RV Financing..
New to purchasing and financing a rv.. Really would like 240 month financing, but no experience here.. Are banks doing it? Min down payment going this route or min dollar amount financed? Would...
Forum Discussion
DatacomGuy wrote:
I know they'll do 10-12 years for sure, as i've seen it. Was just curious if anyone had experience beyond that.
A lot of assumptions in this thread. I never said i was going to go 20 years, i was just curious if it were available and on what stips. I have plenty of disposable income available for camping and supporting my family. If i can keep my payment
Plain and simple - just curious what the options are. I never plan on keeping longer than 2-3 years as we'll upgrade as our family grows. Most months i'll make double/triple payments, and its likely to be paid off when i trade or sell in 2-3 years.
Why not go with the shortest term/highest payment you're comfortable with. You can still pay it off earlier, and that should get you a lower interest rate. Why pay any extra in interest stretching out the length of the loan payback ?
