Caravan & motorhome finance

Caravan loans and caravan finance

A caravan loan is usually a secured loan over the caravan, campervan or motorhome, repaid over one to seven years, with an unsecured personal loan as the alternative for a cheaper or older van. Pepper Money publishes secured caravan finance from $5,000 to $150,000 with a $0 deposit possible, and loans.com.au from $10,000 to $150,000 over 3 to 7 years, while NAB’s unsecured personal loan for a caravan runs from 7.50% to 22.00% on $5,000 to $55,000. On $50,000 over five years at 8%, the repayment is about $1,014 a month.

Caravan loan repayments
What lenders publish
Car loan calculator

How much is a $20,000 loan over 5 years?

Monthly principal and interest repayments over 5 years, by loan amount and interest rate
Loan amount	Monthly repayment at
Loan amount	7.5%p.a.	9%p.a.	12%p.a.	15%p.a.
$20,000	$401	$415	$445	$476
$40,000	$802	$830	$890	$952
$60,000	$1,202	$1,246	$1,335	$1,427
$80,000	$1,603	$1,661	$1,780	$1,903
$100,000	$2,004	$2,076	$2,224	$2,379

Scroll the table sideways for more rates

Illustrative monthly principal and interest repayments over 5 years, before fees and charges. Rates are examples, not offers; your rate depends on the lender and your circumstances. 7.5% is the bottom of NAB's published personal loan range; secured caravan rates are quoted on application. Run your own numbers.

 Calculator

Caravan loan calculator

Caravans, motorhomes, and campers

Loan amount$60,000

$5,000$150,000

Interest rate7.49% p.a.

6.00% p.a.15.00% p.a.

Loan term7 years

1 year7 years

Monthly repayment

$920.00

Total interest

$17,280

Total repayment

$77,280

Principal 77.6%Interest 22.4%

Get a personalised quote

Estimates only. Actual rate and repayment depend on your lender, loan structure and credit assessment.

Caravan loan lenders a broker can compare

Lenders in our directory that write vehicle loans. Caravan policy varies by lender, and some fund caravans only through an unsecured personal loan: Pepper Money publishes secured caravan finance, for example, and Plenti an unsecured caravan loan. The broker checks which lenders will take your van.

Caravan loan lenders a broker can compare: each lender's type, the products it offers and its current rate
Lender	Products	Current rate
Commonwealth Bank of AustraliaMajor bank	Products: Secured (new vehicle) Secured (used vehicle)	Current rate: 6.79%p.a. 8.20% p.a. comparison rate* Personal Loan Secured (New Vehicle) · Secured Fixed Rate Car Loan, secured by the car being bought: from rate for excellent credit (rates up to 11.29% p.a.); comparison on a $30,000 loan over 5 years. As at 30 Sept 2026 · Source: CommBank rates page (opens in a new tab)
Westpac Banking CorporationMajor bank	Products: Secured (new vehicle) Secured (used vehicle) EV / Green	Current rate: 6.49%p.a. 7.90% p.a. comparison rate* Car Loan Secured · Car Loan for petrol, diesel or LPG cars, fixed rate, secured by the car: from rate; the rate offered depends on your credit assessment. As at 30 Sept 2026 · Source: Westpac rates page (opens in a new tab)
Bank AustraliaCustomer-owned	Products: EV / Green Secured (used vehicle)	Current rate: 6.29%p.a. 6.29% p.a. comparison rate* Clean Energy Car Loan · Electric Vehicle Loan, fixed rate, secured, new electric vehicles; establishment fee waived for fully electric vehicles; comparison on a $30,000 secured loan over 5 years. As at 30 Sept 2026 · Source: Bank Australia rates page (opens in a new tab)
Liberty FinancialNon-bank	Products: Secured (new vehicle) Secured (used vehicle)	Current rate: 8.99%p.a. 10.65% p.a. comparison rate* Liberty Drive Secured · Flexible car loan, secured, new and used cars: from rate; comparison on a $30,000 new-car loan over 5 years with no balloon. As at 30 Sept 2026 · Source: Liberty rates page (opens in a new tab)
MoneyMeSpecialist	Products: Secured (new vehicle)	Current rate: 6.24%p.a. 7.13% p.a. comparison rate* MoneyMe Secured Car Loan · Secured car loan, variable rate, new or used vehicles: from rate for excellent credit history (maximum 26.10% p.a.); $12.50 monthly fee. As at 30 Sept 2026 · Source: MoneyMe rates page (opens in a new tab)
Now FinanceSpecialist	Products: Secured (new vehicle)	Current rate: 7.59%p.a. 8.43% p.a. comparison rate* NF Secured Car Loan (Tier 1) · Vehicle Loan secured by the vehicle, new or used: from rate (rates up to 15.39% p.a.); establishment fee up to $595. As at 30 Sept 2026 · Source: Now Finance rates page (opens in a new tab)
PlentiSpecialist	Products: Secured (new vehicle) Secured (used vehicle) EV / Green	Current rate: 7.99%p.a. 9.78% p.a. comparison rate* Plenti Car Loan (Tier 1) · Secured car loan, new or demo vehicle, homeowner with exceptional credit: from rate (rates up to 12.99% p.a.); comparison on $30,000 over 60 months including a $14.90 monthly fee. As at 30 Sept 2026 · Source: Plenti rates page (opens in a new tab)
Australia and New Zealand Banking GroupMajor bank	Products: Unsecured	Current rate: ANZ rate card (opens in a new tab)
National Australia BankMajor bank	Products: Secured (new vehicle) Secured (used vehicle)	Current rate: NAB rate card (opens in a new tab)
BankSAMajor-bank brand	Products: Secured (new vehicle) Secured (used vehicle)	Current rate: BankSA rate card (opens in a new tab)

