Has anyone come across any good deals on financing recently?
Looking for the lowest interest rates and longer terms. I have checked my CU and bank but not that good.
I bought my 1983 34’ Excella by borrowing against my 403b (an alternative to a 401k) at work. I have 5 years to pay it off vs. 10 years if I had purchased a “house.”
Have you looked at getting a home equity loan? The rates are not the greatest at this time, but better then some other types of loans. The interest you pay can be deducted at tax time (in most cases).
I seem to be agreeing with Richard a lot in the last few minutes. While home equity loans have been better in the past, they would still be better than the rate I am getting for borrowing against my 403b. I did that because my Airstream is my home. Previously it was my 1967 24’ Trade Wind.
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