Hardly a single person has yet to actually answer the question. The answer might be 15%, 20%, or “I don’t know” %. But the answer does not involve opinions on what is a good decision or making assumptions about my financial plans.

Well, honestly, that’s why I am asking. But most people seem more keen on patronizing instead of giving an answer.

Interest rates are high right now. Known fact. I didn’t want to waste a hard pull to find out HOW high they are on RV loans for people with similar credit standing. Last year my mortgage got financed on 3.25 with exactly the same credit score and debt.

Now with the Fed hike, I was anticipating something like 10%-12% for RV loan. All in all, I won’t be paying on the loan more than a year or so. But I am also not getting a loan with some crazy 20% interest.

I’ll be paying off the loan when I sell my home. But I need to know my estimated costs in the interim. I’ll also add, this is necessary because I pay for my mom’s living situation and she will need this when I have to move out of Florida.

Also, I never said anything about a new RV. 🙂

I asked a specific question. I did not ask to be patronized with assumptions about poor financial management. Good day.

Why are you going up and down this thread making multiple comments about what I may or may not be able to afford?

40% DTI is with the loan. Thanks.

Thank you for replying in a civil manner and providing meaningful advise. I am looking at a 2005 Seabreeze Lx. I would never go near a dealer…they are predatory. I was aiming for an RV payment between 350-400, but based on my research it appeared to be closer to 475 with my current specs. Hence my question.

I am getting a used one.