Forum Discussion
jlud
May 08, 2015Explorer
It really depends.....say you buy a 50k rv and have 25k cash....if you put it all down does it make your rate lower? What could you earn on 20k of that money vs paying say 4%? Are you disciplined enough to not spend that 20k if you didn't put it down? So many variables.....I would say 3-5% the norm depending on score and terms. I would not borrow above 5% myself right now. Car loans at less than 2% and house less than 2%....
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