Forum Discussion

ugh's avatar
ugh
Explorer
Apr 19, 2015

What % of income for monthly payment consider okay

We want to go camping again. Since the accident, we are now ready to go shopping again, but this time we are thinking about Class A instead of TT. That means it will have larger payment and longer ter...
TXiceman's avatar
TXiceman
Explorer II
Apr 23, 2015
There is no magic % of take home pay for an RV. You will need to sit down and look at what you owe for dwelling, auto, insurance and what you spend for food and entertainment. What is left over is you excess disposable income. You do need to keep putting back some money towards saving and retirement.

Once you know what is left over at the end of the month, you can determine how much you can spend on an RV. Remember that an RV is not as necessity.

Ken

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