best financing & best rates??? what's your .02
01-29-2002 | 02:20 PM
#1
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From: Lake Eufaula, Ok.
best financing & best rates??? what's your .02
I know there is a financial link here, but your personal experience with your finance co's is very revealing.
What are the best current rates for over $50K?
Best bank or institution to deal with?
Let's hear it guys & Gals !!
What are the best current rates for over $50K?
Best bank or institution to deal with?
Let's hear it guys & Gals !!
01-29-2002 | 05:16 PM
#3
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From: Lake Eufaula, Ok.
I will check them out also ! Thanks...
Best rates found-
Intercoastal 7.99% 15 yrs 15% dwn
Coastal-7.02% 15 yrs. 15% dwn or 85% of appraised surveyed value
Excel 7.25/7.5% 15yrs also require survey.
Where did all the 6% money go!! To heck with this "boats are not essentials" !! they ARE required for life to exist !
Any more info OSO??? not many links on the board, so.....
Best rates found-
Intercoastal 7.99% 15 yrs 15% dwn
Coastal-7.02% 15 yrs. 15% dwn or 85% of appraised surveyed value
Excel 7.25/7.5% 15yrs also require survey.
Where did all the 6% money go!! To heck with this "boats are not essentials" !! they ARE required for life to exist !
Any more info OSO??? not many links on the board, so.....
01-29-2002 | 05:28 PM
#4
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Posts: 2,737
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From: Toms River, NJ
01-29-2002 | 09:12 PM
#5
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Joined: Oct 2000
Posts: 1,074
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From: Central, Ohio USA
30 days ago - 5th/3rd in Ohio 6.75%
01-29-2002 | 09:16 PM
#6
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Joined: Oct 2000
Posts: 4,808
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From: Coastal North Carolina
If you have enough equity in your house, go for a home equity line of credit (not a home equity "loan"). I found one at 4.49% through June, then switching to prime rate plus 0% after that. Plus, no matter what boat you buy, the interest is tax-deductible because you are using your house as equity. Pay it off as fast or as slow as you want - all you HAVE to pay each month is the interest. Cool deal?
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Retired! Boating full-time now.
Retired! Boating full-time now.
