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Auto & Boat Loans

The open road. The fresh sea breeze. Get out there with a loan from Marblehead Bank.

Auto Loans Boat Loans 

Auto Loans

When it’s time for a new vehicle, grab the keys with an Auto Loan from Marblehead Bank.

Features & Benefits:

  • For new autos and vehicles up to five years old
  • Free pre-approval
  • Quick turnaround
  • Competitive rates
  • No prepayment penalty
  • Enjoy a .50% discount on your interest rate with loan payments made by pre-authorized transfer from a Marblehead Bank checking or statement savings account
View Rates 

  • Apply for an Auto Loan and get your new playlist ready.

    Call or stop by any Marblehead Bank branch and enjoy a fast application process and quick turnaround.

    Apply at a Branch 

    • Boat Loans

    Summer in New England is short. Catch every moment of the season with a Boat Loan from Marblehead Bank.

    Features & Benefits:

    • For new and used boats
    • Free pre-approval
    • Quick turnaround
    • Competitive rates
    • No prepayment penalty
    • Enjoy a .50% discount on your interest rate with loan payments made by pre-authorized transfer from a Marblehead Bank checking or statement savings account

  • Apply for a Boat Loan and get out on the water.

    Call or stop by any Marblehead Bank branch and enjoy a fast application process and quick turnaround.

    Apply at a Branch 

    • New Auto Loans

    APY is accurate as of 4/13/2026. All rates and terms subject to change without notice.

    New Auto Loans
    TermInterest RateAPRMonthly Payment / $1,000
    Term 24 monthsInterest Rate 6.490%APR 6.490%Monthly Payment / $1,000 $44.54
    Term 36 monthsInterest Rate 6.490%APR 6.490%Monthly Payment / $1,000 $30.64
    Term 48 monthsInterest Rate 6.490%APR 6.490%Monthly Payment / $1,000 $23.71
    Term 60 monthsInterest Rate 6.490%APR 6.490%Monthly Payment / $1,000 $19.56
    Term 72 monthsInterest Rate 7.490%APR 7.490%Monthly Payment / $1,000 $17.29
    Payment Made by Pre-Authorized Transfer from Marblehead Bank Statement Savings or Checking Account$
    New Auto Loans (Pre‑Authorized Transfer) (Rate Table)
    TermInterest RateAPRMonthly Pmt. / $1,000
    Term 24 monthsInterest Rate 5.990%APR 5.990%Monthly Pmt. / $1,000 $44.32
    Term 36 monthsInterest Rate 5.990%APR 5.990%Monthly Pmt. / $1,000 $30.42
    Term 48 monthsInterest Rate 5.990%APR 5.990%Monthly Pmt. / $1,000 $23.48
    Term 60 monthsInterest Rate 5.990%APR 5.990%Monthly Pmt. / $1,000 $19.33
    Term 72 monthsInterest Rate 6.990%APR 6.990%Monthly Pmt. / $1,000 $17.04

     

    Based on 80% Financing.

    Vehicle and Boat Secured Loans Require Property Insurance

    $IMPORTANT INFORMATION ABOUT SAVINGS ON YOUR LOAN

    A .50% discount is available when loan payment is made by pre-authorized transfer from a Marblehead Bank checking or statement savings account. For example: A new auto loan for a term of 36 months, borrowed at 6.490% APR is subject to 36 payments of $30.64 per $1,000. A new auto loan for a term of 36 months with payment made by pre-authorized transfer from a Marblehead Bank statement savings or checking account at 5.990% APR is subject to 36 payments of $30.42 per $1,000.

    Used Auto Loans – Up to 5 yrs old

    APY is accurate as of 4/13/2026. All rates and terms subject to change without notice.

    Used Auto Loans
    TermInterest RateAPRMonthly Payment / $1,000
    Term 24 monthsInterest Rate 7.000%APR 7.000%Monthly Payment / $1,000 $44.77
    Term 36 monthsInterest Rate 7.000%APR 7.000%Monthly Payment / $1,000 $30.88
    Term 48 monthsInterest Rate 7.000%APR 7.000%Monthly Payment / $1,000 $23.95
    Term 60 monthsInterest Rate 7.000%APR 7.000%Monthly Payment / $1,000 $19.80
    Payment Made by Pre-Authorized Transfer from Marblehead Bank Statement Savings or Checking Account$
    Used Auto Loans (Pre‑Authorized Transfer) (Rate Table)
    TermInterest RateAPRMonthly Payment / $1,000
    Term 24 monthsInterest Rate 6.500%APR 6.500%Monthly Payment / $1,000 $44.55
    Term 36 monthsInterest Rate 6.500%APR 6.500%Monthly Payment / $1,000 $30.65
    Term 48 monthsInterest Rate 6.500%APR 6.500%Monthly Payment / $1,000 $23.72
    Term 60 monthsInterest Rate 6.500%APR 6.500%Monthly Payment / $1,000 $19.57

     

    Based on 80% Financing.

    Vehicle and Boat Secured Loans Require Property Insurance

    $IMPORTANT INFORMATION ABOUT SAVINGS ON YOUR LOAN

    A .50% discount is available when loan payment is made by pre-authorized transfer from a Marblehead Bank checking or statement savings account. For example: A new auto loan for a term of 36 months, borrowed at 6.490% APR is subject to 36 payments of $30.64 per $1,000. A new auto loan for a term of 36 months with payment made by pre-authorized transfer from a Marblehead Bank statement savings or checking account at 5.990% APR is subject to 36 payments of $30.42 per $1,000.

    RESOURCES

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