Did I make a mistake in Financing? How long do you finance?

Most of us have to finance at a payment we can afford.

My wife and I always set up a simple interest loan. This allows us to pay on the unpaid principle, so if future finances allow, we can pay down quicker, this in not always possible with a pre-computed loan.

Our priorities for the TT purchase were TV capacity, acceptable floor plan and affordable monthly payment. If it did not fit any of the above, we passed.