Couple riding in a boat on a lake.

Boat Loans

Thinking about spending more time on the water? A boat loan may help you finance a new or used boat for fishing trips, family outings and weekends at Arizona’s lakes. Explore your options and apply when you’re ready.¹

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Boat Loan Benefits

Whether you’re purchasing your first boat or considering a newer model, your loan structure can affect your monthly payment and total borrowing cost. Copper State CU Boat Loans include the following features:

Competitive Rates

With some of the lowest rates in AZ, you may lower your monthly payment and reduce the total amount of interest you pay.

Flexible Terms

Flexible terms of 12 to 84 months allow you to choose a term that fits your budget.

Finance New & Used Boats

We offer financing options for a wide range of boats, giving you more choices.

Fast & Simple Online Application

Apply online from home or on the go. You can also contact us or visit a branch for assistance.

Couple enjoying a boat ride on a lake.

New & Used Boat Loan Rates

We believe in transparent lending. While rates, terms and conditions are subject to change, this table provides a general overview of our lowest available rates by credit tier.

See below for more info on how to read this chart and for definitions of key terms.

Boat Loan Rates by Credit Score

Age	LTV	60 Month Term	72* Month Term	84* Month Term	120* Month Term
2021 & Newer	≤70%	7.50%	7.80%	8.50%	9.50%
2021 & Newer	≤90%	7.85%	8.15%	8.85%	9.85%
2021 & Newer	≤110%	8.10%	8.40%	9.10%	10.10%
2015 - 2020	≤70%	8.75%	9.05%	9.75%	10.75%
2015 - 2020	≤90%	9.10%	9.40%	10.10%	11.10%
2015 - 2020	≤110%	9.35%	9.65%	10.35%

Rates are effective as of August 24, 2026

Age	LTV	60 Month Term	72* Month Term	84* Month Term	120* Month Term
2021 & Newer	≤70%	7.90%	8.20%	8.90%	10.40%
2021 & Newer	≤90%	8.25%	8.55%	9.25%	10.75%
2021 & Newer	≤110%	8.50%	8.80%	9.50%	11.00%
2015 - 2020	≤70%	9.15%	9.45%	10.15%	11.65%
2015 - 2020	≤90%	9.50%	9.80%	10.50%	12.00%
2015 - 2020	≤110%	9.75%	10.05%	10.75%

Rates are effective as of August 24, 2026

Age	LTV	60 Month Term	72* Month Term	84* Month Term	120* Month Term
2021 & Newer	≤70%	8.50%	8.80%	9.50%	11.25%
2021 & Newer	≤90%	8.85%	9.15%	9.85%	11.60%
2021 & Newer	≤110%	9.10%	9.40%	10.10%	11.85%
2015 - 2020	≤70%	9.75%	10.05%	10.75%	12.50%
2015 - 2020	≤90%	10.10%	10.40%	11.10%	12.85%
2015 - 2020	≤110%	10.35%	10.65%	11.35%

Rates are effective as of August 24, 2026

Age	LTV	60 Month Term	72* Month Term	84* Month Term	120* Month Term
2021 & Newer	≤70%	9.50%	9.90%	10.80%	12.80%
2021 & Newer	≤90%	9.85%	10.25%	11.15%	13.15%
2021 & Newer	≤110%	10.35%	10.75%	11.65%	13.65%
2015 - 2020	≤70%	10.75%	11.15%	12.05%	14.05%
2015 - 2020	≤90%	11.10%	11.50%	12.40%	14.40%
2015 - 2020	≤110%	11.60%	12.00%	12.90%

Rates are effective as of August 24, 2026

Age	LTV	60 Month Term	72* Month Term
2021 & Newer	≤70%	11.00%	11.60%
2021 & Newer	≤90%	11.40%	11.95%
2015 - 2020	≤70%	12.25%	12.85%
2015 - 2020	≤90%	12.65%	13.20%

Rates are effective as of August 24, 2026

Age	LTV	60 Month Term
2021 & Newer	≤70%	18.25%
2021 & Newer	≤90%	19.00%
2015 - 2020	≤70%	19.50%
2015 - 2020	≤90%	20.25%

Rates are effective as of August 24, 2026

More Info:

⚖️ LTV is your Loan-to-Value Ratio, which compares the amount you're borrowing to the value of the collateral. The lower the better!

