Please call our office for up-to-the-minute rates
or e-mail us at loans@anchorboatloans.com

 
 

 

BOAT LOAN RATES FROM 4.35%** 

FIXED RATE PROGRAM

LOAN AMOUNT 

INTEREST RATE

MAXIMUM TERM

MON. PYMT PER $1,000

$ 100,000 & UP             (35% down payment required) 5.50%

20 YRS

$ 6.87
$ 100,000 & UP 5.87%      20 YRS $ 7.08
$  75,000 - $99,999 5.99%     20 YRS $ 7.15
$  50,000 - $99,999 6.13%     15 YRS $ 8.50

$

 25,000 - $49,999

6.76%

 15 YRS

$ 8.85 

20 YRS YRS to 20% DOWNPAYMENT PROGRAMS AVAILABLE

NO ADJUSTABLE PROGRAMS:  

   $  100,000 & UP       4.35%        20 YRS    $ 6.24 **1 Mo. Libor + 400  BPS --12 Mo. Prepayment Penalty

   $  100,000 & UP       5.25%       20/3 YRS   $ 6.73 Fixed for 3 yrs; then adjusts to Prime + .50% --12 Mo. Prepayment Penalty

Rates and terms are subject to change and could vary with the use of alternate lenders

July 19, 2010

800-776-0616

 Satellite Office on Kent Island

 443-336-4883

 
Fixed & Adjustable Rates * Simple Interest * No Points * Pre-Approvals