Dreaming of weekend getaways or extended road trips across Australia? A caravan loan can help you hit the road sooner without draining your savings. At LoanCalculator.com.au, we connect you with 40+ top Australian lenders to find competitive rates and flexible terms that fit your budget.
A caravan loan is a tailored financial solution designed specifically for purchasing recreational vehicles—whether that’s a traditional caravan, camper trailer, motorhome, or fifth wheeler. Instead of paying upfront, you spread the cost over time with manageable repayments.
Traditional towable trailers with full amenities, from compact couples' models to spacious family options
Lightweight and easy to tow, perfect for off-road adventures
Self-propelled vehicles combining living quarters with a driving cabin
Larger caravans towed by pickup trucks, ideal for extended trips
Compact when towing but expandable when parked
Combining caravan and camper trailer features with expandable sections
Compact units that mount onto utes or trucks
Caravan loans are straightforward. With a secured loan, your caravan acts as collateral, typically resulting in lower interest rates and longer repayment periods—ideal for new or high-value caravans.
If you prefer not to use your caravan as security, an unsecured loan offers a simpler application without the risk of repossession. While rates may be slightly higher, it provides peace of mind.
Loan terms range from 1 to 7 years, allowing you to balance monthly payments with total interest costs. Longer terms mean lower monthly payments, while shorter terms help you own your caravan faster.
Choose between fixed rates (predictable repayments) or variable rates (potential savings if rates drop). Most borrowers prefer fixed rates for budget certainty.
Getting pre-approved clarifies your budget, strengthens your negotiating position, and streamlines the purchase process.
Use our free calculator to explore options from 40+ lenders
Submit your secure application with required documents
Receive a decision, often within 24-48 hours
Finalise paperwork, receive funds, and start your adventure
To improve your credit score, focus on paying bills on time and reducing outstanding debts before applying for a loan to secure better rates. Always compare all options available across our 40+ lenders to find the best fit for your needs. Save a larger deposit if possible, as this can lower your loan amount and reduce interest over time. If you can handle higher repayments, choose a shorter term to save on overall interest costs. Keep an eye out for promotions like cashback offers or rate discounts, as they can make a big difference. Finally, skip unnecessary add-ons unless they truly provide value to your loan or financial goals.
Upfront costs:
Ongoing costs:
Budget smarter by using our free loan calculator to plan repayments, saving for unexpected costs, and tracking your spending.
| Situation | Solution | Outcome |
|---|---|---|
| Young family wanting a $60,000 pop-top caravan for weekends | Secured loan with 10% deposit ($6,000), 5-year term at 6.5% p.a. Monthly repayments: $1,100 | Competitive fixed rate with predictable repayments for family budgeting |
| Retired couple upgrading to a $120,000 motorhome | Secured loan with 20% deposit ($24,000), 7-year term at 5.99% p.a. Monthly repayments: $1,500 | Longer term kept repayments manageable while enjoying their dream vehicle |
| Solo traveller buying a $30,000 camper trailer | Unsecured loan, 3-year term at 8.99% p.a. Monthly repayments: $970 | Quick approval process without using the trailer as security |
Find clear answers to the most frequently asked questions about caravan loans.
