Thanks to all of you! I have spent some time on the Class B. We have a lot to think about and will call on the members here to help with my research. You all are full of knowledge and I thank you.
Britt
ed6713 wrote: If you own real estate, and are eligible for an equity loan, that will, in all likelihood, get you the very best interest rate. Something in the 3 to 4% range.
Yes. THis ^
I just paid off my RV with a home equity loan at 3.9% interest. MUCH much higher with the loan I got initially. If you have the opportunity to do this, that is your best bet.
ed6713 wrote: If you own real estate, and are eligible for an equity loan, that will, in all likelihood, get you the very best interest rate. Something in the 3 to 4% range.
Yes. THis ^
I just paid off my RV with a home equity loan at 3.9% interest. MUCH much higher with the loan I got initially. If you have the opportunity to do this, that is your best bet.
Equity Loan. I thought I should let the members know my thoughts on using your Home Equity Loan.
I made a Vow to my wife to get our home paid off and to never use a line of credit against the home. I understand that it may not be considered normal not to use the equity in the home but times are hard and I must honor my commitment.
It is tempting but I just can not do it.
If able, when you pay your house off, Do your best to keep it free and clear.
I can get just under 4 percent on a new vehicle loan, two years or less, more than 25% down. That would be from my credit union, where I have a 30+ year history and substantial share balances.
That's the lowest I've seen lately, except for some factory-sponsored sales tool interest deals on specific models of cars and trucks, which have been as low as 0.9% in the past couple months.
Different loan size, longer terms, less security, different credit history, your interest is likely to be higher.
AprilWhine wrote: If you qualify to join USAA, their lowest loan rate is 1.79%
Is this for an RV loan?
TZS and Wife
2007 Monaco Executive Sandia IV
Cummins ISX 525 Horsepower
Allison 4000 Six Speed Transmission
Roadmaster Chassis
2006 Saturn Vue
SMI Air Force One
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