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Thread: Interest Rate
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Old 07-09-2017, 10:19 PM   #14
rick kirby
Senior Member
 
Brand: Thor Motor Coach
Model: challenger 37YT
State: Michigan
Posts: 247
THOR #6874
Interest Rate

Quote:
Originally Posted by Mo_Mike View Post
We used US Bank last year, 2.99% for 30 years...



Had to go 30 years to get that rate.



Have to keep the loan for two years, then no penalty payoff


They have a penalty for early payoff ?
My loan was through Bank of America for about 75 grand( in feb of this yr) and I now owe about 18 grand.
My rate for 20 yrs was 3.5% and my credit score was 842.
I look to pay this loan off this yr. I hate owing money.

How much would your penalty be ?
I've seen nothing about it in my paperwork.
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