Lowest Rv Refinance Rates

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.

Lowest rv refinance rates.

The primary benefit of using a specialized recreational vehicle finance company is that you will nearly always secure a much lower interest rate. 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. 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. 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.

Example of a refinance recreational use rv loan. Learn how rv financing works including rates terms and risks to consider. 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.

Then we do the math. 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. To start your financing or refinancing loan process complete our secure online application. Rv loans help finance the purchase of a new or used recreational vehicle.

Lowest rv refinancing rates extended terms. If you have excellent credit current rv financing rates start around 4 29 percent. Example of a refinance recreational use rv loan. 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.

If you feel like you re overpaying for your recreational vehicle loan it may be worthwhile to see if you can refinance for a loan that will better suit your immediate needs and long term financial goals. But if you have poor credit such as a fico score below 580 interest rates will likely be much higher. We look at each bank s rates fees and all the fine print to make sure we are comparing apples to apples.