Make sure you get the best deal on RV financing by using the RV loan calculator below and comparing potential RV loans from multiple lenders. Our lenders offer loans on new and used RVs, including motor homes, fifth-wheels, travel trailers, pop-up campers, and toy haulers. If you have an existing RV loan, we can even help you with refinancing.
RV lenders that are in LendingTree’s network offer loan amounts from no minimum to no upper limit, flexible terms to fit your lifestyle and options for those with less-than-perfect credit.
| RV Loan Terms | ||||
| Lender | Starting APR Range | Minimum Amount | Maximum Amount | Terms (Months) |
| Good Sam | 4.29% – 8.59% | $10,000 | $2,000,000+ | 48 – 240 |
| GreatRVLoan | 3.99% – 5.99% | $10,000 | $2,000,000 | 60 – 240 |
| LightStream | 4.29% – 11.89% | $5,000 | $100,000 | 24 – 84 |
| Georgia's Own Credit Union | 5.50% – 7.25% | No minimum | $250,000 | 60 – 120 |
| Essex Credit | 4.29% – 8.59% | $10,000 | $2,000,000+ | 48 – 240 |
If you’d like to find out what your payment might be, here’s a link to our RV loan calculator.
If you opt for a fixed-rate loan, you can be sure your last payment will be the same as your first – and all the ones in between, barring any changes you choose to make. However, the lender may charge you a higher rate from the start for that privilege.
Variable-rate loans, on the other hand, can change without notice. However, as a result of shouldering that risk of changing rates, you may receive a lower initial offer.
Which should you choose?
Variable-rate loans tend to be offered on more expensive RVs. A lower initial rate would save you money, but later hikes could eat into those savings. The decision has more to do with your personal tolerance for risk more than anything else.
There are many factors that can affect the RV loan rate you will pay, including:
It’s hard to overstate the relationship of your credit score to your RV loan rate. A borrower with a great credit score may pay thousands less over the life of their loan than someone with poor credit.
Improve your score: If you need help improving your credit score, there are steps you can take.
Your lender is likely to examine the proportion of your monthly income that goes to housing or other monthly expenses. The intention is to make sure you can comfortably afford the payments on your new loan. Lenders may raise your interest rate if they have affordability worries or require that your debt-to-income ratio is 40% or less.
As we mentioned, lenders want to be sure that you’ll be able to pay back the loan. You’ll be asked to state your monthly or annual income, but you can usually include multiple sources of income if you have them, such as retirement, Social Security benefits or a pension.
You can typically find better RV loan rates on more expensive and new or relatively new RVs. Lenders consider older used RVs – typically five years or older – as riskier investments due to the possibility of wear and tear and high mileage. The riskier the investment, the possibility of a higher rate.
That said, you can usually buy used RVs for a greatly reduced price, which may more than make up for the increased interest rate.
