RV Loan Calculator
Plan your RV purchase with accurate payment estimates. Enter the RV price, down payment, interest rate, and loan term to see your monthly payment, total interest, and overall financing cost.
RV loans function like auto loans but with longer terms to accommodate higher price tags. Class A motorhomes can cost $100,000 to $300,000+, while travel trailers start around $15,000-$40,000. Loan terms typically range from 10 to 20 years for units over $50,000.
For example, a $75,000 RV with $15,000 down at 7% APR for 15 years has a monthly payment of about $539. Over the full term, you will pay roughly $37,100 in interest, making the total cost $97,100. Shortening to 10 years bumps the payment to $697 but cuts total interest to $23,600, saving $13,500.
New RV rates typically run 5-8%, while used RVs see 6-10% depending on age. Lenders usually require 10-20% down. If your RV has sleeping, cooking, and bathroom facilities, it may qualify as a second home for the mortgage interest deduction. Credit unions and RV-specialty lenders often offer the best rates compared to dealer financing.