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RV Loan Calculator

Calculate monthly RV loan payments and total cost of ownership. Compare financing options for motorhomes, travel trailers, and campers with terms up to 20 years.

$
$

20.0% down

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%

RV loans: typically 5-8% for new, 7-12% for used

years

Up to 20 years for newer, expensive RVs

RV Loan Payment

Monthly Payment

$663.31

RV Price$75,000.00
Sales Tax$4,500.00
Down Payment-$15,000.00
Loan Amount$64,500.00

Total Interest

$31,016.04

Over 12 years

Total Cost

$110,516.04

Price + tax + interest

Potential Tax Benefit

If your RV has sleeping, cooking, and toilet facilities, you may be able to deduct mortgage interest as a second home. Consult a tax professional.

Loan Term Comparison

TermMonthly PaymentTotal InterestTotal Cost
5 years$1,277$12,131$91,631
10 years$749$25,368$104,868
15 years$580$39,854$119,354
20 years$500$55,516$135,016

RV Financing Tips

  • 10-20% down payment typically required for best rates
  • New RVs depreciate fast: Can lose 20-30% value in first year
  • Credit unions often have best rates for RV financing
  • Budget for extras: Insurance, storage, maintenance, campground fees
  • Consider how often you'll use it: Renting may be cheaper for occasional use

Related Calculators

How to Use This RV Loan Calculator

This free rv loan calculator helps you make informed financial decisions. Simply enter your values above and see your results instantly - no signup required.

Why Use Our Calculator?

  • Instant Results: See calculations update in real-time as you adjust values
  • Visual Charts: Understand your finances with interactive visualizations
  • Mobile Friendly: Works perfectly on any device
  • 100% Free: No hidden fees or signup required