Common features of RV loans in Canada
- Amount. Borrow between $1,000 and $200,000 with most lenders (though some may give you more if you have excellent credit or high-value assets).
- Term. Choose a term that ranges between 1 and 20 years.
- Interest rates. Rates can be fixed or variable and tend to fall between 5% and 47%. The rate you get will depend on your lender and credit score.