Show all 16 lenders

Caravan loan lenders a broker can compare, continued
Lender	Products	Current rate
ING AustraliaTier-2 bank	Products: Unsecured	Current rate: ING rate card (opens in a new tab)
IMB BankCustomer-owned	Products: Secured (new vehicle) Secured (used vehicle)	Current rate: IMB rate card (opens in a new tab)
Newcastle Permanent (Newcastle Greater Mutual Group)Customer-owned	Products: Secured (new vehicle)	Current rate: Newcastle Permanent rate card (opens in a new tab)
Teachers Mutual BankCustomer-owned	Products: Secured (new vehicle) Secured (used vehicle)	Current rate: Teachers Mutual rate card (opens in a new tab)
Pepper MoneyNon-bank	Products: Secured (new vehicle) Secured (used vehicle) Unsecured	Current rate: Pepper Money rate card (opens in a new tab)
Angle FinanceSpecialist	Products: Secured (new vehicle)	Current rate: Angle Finance rate card (opens in a new tab)

Inclusion is editorial reference, not a recommendation. Rates change often, so we only show a rate we captured from the lender's own page in the last 60 days, with a link to that page; otherwise we link to the lender's rate card where it publishes one. The broker you are matched with compares the lenders on their own panel.

See all 20 car loan lenders

* WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Car loan comparison rates are based on a secured loan of $30,000 over 5 years.

Caravan finance at a glance
Touring caravans, pop-tops, camper trailers, off-road vans, fifth-wheelers, campervans and motorhomes, new or used
Secured caravan loans: Pepper Money $5,000 to $150,000 over 1 to 7 years; loans.com.au $10,000 to $150,000 over 3 to 7 years
Unsecured alternatives: NAB $5,000 to $55,000 at 7.50% to 22.00%; Plenti up to $75,000 with $0 monthly fees
Pepper Money publishes a balloon option on new, demo or under-one-year-old caravans
Dealer and private sale purchases can both be financed; a private sale needs a clear PPSR search

What do lenders publish on caravan loans?

Read from each lender's caravan loan page on 30 September 2026. Secured loans use the van as security; unsecured personal loans do not.

