RV loans are generally not the cheapest money you can get. If you can pull from a home equity line you'd likely be better off. The long terms you can get are really a pretty bad idea. 15 years and that RV will be a pile of particle board dust.
I like what some other posters have said on here - if you can't pay it off in 5 years you can't afford it.
My last couple RVs that I've financed I'll take the dealer financing, make some aggressive payments and then roll it over to credit cards with teaser rates for balance transfers. The offers recently have been things like 0% interest for 16 months with a 2% transaction fee. So, I'm essentially paying 1.6 APR. Downsides are I lose the interest deduction as a second home and moving balances around "can" hurt my credit score, although I've never noticed it doing much. But, for 1.6% APR I'll take it.
