Boat Loan

[fishmore]

Does anybody have any recommendations on who to use for a boat loan?

[mahoney]

I went through Redwood Credit Union. You can go 15 years but I wouldn't. Do a loan the least amount of years that you can interest will kick your ***.

[topdawg2700]

Mahoney is right....go the least amount of years as possible. Mine is through a bank in Tx as that is where I got the boat. Again the important thing is the fewest years possible and the lowest interest you can get.

[Paul Matthews]

Last boat I bought I took out a 12 year loan and paid it off in 3. Pretty easy if your disciplined. If things go south you don't have a back breaking payment. Just my .02.

[baitfish]

B of A has pretty good rates in the 5% range for boats. I agree with others who said take a longer term and pay it off early.