RV Loans
The great outdoors is not far from your doorstep. One way to experience the outdoors is with an RV.
An RV gives you an opportunity to easily move from place to place while living with all the comforts of home. Harford Bank has an excellent RV loan with low rates and payments waiting for you. Come explore the possibilities.
Product Features
- Affordable fixed interest rates, terms and payments
- Purchase a new or used RV’s
- Refinance your current RV loan to a lower rate to save money
- Variety of loan terms with competitive pricing are available
- Quick loan closings
RV Loan Rates
All Rates are expressed in Annual Percentage Rate [APR].
New RV Rates
| Term
|
Loan Amount
|
Automatic Payment Interest Rate*
|
Standard Interest Rate
|
| 120 Months
|
Up to $50,000
|
7.54%
|
7.79%
|
| 180 Months
|
$50,001 and Larger
|
7.24%
|
7.49%
|
Used RV Rates
| Term
|
Loan Amount
|
Automatic Payment Interest Rate*
|
Standard Interest Rate
|
| 120 Months
|
Up to $50,000
|
7.74%
|
7.99%
|
| 180 Months
|
$50,001 and Larger
|
7.44%
|
7.69%
|
*Automatic Payments: To qualify for the Automatic Payment Interest Rate, you must have the monthly payments automatically transferred from a deposit account that you maintain with Harford Bank.
For new RV loans, the Annual Percentage Rates* are computed based on $50,000 and $75,000 loans made for the maximum terms available. For used RV loans, the APRs are computed based on $50,000 and $75,000 loans made for the maximum terms available. The APR will be different for a different loan amount and/or loan term.
Automatic Payment Interest Rate payment examples
Based on a new RV loan amount of $50,000 and a term of 120 months, the monthly loan payment is $594.55; a $75,000 loan for 180 months would have monthly payment of $684.22.
Based on a used RV loan amount of $50,000 and a term of 120 months, the monthly loan payment is $599.79; a $75,000 loan for 180 months would have a monthly payment of $692.70.
Standard Interest Rate payment examples
Based on a new RV loan amount of $50,000 and a term of 120 months, the monthly loan payment is $601.10; a $75,000 loan for 180 months would have monthly payment of $694.83.
Based on a used RV loan amount of $50,000 and a term of 120 months, the monthly loan payment is $606.37; a $75,000 loan for 180 months would have a monthly payment of $703.38.
There is a down payment requirement of 10% for new and used RV loans. Lower rates are available for a 20% down payment. Terms and rates are subject to change without notice and other terms and conditions may apply.
Visit any branch or call 410-942-4000
Fred Branscome [email protected] NMLS#2016086 443-981-1243