HuckSC t1_iy8nx3d wrote on November 29, 2022 at 4:07 PM Reply to comment by RecoverCurious4423 in RV Financing - current interest rates by Longjumping-End-3892 Longer term for a house is fine. A 20 year loan for a depreciating asset like a motor home is a horrible decision. They’ll immediately be underwater and don’t currently have the cash flow to weather any bumps in the road. Permalink Parent 7
HuckSC t1_iy8nx3d wrote
Reply to comment by RecoverCurious4423 in RV Financing - current interest rates by Longjumping-End-3892
Longer term for a house is fine. A 20 year loan for a depreciating asset like a motor home is a horrible decision. They’ll immediately be underwater and don’t currently have the cash flow to weather any bumps in the road.