOST Credit Unions, they have a footprint. There are a few national ones but not many. From what I saw, Resource One covers an area around Dallas, TX. Bissett looks to be from Oklahoma.
Ken
Last edited by reclending.com; 08/13/18 03:04 PM.
RecLending
Office (517) 543-6921
Email: Info@Reclending.com
Todd's Cell: 517-294-0459
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