How is interest applied on an RV loan?
When you take out a 10 year RV loan, is the interest spread out equally across all the payments or is it mostly paid up front like a home mortgage?
Forum Discussion
95jersey wrote:
I would probably sell the RV in 5 years or less and don't want to be in a position where it is worth $10k and I owe $15k.
many folks are upside down on their loan exactly like that.
bumpy
