20 year loan for RV?
A friend of mine was telling me that I can get a 20 year loan on most new RVs. Is this true? Now I realize how people afford those Class A RVs.
Forum Discussion
qtla9111 wrote:7% seems high. And yes you may pay $223,000 but much of that will be in deflated money. The picture is a bit more complex and depends on future economics that are unknown.
At 7% for a 20-year loan, a $120,000 motorhome will end up costing $223,000 at the end of the loan.
