Auto Loans Rates as low as 1.49%*

Bring your seafaring dreams to life with a low-cost boat loan from Arbor Financial.

Our financing options optimize the benefits of boat ownership without compromising control over your finances. Competitive rates and flexible term lengths are perfectly suited to match your lifestyle both on and off of the water.

Arbor Financial offers some of the lowest boat loan rates in Michigan, accompanied by benefits such as:

  • Up to 15-year term lengths
  • Zero down financing 
  • Boat loan refinancing options 
  • In-house pre-approval process
  • Zero payments for up to two months

Stop in, call, or apply online and have an answer within minutes!

269.488.5945   Schedule An Appointment 

Boat Loan Rates

Product Term Interest Rate Annual Percentage Yield
Up to 60 months 2.99%
61 to 84 months 2.99%
85 to 120 months 2.99%
121 to 180 months 5.00%
¹Annual Percentage Rate (APR). Rates disclosed are the lowest rates available and are determined by your credit score at the time of application. Rates subject to change.

*85 - 96 month term is available to borrowers with a maximum vehicle age of two years, with a minimum loan amount of $45,000, and with qualifying credit. Call for details.​

Boat Loan Calculator

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Boat Loans FAQ

Q: How do I get the lowest APR on my boat loan?

A: APR rates may be lowered by maintaining a high credit score, choosing a shorter term length, purchasing a boat within your budget, and more. Make sure you understand how your next boat loan will impact your finances.

Q: How does the age of the boat factor into the final cost of the loan?

A: Boats come with some financial considerations related to their age. Newer boats cost more upfront while used boats do not. Newer boats are often associated with lower interest rates due to lesser depreciation values. The opposite is true of used boats. Compare your options carefully before you make your purchase.

Q: Do I need to make a down payment?

A: Arbor Financial offers zero down boat loans that take care of all financing from start to finish! Qualified borrowers are encouraged to contact our team for additional information.

*¹Annual Percentage Rate (APR). Rates disclosed are the lowest rates available and are determined by your credit score at the time of application. Rates subject to change. *85 - 96 month term is available to borrowers with a maximum vehicle age of two years, with a minimum loan amount of $45,000, and with qualifying credit. Call for details.