Today’s lowest boat loan refinance rate 2

As low as

7.77% APR

To qualify for the lowest rate, certain conditions apply.2

What could your monthly payment be?

Use our boat refinancing calculator to estimate your rate and monthly payment.

Calculate your payment

Decide if a boat loan refinance is right for you.

Whether you’re catching the wind with your sailboat or cruising on your yacht, here are a few reasons to consider refinancing your boat loan.

Lower your interest rate

If you qualify for a lower interest rate, you could save money over the remaining duration of your boat loan.3

Reduce your monthly payment

Refinancing could help you lower your payment to better fit your monthly budget.

Pay your loan off sooner

Your monthly payment may increase, but you may make fewer payments overall and may pay less interest in the long term.

How does boat loan refinancing work?

If you’re looking for a new boat lender, you could have a decision in just a few days when you apply for a U.S. Bank boat loan refinance. Boat refinancing isn't available in all states, or on boats registered with the U.S. Coast Guard as a documented vessel.1

 

Step 1: Prepare

Gather a few things before you start:

  • Current loan balance, account number and lienholder
  • Hull identification number (HIN)
  • Insurance provider information
  • Boat registration4
  • Hull details
  • Engine details
  • Trailer details
Apply now
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Call 877-701-0880
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Start of disclosure content

Disclosures

  1. Footnote 1

    Boat refinancing is available nationwide except for Alaska and Hawaii.

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  2. Footnote 2

    A rate as low as 7.49% annual percentage rate (APR) is available for Marine loans with a term of 180 months or less, a FICO credit score of 800 or higher, a loan amount of $50,001 and higher, at 100% loan-to-value (LTV) or less on a boat that is less than 4 years old. Monthly payment and annual percentage rate (APR) will vary based on the term, amount financed, model year, loan-to-value (LTV) percentage, credit history and applicable fees. Payment example: for an amount financed of $50,001 on a 3 year old boat over a 180-month term with a $100 origination fee, monthly payments would be $464.16 at an annual percentage rate (APR) of 7.52%. Offer is subject to credit qualifications. Rates are subject to change. Some additional restrictions may apply. Installment loans are offered through U.S. Bank National Association. Deposit products are offered through U.S. Bank National Association. Member FDIC.

    Return to content, Footnote 2
  3. Footnote 3

    To be eligible for refinance, the existing loan must have been obtained at least 260 days prior to submitting your refinance application.

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  4. Footnote 4

    There may be title and/or registration fees which are determined by state.

    Return to content, Footnote 4

Credit products offered by U.S. Bank National Association and subject to normal credit approval.