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Boat loans with rates as low as § % APR

This rate includes a 0.25% discount for using optional automatic payments.‍ ‍ See note 1

Apply now for a Boat loan

Refinance my boat loan

Purchase and refinance loans for many types of boats

We can help finance a new or used boat, including the trailer and motor if needed.

  • Motorboat

  • Sailboat

  • Fishing boat

  • Yacht

  • Pontoon

  • Houseboat

Looking to finance something smaller?

Jet Ski® or other personal watercraft

If you want to finance a smaller vessel, consider a personal loan for jet ski or personal watercraft.‍ ‍ See note 2

Canoe or kayak

If you need financing options for a new rowboat, canoe or kayak, check out our credit card options for rowboat, canoe, or kayak.

Why choose us

We’ve been serving the military community since 1922.

Quick application

Apply online and get a decision in minutes in most cases.

Up to 20 years financing

Find a term that works for you. We offer up to 240 months, or 20 years.‍ ‍ See note 1

Extraordinary service

Get help when you need it from one of our representatives.

Boat loans FAQ

Yes. As with most loans, your approval and interest rate depend, in part, on your credit score and history.

Yes. The minimum loan amount is $5,000. The maximum loan amount is $500,000.

Find boat insurance.

A boat insurance policy from the USAA Insurance Agency can cover your boat, transport trailer and more.‍ ‍ See note 3 From emergency services to liability protection, boat insurance can help you stay afloat.

Explore boat insurance

We can help you start a new adventure.

Find your perfect boat and we'll guide you through our loan process.

Apply now for a Boat loan

Refinance my boat loan

Related footnotes:

  1. Investment and Insurance Products are:

    • Not Insured by the FDIC or Any Federal Government Agency
    • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank
    • Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

Related footnotes:

  1. Displayed rates are our lowest Annual Percentage Rates (APR) for terms up to 60 months and include a discount for optional automatic payments (0.25%). Rates and terms subject to change without notice. Rates vary based on approved credit and other factors, such as term, model year, and loan amount. Monthly payments vary based on APR for which borrower is approved, term for which vehicle is financed and amount borrowed. Financing for 36- to 72-month terms requires financed amount of $5,000 or greater and approved credit. Financing for 84- and 120-month terms requires financed amount of $10,000 or greater and approved credit. Financing for 180-month terms requires financed amount of $35,000 or greater and approved credit. Financing for 240-month terms requires financed amount of $100,000 or greater and approved credit. Maximum loan amounts apply and are subject to change without notice.

    Payment Example: A 180 month boat loan with an annual percentage rate (APR) of 9.00% would have monthly payments of $10.14 per one thousand dollars borrowed.

    Signing up for an Automatic Payment Plan is optional.

  2. Loans subject to credit approval. Minimum loan amounts of $2,500 and maximum loan amounts of $100,000 apply and are subject to change without notice.

  3. Obtaining insurance from USAA is optional, and has no effect on any credit applications or terms of credit with USAA Federal Savings Bank, and can be acquired from other sources.

Related footnotes:

  1. While refinancing your current loan could result in a reduced rate and/or payment, choosing an extended term may cost you more in the long run.  If you are currently receiving Servicemembers Civil Relief Act (SCRA) benefits or protections, your refinanced loan may no longer be eligible for benefits or the associated protections.

  2. All credit cards subject to approval.

  3. Membership eligibility and product restrictions apply and are subject to change.

  4. USAA Insurance Agency means USAA Insurance Agency, Incorporated or USAA of Texas Insurance Agency (collectively the “Agency”). California License #0D78305, Texas License #7096. 9800 Fredericksburg Road, San Antonio, Texas 78288. The Agency contracts with insurance carriers that are not affiliated with USAA and offers products and services (“third-party insurance products”) on their behalf. Third-party insurance products are not underwritten by USAA or its affiliates. The Agency receives a commission on the sale or renewal of third-party insurance products and may receive other performance-based compensation from them. Purchase of third-party insurance products does not establish USAA membership. Product and coverage descriptions are brief. All coverages are subject to the terms and conditions of your policy. Read your policy for details. Product and coverage availability may vary in some locations and all applications for insurance are subject to underwriting by the insurance carrier.

  5. The trademarks, logos and names of other companies, products and services are the property of their respective owners.

  6. USAA Federal Savings Bank offers deposit, credit card, consumer lending, mortgage, and other banking products and services. USAA Federal Savings Bank is a Member of FDIC. Credit card, mortgage and other lending products not FDIC-insured.

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