Go Back   Thor Forums > Thor Brands and Products > Thor Motor Coach | Class A, Class B+ & Class C Motorhomes
Click Here to Login
Reply
 
Thread Tools Display Modes
 
Old 04-24-2020, 02:13 PM   #1
Member
 
Brand: Thor Motor Coach
Model: Axis 25.2
State: New York
Posts: 33
THOR #15036
Refinancing mh

Need to refinance my Axis mh. Suggestions of what companies to use?
__________________

__________________
Glenn Briglio is offline   Reply With Quote
Old 04-24-2020, 02:33 PM   #2
Senior Member
 
jannnda's Avatar
 
Brand: Thor Motor Coach
Model: 31Z Hurricane
State: Texas
Posts: 451
THOR #14120
Quote:
Originally Posted by Glenn Briglio View Post
Need to refinance my Axis mh. Suggestions of what companies to use?

I received a flyer in the mail. Was going to call but had a chance to take the MH to a campground. When I get back on Monday I will send you the info.
__________________

__________________
jannnda is offline   Reply With Quote
Old 04-24-2020, 03:49 PM   #3
I Think We're Lost!
 
Bob Denman's Avatar
 
Brand: Still Looking
Model: Tiffin Wayfarer 24 BW
State: New York
Posts: 13,427
THOR #8860
Quote:
Originally Posted by Glenn Briglio View Post
Need to refinance my Axis mh. Suggestions of what companies to use?
Who do you have it with now?
__________________
Good Sam Member 843599689
FMCA Member F473304
Current coach: Tiffin Wayfarer 24 BW
"Nobody helps him. Now he has his revenge"
Bob Denman is offline   Reply With Quote
Old 04-24-2020, 04:00 PM   #4
Member
 
Brand: Thor Motor Coach
Model: Axis 25.2
State: New York
Posts: 33
THOR #15036
Quote:
Originally Posted by jannnda View Post
I received a flyer in the mail. Was going to call but had a chance to take the MH to a campground. When I get back on Monday I will send you the info.
Yes I got a flyer too from good sam. Thank you
__________________
Glenn Briglio is offline   Reply With Quote
Old 04-24-2020, 04:35 PM   #5
Member
 
Brand: Thor Motor Coach
Model: Axis 25.2
State: New York
Posts: 33
THOR #15036
Quote:
Originally Posted by Bob Denman View Post
Who do you have it with now?
State farm
__________________
Glenn Briglio is offline   Reply With Quote
Old 04-24-2020, 05:07 PM   #6
Senior Member
 
ducksface's Avatar
 
Brand: Thor Motor Coach
Model: 2018 24.1 AXISSIXxSIX
State: Arizona
Posts: 1,617
THOR #13932
Why?
That's the most important part.
If you're not going to tell us the terms you now have and the reason you might as well open the yellow pages and start calling random banks.
At least they'll be local.
__________________
Below is a link to most of my modifications either accomplished or pending.
https://www.thorforums.com/forums/f2...n-18996-3.html

Click on my pictures then click the pop-up for a full screen zoomable picture.
ducksface is offline   Reply With Quote
Old 04-24-2020, 05:09 PM   #7
Senior Member
 
jannnda's Avatar
 
Brand: Thor Motor Coach
Model: 31Z Hurricane
State: Texas
Posts: 451
THOR #14120
Quote:
Originally Posted by Glenn Briglio View Post
Yes I got a flyer too from good sam. Thank you

It was not good sam
__________________
jannnda is offline   Reply With Quote
Old 04-24-2020, 06:50 PM   #8
Member
 
Brand: DRV
Model: Mobile Suites 36RSB3
State: Oregon
Posts: 45
THOR #17449
Not trying to be rude but instead of refinancing can you make an extra $100. payment maybe more to get it paid off quickly instead of giving the bank interest money every month.
__________________
GTM41261 is offline   Reply With Quote
Old 04-24-2020, 07:00 PM   #9
I Think We're Lost!
 
