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Caravan Loan Repayment Calculator

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This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.

How to calculate interest on your RV loan

Our expert loan specialists have access to the lowest fifth-wheeler loan interest rates available on the market. The interest rate a borrower will be offered is dependent on several factors including credit score, the amount being borrowed, the loan term, type of loan, and lender policies.

How we calculate interest is simple. For example, with a $20,000 loan at a 7% interest rate over 5 years, a borrower will be required to pay approx. $396.02 per month. This results in sixty total repayments and $3,761.20 in interest over the course of the loan.

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How to use our caravan loan repayment calculator

Estimate your monthly loan repayments and overall loan costs by entering whether the caravan finance will be secured or unsecured, the amount you wish to borrow, the interest rate (if different from the auto generated rate), and your term and repayment schedule into the required fields. This will display a straightforward and easy-to-understand breakdown of your monthly repayments and the overall rate of interest.

Use the Calculator

Borrow amount

The borrow amount refers to the total amount of money you wish to borrow for your new or used RV purchase. This amount should include any additional costs like registration and insurance for the vehicle.

Interest rate

Borrowers should input the competitive interest rate being displayed for the secured or unsecured credit facility by Jade Finance at that point in time. The interest rate entered will significantly impact the repayment amount displayed so it is important to input a rate that reflects your credit profile and the current market.

Loan term

Common loan terms for camper trailer purchases range from 1 to 7 years. In the required fields of the calculator, specify the duration which you plan to repay the loan. It is important to remember that longer terms generally result in lower monthly payments, but may increase the total interest paid. Conversely, shorter terms generally result in higher monthly payments and less total interest over the life of the loan.

Repayment schedule

The final field to complete is the repayment schedule which requires borrowers to decide how often they plan to make repayments for the loan. This can be monthly, bi-weekly, or weekly. Selecting a repayment schedule that works best for you is important as it can directly impact your cash flow.

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  • Camper Trailer Loan Repayment Calculator

  • Motorhome Loan Calculator

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What you need to know about our camper trailer loan repayment calculator

When calculating monthly repayments on your motorhome loan, it is important to know that our online loan repayment calculator provides you with an estimate, not a finance offer or approval. When you contact us to receive a quote from our large panel of banks and lenders, the actual loan amount may vary due to fees and charges imposed by the lender.

Additionally, the calculator is unable to account for individual application differences, causing the final repayment amount to be higher or lower than the estimate provided. An individual’s credit score, the type of rate selected, the loan type and more, can all impact the total amount a borrower will be required to repay.

Our online calculator is designed to calculate repayments with compound interest and does not work for interest-only loans. By changing the amounts inputted into the calculator, buyers in the market for a caravan loan can observe how different loan terms affect the repayment amount.

For an exact quote or to further explore your loan option, give our team a call or connect with us online.

  • Online calculator to be used for estimations only.
  • Repayments calculated with compound interest.
  • Final repayment amount may be higher or lower.
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When to use a motorhome loan calculator

Buyers in the market for a caravan loan should use our online loan repayment calculator to compare personal loan options. This comparison is done by inputting and adjusting the loan amount, interest rates, and terms.

By selecting either a fixed or variable interest rate, certain advantages can be achieved. For example; fixed rates provide stability with consistent monthly payments, while variable rates fluctuate, potentially saving borrowers money if rates decrease.

Loan terms available are between 1 and 7 years. The shorter the loan term selected, the higher the monthly payments but less overall interest. The longer the loan term selected, the lower the monthly costs but may increase the total interest paid.

The flexibility of our RV loan calculator enables borrowers to find the best finance for their needs. Get in touch with a broker specialising in motorhome finance.

  • Quick loan comparisons on camper finance.
  • Option to choose fixed or variable interest rate.
  • Loan terms of 1 to 7 years available.

We work harder to secure the best rates.

Caravan finance guides and resources

Our guides offer quick comparisons and simple explainers to help you cruise through the financing process with confidence.

Caravan Finance

Caravan Loans
No Deposit Caravan Finance
RV Loans
Secured Caravan Loans

Car Loans

Car Loans
Low Doc Car Loans
New Car Finance
No Credit Car Loans

Personal Loans

Personal Loans
Best Personal Loan Interest Rates
Low Doc Personal Loans
Personal Debt Consolidation

More Finance Options

Business Loans
Truck Loans
Boat Loans
Equipment Loans

Caravan Finance Calculator FAQs

To ensure you capture the full enjoyment of the caravan lifestyle, we’re providing as many resources and as much information as possible to streamline and simplify your caravan loan process. Using our caravan finance calculator is quite a simple process but if you’ve never used an online function like this before, we understand you may have reservations and questions. We’ve selected a range of questions to address directly in this section and if you have further queries, please feel free to contact us and a Jade Caravan Finance consultant will assist you Call 1300 000 008

  • You can actually enter any interest rate but we recommend you enter a higher rate to be safe. Your caravan loan may differ significantly from the example given and as such may not be relevant. But the comparison rate gives you an indication of the rates we can achieve when all fees and charges are include. Use current advertised rates available in teh web into the calculator for the purpose of receiving a rough repayment estimate.

  • No. The calculator is purely a calculation device. It is not intended in any way to represent a loan application form. It allows you to easily and quickly source estimates on repayments based entirely on the data or amounts that you enter. It is does not have the capability to pre-empt any specifics in around the individual loan application that you may submit. Lenders adhere to the Responsible Lender Guidelines and consumer finance laws as regulated by ASIC. That involves following a strict protocol when receiving and processing caravan loan applications.

  • Most online calculators charged no fee to use the Caravan Finance calculator. It is a free resource that is provided to assist caravan buyers with their selection and purchasing decisions. No obligation is attached to using the calculator either. You can use it whenever you like and for as many caravans as you are considering without any obligation to proceed further. Even when you request a quote or commence a loan application there is no charge or obligation attached until you reach the final confirmation stages. Here’s a tip: if you’re visiting a caravan show and inspecting a whole collection of caravans, have the calculator open on your phone to quickly calculate repayment estimates while you’re speaking with the dealers.

  • Caravan finance is sourced from many banks and non-bank lenders. It will not be known which lenders will make the best loan offer to you until your loan application details have been assessed and quotes sourced. When a caravan loan offer is sourced, then you will know which lender has made the offer. The calculator does not formulate estimates based on the offers from any specific lender. It is a general calculation operation which is formulated to provide a repayment estimate based purely on the data entered.

  • Loans are provided for all types of leisure vehicles so you can use the calculator for all caravans. The calculator is suitable to source repayment estimates for traditional caravans, camper trailers, RVs, motorhomes, slide-ons, off-road caravans, toy haulers and hybrids of all lengths, styles and quality. We offer finance for all leading caravan manufacturer brands including Jayco, Millard, Avida, Viscount, Blue Sky, Goldstream, Essential, Evernew, Horizon, Majestic Winnebago, Sunliner and many more. For whichever van you are considering simply enter the loan amount that you want, which is often 100% of the purchase price and the loan term you want, the interest rate we are currently offering and you will see the repayment estimated displayed. You can use the calculator for as many vehicles as you are considering.

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Jade Finance simple fast approval application process quickly delivers back all the information you need to help you make the right choices on your finance needs. We pride ourselves on delivering better loan interest rates. Simply you will find our loan packages hard to beat.

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