NEFCU - New England Federal Credit Union
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Recreational Vehicle Loans

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Boat Loan

New - Borrow up to 100% of purchase and sales agreement (less rebates and incentives) from an authorized dealer. We will consider leftover models sold as new at 100% of NADA retail value, less rebates and incentives. Used - Borrow up to 100% of NADA value.

Lien on title and all collateral as listed on the security agreement, including trailer. Hull insurance required.

Motorcycle Loan

New - Borrow up to 100% of purchase and sales agreement (less rebates and incentives) from an authorized dealer. Used - Borrow up to 100% of NADA value.

Lien on title and all collateral as listed on the security agreement. Collision and comprehensive insurance required.

Snowmobile Loan

New - Borrow up to 100% of purchase and sales agreement (less rebates and incentives) from an authorized dealer. Used - Borrow up to 100% of NADA value.

Lien on title and all collateral as listed on the security agreement. Collision and comprehensive insurance required.
Titled: Autos, RVs, Motorcycles, Boats, Snowmobiles, ATVs1 5/17/2012
5 Models2 Term (yrs)3 Annual Percentage Rate Monthly Payment per $1000
Fixed 2007 - New 1 year 1.99% $84.24
  2007 - New 2 years 2.49% $42.76
  2007 - New 3 years 2.99% $29.08
  2008 - New 4 years 3.00% $22.14
  2009 - New 5 years 3.25% $18.09
  2009 - New 5.5 years 3.75% $16.80
  2010 - New 6 years 3.99% $15.65
  2010- New 6.5 years 5.99% $15.51
  New Only 7 years4 6.49% $14.84
1These are our posted rates; your rate could vary according to your credit. All rates quoted reflect AutoPay (automatic payments); rate increases by 0.50% without AutoPay.
2“New” is current model year or one model year old with less than 2500 miles
3Terms could be limited, depending upon your credit.
47 year (84 mos.) New titled collateral, $25,000 minimum loan amount.
5Rate not available for loans already with NEFCU.

Untitled or titled and older than 6 years: Autos, RVs, Motorcycles, Boats, Snowmobiles, ATVs1 5/17/2012
Term (yrs) Annual Percentage Rate Monthly Payment per $1000
Fixed Rate 1 year 2.99% $84.70
  2 years 3.49% $43.20
  3 years 3.99% $29.53
1These are our posted rates; your rate could vary according to your credit. All rates quoted reflect AutoPay (automatic payments); rate increases by 0.50% without AutoPay.

Titled: Boats / RVs1 5/17/2012
Term (yrs)2 Annual Percentage Rate Monthly Payment per $1000
Fixed Rate max 83 7.49% $13.89
Variable Rate4 max 155 8.24% N/A
1These are our posted rates; your rate could vary according to your credit. All rates quoted reflect AutoPay (automatic payments); rate increases by 0.50% without AutoPay.
2Terms could be limited, depending upon your credit.
38 year (96 mos.) New and Used titled Boats and RV's, $30,000 minimum loan amount.
4Variable rates may increase after consummation of the loan.
515 year (180 mos.) Variable rate New and Used titled Boats and RVs, $35,000 minimum loan amount.


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