📅 Loan Term is the length of time you'll repay the loan, usually expressed in months.

📈 Credit Score is a number between 300 and 850 that reflects your ability to repay a loan. Find out more about credit scores' five key factors, or log into online banking to check your current score.

🚤 *For a 72-month term, the amount financed must equal or exceed $15,000. For an 84-month term, the amount financed must equal or exceed $25,000. For a 120-month term, the amount financed must equal or exceed $50,000.

Why Finance A Boat With Copper State CU?

From early mornings at the lake to afternoons spent cruising with family, owning a boat can turn ordinary weekends into unforgettable experiences. Our Boat Loans can help you get there.

Features include:

Competitive rates amongst the lowest in AZ
Flexible terms up to 84 months
Zero to no fees

You may also qualify for these exclusive offers:

Financing with 1% cash back.² Receive 1% of your financed amount back after finalizing the loan.
Make no payments for 60 days.³ Enjoy extra flexibility with 60 days before your first boat loan payment is due.

Boat on a lake.

Boat Loan Calculator

Wondering what your monthly boat costs could look like? Use our boat loan payment calculator to estimate your monthly amount and the total interest you may pay over the life of the loan. Then email the results to yourself for easy reference while you shop.

Your actual term and payment will be provided upon acceptance of a Copper State CU loan. This calculator is for informational purposes only, and its use does not guarantee an extension of credit.

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Answers To Some Frequently Asked Questions

What type of loan is best for a boat?: A secured boat loan is one common option. With this type of loan, the boat generally serves as collateral. Some borrowers may also consider other financing options depending on the purchase amount, their credit profile and their financial goals. Compare rates, terms, fees and total borrowing costs before deciding which option fits your needs.

Is a 20-year boat loan worth it?: A longer loan term may reduce the monthly payment, but it can also increase the total amount of interest paid over the life of the loan. Consider the monthly payment, total borrowing cost, expected ownership period and how quickly the boat may lose value before choosing a term.

How long can you finance a $40,000 boat?: We offer boat loan terms of up to 7 years for qualified borrowers. A shorter term helps you pay off your loan faster, while a longer term can help make your payments more affordable.

Can I finance a boat trailer and accessories with my boat loan?: Yes. A boat trailer and accessories can often be included in your boat loan when they are purchased at the same time as the boat. This can simplify your purchase by combining everything into one convenient monthly payment.

Is insurance required for a boat loan?: Proof of insurance may be required before a boat loan is finalized. You may also need to maintain appropriate coverage while the loan is outstanding. Ask Copper State CU about the coverage requirements that apply to your loan.

What credit score do I need for a boat loan?: A minimum score of 650 is preferred for a credit union boat loan. However, your credit score is just one of the factors that will be considered. Your income, employment history and monthly debt payments will also be reviewed.

Can I purchase a boat from a private seller?: Financing may be available for an eligible boat purchased from a private seller. Approval may depend on the boat’s age, condition, value, title status and required purchase documentation. Contact Copper State CU before completing the transaction.

Can I pay off my boat loan early?: Yes. You can pay off your boat loan at any time without penalty to save on interest.

Disclosure

¹All loans subject to approval. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Membership is required. APR = Annual Percentage Rate. For a 72-month term, the amount financed must equal or exceed $15,000. For an 84-month term, the amount financed must equal or exceed $25,000. For a 120-month term, the amount financed must equal or exceed $50,000. Refinanced boat loans must be from another financial institution. Rates listed are the lowest and highest annual percentage rates available. Actual APRs and term depend on credit history, type of product and our underwriting standards. For each loan request, Copper State CU will determine the LTV (Loan to Value) using MSRP for new vehicles and Kelley Blue Book retail for used vehicles.

²The 1% cash back promotional incentive applies to vehicle purchases or refinances. The minimum financed by Copper State Credit Union must be greater than or equal to $15,000 to qualify for the promotional incentive. Any earned promotional incentive will be reported to the IRS for tax purposes and will be deposited into the member’s primary share account. Promotion ends December 31, 2026. Restrictions may apply. Offer subject to change without notice.

³60 Day No Payments offer subject to change without notice.