Set Sail with Low Rates on Your Boat Loan
Loved what you saw at the boat show? It may be time to start planning a budget for your new boat.
Plan Your Boating Budget
Financing your boat is just one part of enjoying it. Remember to consider:
- Protect yourself and your loans with additional insurance coverage
- Seasonal expenses like dock fees, storage and winterization
- Fuel costs, which can vary by a boat’s size, engine type, and usage
- Safety equipment, such as life jackets and navigation equipment
- Using our boat loan estimator to calculate monthly payments and plan ahead
Don’t wait, get your boat loan today and enjoy the water all season long!
Christian Financial Credit Union offers some of the best Michigan boat loan rates, making it easy to turn that dream boat into reality. With rates starting at 4.99%* APR, plus 90 days no payments and one free skip-a-payment per year, boat financing has never been simpler.
Flexible Boat Financing Options
Whether you’re looking for a new or used vessel, our credit union’s boat loans are designed to fit your lifestyle.
- No payments for 90 days** – Get on the water first, start paying later
- Skip one payment per year, free† – Perfect for summer vacations, holiday planning, or unexpected expenses
- Flexible Terms – Pick the loan term that works for you, up to 240 months.
Whether you’re planning weekend adventures or exploring new boating destinations, our boat loans give you the freedom to get on the water with confidence.
Estimate Your Boat Loan Payment
Use our boat loan calculator to estimate what your monthly payment could look like. Enter your loan amount, term, and interest rate to plan your boating budget and make your dream boat a reality.
What would my loan payments be?
Explore Our Boat Loan Rates
Our competitive rates make it easy to finance your new boat while keeping your payments manageable.
Boat & Recreational Vehicle Loans
Boats, RVs, Travel Trailers, and Motor Homes
Loan Amount |
Max Term |
APR*
as low as |
|---|---|---|
| Any amount | Up to 120 months | 4.99% |
| $50,000+ | Up to 180 months | 5.99% |
| $75,000+ | Up to 240 months | 5.99% |
*APR = Annual Percentage Rate. Rates shown are the best available, require automatic payments, are based on credit history, and subject to change without notice. Loans requested for more than 80% of collateral value may be subject to a higher rate of interest. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest. Please see a Christian Financial Service Representative for full details. For example, for a loan of $35,000 at 120 months with an interest rate of 4.99% APR, the payment will be $371.06. **Loan must be current (cannot be delinquent) to qualify for free annual Skip a Payment. Recreational vehicles only. Excludes loans written to covered borrowers under the Military Lending Act. The skipped payment will be added to the end of the loan and will extend the maturity date of the loan. If a scheduled payment for the loan has been set up through Online Banking or initiated by the member at another financial institution, the member is responsible for canceling the scheduled payment. Eligible loans may skip only one payment per calendar year. Recreational Vehicles that skip a payment are not eligible for the Holiday Skip a Payment program. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest.
Why Choose Christian Financial Credit Union?
- Competitive rates with flexible terms
- Friendly, local credit union service
- Easy online application and fast approvals
- Exclusive discounts for members
Don’t wait, get your boat loan today and enjoy the water all season long!
*APR = Annual Percentage Rate. Rates shown are the best available, subject to change without notice and are based on credit history. Rate includes automatic loan payments. Rate shown is available only on loans not already financed with CFCU. Loans with a loan to value greater than 80% will incur a higher rate of interest.
**The first payment cannot be deferred greater than 90 days from the date of loan closing. Interest will still accrue during the 90 days even when no payment is due. For example, a loan of $35,000 at 4.99% APR for 120 months, the payment would be $371.06.
†Loan must be current (cannot be delinquent) to qualify for free annual Skip a Payment. Recreational vehicles only. Excludes loans written to covered borrowers under the Military Lending Act. The skipped payment will be added to the end of the loan and will extend the maturity date of the loan. If a scheduled payment for the loan has been set up through Online Banking or initiated by the member at another financial institution, the member is responsible for canceling the scheduled payment. Eligible loans may skip only one payment per calendar year. Recreational Vehicles that skip a payment are not eligible for the Holiday Skip a Payment program. Federally insured by NCUA.