We have an RV that we use for our home, the loan on it was for 14.5 years with a non-fixed int. rate. In the contract it was stated that the bank was to review the int. rate controlled by the prime every 12 months and let us know what the new payment would be for the next year. In 14 years that was never done now the bank wants a large payment on the last month $19,000+ can they do that or take our home?
