SlothHorn wrote:
FWIW, we have personal reasons for wanting a longer termed loan. None of it has to do with affordability, cash flow, bad credit, lack of a down payment, etc... The idea was to time the loan so that it'd be paid off right around the time our mortgage is paid + the time frame at which our youngest would be heading off on his own.
Looks like we'll need to readjust our thinking. Thanks for all the help.
Speaking from experience the children don’t always leave the nest as planed ! Something else to keep in mind . Plus in 12 years you most likely will either want a larger rv or be out of it altogether!
