Boat Loan Rates
Competitive rates and generous terms
If you hear the open water calling, we’ve got you. Find a new or used boat at a rate and at terms that fit your budget. You deserve to be able to enjoy the water, stress-free.
Find out more about the terms and rates.
New & Used Boat Loan Rates and Terms
Because BR Telco Federal Credit Union is able to offer borrowers lower interest rates.
Why are we able to do this for our members?
Because we’re a member-owned, non-profit co-op, we can pass savings along to our members. That means you!
We look at you as a whole person who is more than just a credit history. Throughout your loan application process, we’ll work with you to find the best financing for your circumstances.
Take a look at our rates and terms – up to 120 months!
|
Year and Type |
Maximum Term |
Minimum Loan Amount |
Maximum Financing Value |
APR |
Discount APR* |
|---|---|---|---|---|---|
|
* Discount APR applies with (a) automatic deduction from a Baton Rouge Telco Federal Credit Union Checking Account and (b) direct deposit relationship. Quoted rate of 8.74% APR for 60 months has payments per $1,000 equal to $20.63/month. |
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|
Year and Type 2023 - 2019 New or Used |
Maximum Term 60 Months |
Minimum Loan Amount $500 |
Maximum Financing Value 125% |
APR 8.74% |
Discount APR* 8.24% |
|
Year and Type 2023 - 2019 New or Used |
Maximum Term 72 Months |
Minimum Loan Amount $15,000 |
Maximum Financing Value 125% |
APR 9.49% |
Discount APR* 8.99% |
|
Year and Type 2023- 2019 New |
Maximum Term 120 Months |
Minimum Loan Amount $40,000 |
Maximum Financing Value 90% |
APR 11.49% |
Discount APR* 10.99% |
Estimate Your Monthly Payments
Enter your desired loan amount, interest rate, and terms to see how your boat purchase might fit into your budget!
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Boat Loan Resources
Get the inside scoop on loans and financing with these articles and information on BR Telco products and services.
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Do You Know Your Credit Score?
Find out how your credit score can impact your loan rates when you borrow.
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Debt Management
This user-friendly financial education tool helps you get and keep your debt under control.
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Online Banking
Find out how you can pay your loan online, check your balance, and more!
Disclosures
* Annual Percentage Rate.
Subject to credit approval.
Discount APR applies with (a) automatic deduction from a Baton Rouge Telco Federal Credit Union Checking Account and (b) direct deposit relationship.
Quoted rate of 5.49% APR for 60 months has payments per $1,000 equal to $19.10/month.
Quoted rate of 5.99% APR for 72 months has payments per $1,000 equal to $16.57/month.
Quoted rate of 7.49% APR for 120 months has payments per $1,000 equal to $11.86/month.