Bob Denman's Avatar
 
Brand: Still Looking
Model: Tiffin Wayfarer 24 BW
State: New York
Posts: 13,427
THOR #8860
We have ours through Bank of The West. We then re-financed with them, and saved over 2% on the interest rate.
__________________
Good Sam Member 843599689
FMCA Member F473304
Current coach: Tiffin Wayfarer 24 BW
"Nobody helps him. Now he has his revenge"
Bob Denman is offline   Reply With Quote
Old 04-25-2020, 12:20 PM   #10
Senior Member
 
Judge's Avatar
 
Brand: Thor Motor Coach
Model: 2020 Magnitude SV34
State: Florida
Posts: 798
THOR #12751
I got an e-mail Good Sams as well about MH refinancing.

My current rate is 5.49%. They are offering 4.49% for similar loan amount and term. When I used their calculator to determine the payment, it was only a few dollars less ($6) than my current payment.... and that was with using $5000 less than my current balance.

I suspect they have some hefty refinancing fees.

I was already adding a few extra dollars to each payment so I may just increase it and that will have the same effect as a lower APR in terms of paying less interest... and paying it off sooner.
__________________
Judge is offline   Reply With Quote
Old 04-25-2020, 01:18 PM   #11
Senior Member
 
Brand: Thor Motor Coach
Model: '17-Vegas 24.1
State: California
Posts: 716
THOR #13362
Quote:
Originally Posted by Judge View Post
I got an e-mail Good Sams as well about MH refinancing.

My current rate is 5.49%. They are offering 4.49% for similar loan amount and term. When I used their calculator to determine the payment, it was only a few dollars less ($6) than my current payment.... and that was with using $5000 less than my current balance.

I suspect they have some hefty refinancing fees.

I was already adding a few extra dollars to each payment so I may just increase it and that will have the same effect as a lower APR in terms of paying less interest... and paying it off sooner.
Iím in similar situation
I have a lower balance at 4.99 thru BofA.
Good SAMs is quoting me a savings of 60 basis points, but the decrease in payment is negligible.

So, I agree with you and others...throw extra towards the principle each month.

By the way...closing on a home Re-fi at 2.99% this week. I hit the market just right.
And, in other news...still waiting on the stimulus/aid deposit.
__________________
'17 Vegas 24.1
taylorbob1 is offline   Reply With Quote
Old 04-25-2020, 02:22 PM   #12
Member
 
Brand: Thor Motor Coach
Model: Axis 25.2
State: New York
Posts: 33
THOR #15036
I already make payments to knock down principal. Looking to cut interest charges and years off of loan
__________________
Glenn Briglio is offline   Reply With Quote
Old 04-25-2020, 03:26 PM   #13
Senior Member
 
ducksface's Avatar
 
Brand: Thor Motor Coach
Model: 2018 24.1 AXISSIXxSIX
State: Arizona
Posts: 1,617
THOR #13932
Blocked.
__________________
Below is a link to most of my modifications either accomplished or pending.
https://www.thorforums.com/forums/f2...n-18996-3.html

Click on my pictures then click the pop-up for a full screen zoomable picture.
ducksface is offline   Reply With Quote
Old 04-25-2020, 04:26 PM   #14
Senior Member
 
Squerly's Avatar
 
Brand: Thor Motor Coach
Model: Wind Sport
State: North Carolina
Posts: 435
THOR #14340
Quote:
Originally Posted by ducksface View Post
Blocked.
??? Sorry, what does "Blocked" do?
__________________
Fairly new RV'rs (Jim & Trish) Married 30 years
2-GSD's (Rex & Ryker)
40' Tiffin Phaeton QTH
2016 Jeep Rubicon Hard Rock edition
Squerly is offline   Reply With Quote
Old 04-25-2020, 04:43 PM   #15
Senior Member
 
ducksface's Avatar
 
Brand: Thor Motor Coach
Model: 2018 24.1 AXISSIXxSIX
State: Arizona
Posts: 1,617
THOR #13932
Quote:
Originally Posted by Squerly View Post
??? Sorry, what does "Blocked" do?
It allows me to not see posts from a blocked member.
If asked or told something and their response ignores questions or answers already given them, repeatedly, I block them so as to not find I respond to them in future threads only to get the get same lack of response or selfishness or misinformation.

