Boat loans for new and used models, up to 100% financing.
New or used boats: up to 100% financing
Annual Percentage Rate Range
Monthly payment: $10.42 - $12.46 per $1,000, Fixed rate, 10 years maximum term
* Your APR based on credit qualification.
(members and non-members)
Guaranteed Asset Protection (GAP) with PowerBuy covers the difference between your loan balance and the amount your insurance policy would pay out if your vehicle were to be damaged beyond repair ("totaled") or stolen and never recovered. Your insurance policy will pay you the cash value of the vehicle, while GAP coverage is paid when the loan balance is higher than the vehicle's actual cash value paid by your insurer.
In addition, with PowerBuy, you may be eligible for up to $6000 toward the financing of a replacement vehicle (autos and motorcycles) if the vehicle is financed through the Credit Union within 90 days of settlement. See our GAP PowerBuy PDF brochure.
For boats and recreational vehicles, the benefit is up to $1000 toward the financing of a replacement vessel/vehicle if the vehicle is financed through the credit union within 90 days of settlement.
View our Guaranteed Asset Protection PDF brochure.
Exclusions and deductibles may apply.
Credit Life and Disability Insurance protects your loan. Even if you have life insurance, other unfortunate circumstances could impact your monthly income. Having the peace of mind that your loan payment will be made, should you become disabled due to injury or illness, is worth the minimal cost added to your loan payment.
View our Credit Life and Disability PDF brochure.
Maximum Coverage Limits
|Coverage Amount||Unlimited||$50,000 per loan|
|Coverage Duration||120 months||120 months|
|Monthly Benefit Amount||$750.00 per loan||Not applicable|
Who is Eligible and How Much Does it Cost?
|Eligibility Age||Under age 70||Under age 70|
|Working Requirements||Actively at work a minimum of 30 hours per week on the loan advance date||Not applicable|
|Single Rate||$2.00 per $1,000 per month||$0.69 per $1,000 per month|
|Joint Rate||Not applicable||$1.16 per $1,000 per month|
Remember that Star One employees will never call you to verify or ask for your personal information.
Providing your personal information, such as card PINs, online banking credentials or one-time passcodes, to anyone may make you responsible for any fraudulent activity that happens on your Star One accounts.