Rates as low as 5 24 apr annual percentage rate are available for 4 year rv loans 25 000 and higher at 100 loan to value ltv or less on a new rv.
Lowest rv refinance rates.
Rv loans help finance the purchase of a new or used recreational vehicle.
Then we do the math.
Learn how rv financing works including rates terms and risks to consider.
Lendingtree helps you compare rv loan rates from multiple lenders.
In many cases we have seen a savings of 1 to 2 over the financing rate offered by the rv dealer s finance department or even the customer s local bank or credit union.
A 65 000 for 5 years with a fixed interest rate of 3 99 would have an apr of 3 99 and 60 monthly payments of 1 96 78.
Our database of 1 648 658 012 deposit and loan rates is updated daily with the most current rates for nearly every bank and credit union in america including those right in your backyard.
Lowest rv refinancing rates extended terms.
Example of a refinance recreational use rv loan.
We look at each bank s rates fees and all the fine print to make sure we are comparing apples to apples.
The primary benefit of using a specialized recreational vehicle finance company is that you will nearly always secure a much lower interest rate.
Rates may be higher for loans to purchase an rv from a private party smaller loan amounts longer terms used rvs and a lower credit score.
But if you have poor credit such as a fico score below 580 interest rates will likely be much higher.
Rv refinancing can free up money in your monthly budget and in some cases can even reduce the amount paid over the life of the loan.
Example of a refinance recreational use rv loan.
Rv loans if you want to hit the road in an rv but don t have the necessary cash on hand you re likely looking at getting an rv loan.
A 65 399 loan includes a 399 processing fee for 5 years with a fixed interest rate of 3 747 would have an apr of 3 99 and 60 monthly payments of 1 96 97.
If you have excellent credit current rv financing rates start around 4 29 percent.
When you want to take the comforts of home with you on the road suntrust can help with low rates on a loan to finance any variety of motorhome rv or camping trailer.