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Loans are available through traditional lenders for buying a new or used motorhome. RV loans are offered in terms up to 25 years, although eight to 15 is more common. Iinterest rates can vary significantly based on your credit and on market conditions. RV Loans: RV Financing Information New RVer.com: Attractive interest rates, flexible loans meet most RV buyers needsSource:
by samsam6686 on May 3rd, 2011
One tool that will be helpful is an online RV financing calculator. Many lending sites have them. You can get an estimate of your monthly payment within just a few minutes. Some sites will have interest rates for a bad credit RV loan listed right on the site so that you can get a more realistic picture of what your loan will cost.
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