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RV Loan Calculator

Estimate monthly payments on a recreational-vehicle loan, including longer-term RV financing.

Loan Parameters
$
Monthly Payment
$888
Total Interest
$47,878
Total Cost
$127,878
Payoff Year
2038

Term Comparison

3 yr
$2,525
$10,915 interest
4 yr
$1,972
$14,649 interest
5 yr
$1,641
$18,479 interest
6 yr
$1,422
$22,403 interest
7 yr
$1,267
$26,421 interest

Typical RV Loan Rates & Terms

Typical APR
7%–11% for new RVs with good credit; higher for used or low credit
Typical Term
10 to 20 years (longer terms common because of higher purchase prices)

Tips for RV Loans

  • RVs depreciate quickly. A 20-year term on a Class A motorhome often leaves you underwater for most of the loan.
  • Some banks offer RV-specific loan products with better rates than personal loans for the same amount.
  • A 20% down payment is standard. Lower down payments are possible but usually come with rate premiums.
  • Insurance and storage costs are not in this calculator. Factor them into your real monthly cost of ownership.

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Frequently Asked Questions

  • 7%–11% for new RVs with good credit; higher for used or low credit. Your actual rate depends on your credit score, loan term, down payment, and the lender. Always shop at least three lenders before signing.