Marine Rates as Low as 4.74%
MARINE FINANCE RATES
FIXED RATE PROGRAMS
Loan Value Rate___ Term/ Years Multiplier
$100,000- up 4.99% 20 yrs $6.61
$50,000- $99,999 5.75% 15 yrs $8.32
$25,000- $49,999 6.49% 15 yrs $8.73
VARIABLE RATE PROGRAMS
Loan Value Rate___ Term/ Years Multiplier
$100,000- $4,000,000 4.23% 20 yrs $6.18
Monthly variable based on LIBOR + 400 bps
$100,000- $4,000,000 4.50% 20 yrs $6.34
Fixed for 3 years then variable at WSJ Prime +50 bps
INTEREST ONLY
3 years interest only, 20% true down payment, 700+ FICO score**
Loan Value Rate Term/Years Multiplier
$300,000- up 5.99% 20 yrs $5.22
Loans over $1,000,000 may be priced on an individual basis
Multiplier is payment per $1,000 financed
Vessel age for the above rates is 10 model years of age and newer
Above rates based on 20% down payment and 720 + credit score
PLEASE CONTACT:
Jim Stiverson
Fenton, Michigan
Marine Finance Specialist
Newcoast Financial Services
Mobile: (810) 691.8308
Fax: (810) 714.4058
Email: jims@newcoastfinancial.com
Pickwick Yacht Brokers, LLC
|
11310 Highway 57 Suite - E Counce, TN 38326, United States |
Tel (662)415-8340 Fax (731)689-0338 Email Us |