Click
User cp on the upper left of the screen below the splash title.
Look in the column on the left.
Toward the lower end of that column you'll see
edit ignore list.
Click it, type in the full or partial name of the offending member, select from the drop down provided.
Click save changes (or something like that)
A list of blocked members will show.
You can remove them from your blocked list easily with just
Uncheck the box
Click save changes.
__________________
Below is a link to most of my modifications either accomplished or pending.
https://www.thorforums.com/forums/f2...n-18996-3.html

Click on my pictures then click the pop-up for a full screen zoomable picture.
ducksface is offline   Reply With Quote
Old 04-25-2020, 04:47 PM   #16
Senior Member
 
Squerly's Avatar
 
Brand: Thor Motor Coach
Model: Wind Sport
State: North Carolina
Posts: 435
THOR #14340
Quote:
Originally Posted by ducksface View Post
It allows me to not see posts from a blocked member.
If asked or told something and their response ignores questions or answers already given them, I block them so as to not find I respond to them in future threads only to get the get same lack of response or selfishness or misinformation.
Well how about that, who knew? Learn something new everyday.

So I guess the rules of using a feature this powerful is that we notify everyone that we have implemented it?
__________________
Fairly new RV'rs (Jim & Trish) Married 30 years
2-GSD's (Rex & Ryker)
40' Tiffin Phaeton QTH
2016 Jeep Rubicon Hard Rock edition
Squerly is offline   Reply With Quote
Old 04-25-2020, 05:03 PM   #17
Senior Member
 
ducksface's Avatar
 
Brand: Thor Motor Coach
Model: 2018 24.1 AXISSIXxSIX
State: Arizona
Posts: 1,617
THOR #13932
Quote:
Originally Posted by Squerly View Post
Well how about that, who knew? Learn something new everyday.

So I guess the rules of using a feature this powerful is that we notify everyone that we have implemented it?
I don't.
I did here due to the sparsity of return answers about such a life changing action and the disregard for the questions asked and the answers given by those people trying to address the initial sparse question.

A wake up call, I hope, so the offender might participate, actuate, manipulate, masticate, extrapolate, communicate and regard the time spent by those members trying to honor their request.
No other reason.
__________________
Below is a link to most of my modifications either accomplished or pending.
https://www.thorforums.com/forums/f2...n-18996-3.html

Click on my pictures then click the pop-up for a full screen zoomable picture.
ducksface is offline   Reply With Quote
Old 04-27-2020, 12:57 PM   #18
Senior Member
 
Brand: Thor Motor Coach
State: Maryland
Posts: 247
THOR #5837
Quote:
Originally Posted by Bob Denman View Post
We have ours through Bank of The West. We then re-financed with them, and saved over 2% on the interest rate.

Bob,
Can you give some more details on the rates and terms? Are there fees to refinance?


I also have my loan through Bank of the West. My rate is 5.74%. Is your new rate significantly lower than this? It doesn't seem like they'd have any incentive to refinance at a lower rate unless they charge some fees. Or maybe they just want to keep you from refinancing with someone else.


I do pay some extra principal every month -- trying to keep from being upside down as it depreciates. But it would be great if I could also have a lower interest rate.


You can reply privately if you prefer. Thanks.
__________________
jabrabu is offline   Reply With Quote
Old 04-27-2020, 01:02 PM   #19
I Think We're Lost!
 
Bob Denman's Avatar
 
Brand: Still Looking
Model: Tiffin Wayfarer 24 BW
State: New York
Posts: 13,427
THOR #8860
I refinanced late last Fall... There were no closing fees.
3.89%
__________________
Good Sam Member 843599689
FMCA Member F473304
Current coach: Tiffin Wayfarer 24 BW
"Nobody helps him. Now he has his revenge"
Bob Denman is offline   Reply With Quote
Old 04-27-2020, 02:20 PM   #20
Senior Member
 
jannnda's Avatar
 
Brand: Thor Motor Coach
Model: 31Z Hurricane
State: Texas
Posts: 451
THOR #14120
Quote:
Originally Posted by Bob Denman View Post
I refinanced late last Fall... There were no closing fees.
3.89%

Wow thatís great!! Where did you get 3.89%?
__________________

__________________
jannnda is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Featured Campgrounds

Reviews provided by

Disclaimer:

This website is not affiliated with or endorsed by Thor Industries or any of its affiliates. This is an independent, unofficial site.




All times are GMT. The time now is 03:42 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0 PL2
×