Lender	Loan type	Amount and term	Rates and fees as published	Other rules
Pepper Money	Secured (asset-backed) caravan loan	$5,000 to $150,000; 1 to 7 years; $0 deposit possible	Fixed rate, personalised; $499 establishment, $8.90 a month, $8 PPSR fee	Caravans, campervans and motorhomes, new, used or demo, private or dealer; balloon on new, demo or under-one-year vans; answer in 1 to 2 business days
loans.com.au	Caravan loan	$10,000 to $150,000; 3 to 7 years	Rates not server-rendered; no monthly or ongoing fees	New or used caravans; private sale and refinance loans
NAB	Unsecured personal loan for a caravan	$5,000 to $55,000; 1 to 7 years	7.50% to 22.00% (comparison 8.90% to 23.29%); $250 application fee, $15 a month, $0 exit fee	Fixed or variable; funds within one business day of accepting the offer
Plenti	Unsecured caravan loan	Up to $75,000; 1 to 7 years	Personalised; $0 monthly fee, $0 early repayment fee	New or used caravans, upgrades and accessories

Vehicle age and condition

Caravans can have long working lives, but each lender sets its own age and condition rules, and few publish the exact limits; Pepper Money publishes that vehicle age and condition requirements apply. An older van usually means a shorter term, a larger deposit, a specialist lender or an unsecured loan, so check the rules before you commit to a particular van.

Check the tow vehicle too

Before buying a caravan, make sure your tow vehicle's towing capacity covers the van's loaded weight. If the tow vehicle needs upgrading as well, a broker can look at financing both.

Buying tips for caravans

Build quality and support

Caravans from established manufacturers with local warranty and service support tend to be easier to sell on, and easier to finance when used.

Water damage

The biggest issue in used caravans. Look for soft floors, stained walls and musty smells, and get an inspection on an older van.

Weight

The van's laden weight, with your gear and water on board, must stay within your tow vehicle's rated towing capacity.

PPSR search and insurance

Search the PPSR before a private purchase to confirm there is no existing finance, and budget for caravan insurance from the day you take it.

How caravan finance works

Get pre-approved

Know your budget before shopping. Pre-approval gives you negotiating power.

Find your van

Dealers, private sales and caravan shows.

Checks and paperwork

Valuation, PPSR search and the lender's documents.

Hit the road

The lender pays the seller at settlement and the van is yours to tow away.

A car finance broker can check which lenders will take the van you want before you commit, which matters most for an older van or a private sale.

More vehicle finance guides

Boat loans

Boat finance options

Car loan broker

Who compares the lenders

Secured car loans

Lower rates with security

Used car loans

Pre-owned vehicle finance

Private sale car loans

Buy from private sellers

Car loan interest rates

Published ranges by lender

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a secured loan of $150,000 over 25 years for home loans, a loan of $30,000 over 5 years for car and personal loans, and $50,000 over 5 years for equipment finance, unless the lender states another basis.

Caravan loan FAQs

What is the best way to finance a caravan?

For most buyers, a secured caravan loan with the van as security, because secured loans are usually priced below unsecured ones and allow larger amounts: Pepper Money publishes caravan, campervan and motorhome finance from $5,000 to $150,000 on this basis, and loans.com.au from $10,000 to $150,000. An unsecured personal loan (NAB $5,000 to $55,000, Plenti up to $75,000) suits a cheaper or older van, or a buyer who does not want it at risk. Compare offers on the comparison rate.

Is it hard to get a caravan loan?

Not usually, with steady income and a clean credit file. The checks are the ones for a car loan (income, expenses and credit history) plus the van’s age and condition. Pepper Money, for example, publishes that direct applicants must be 18 or over, an Australian citizen, permanent resident or on a relevant work visa, currently employed and not on probation, with no current unpaid defaults or prior bankruptcies, and that age and condition rules apply to the caravan.

How much is a $20,000 loan over 5 years?

About $406 a month at 8%, or $24,332 in total, before fees. At NAB’s lowest published personal loan rate of 7.50% it is about $401 a month, at 10% about $425 and at 12% about $445. Monthly fees and the establishment fee come on top, which is what the comparison rate captures.

What types of caravans can be financed?

Conventional touring caravans, pop-tops, camper trailers, off-road vans, fifth-wheelers, campervans and motorhomes, new or used. Pepper Money publishes that it finances any brand of caravan, campervan or motorhome, new, used or a dealer demo, bought privately or through a dealer, subject to age and condition rules.

How much can I borrow for a caravan?

It depends on the lender and the loan type. Secured caravan loans run from $5,000 to $150,000 at Pepper Money and $10,000 to $150,000 at loans.com.au; unsecured personal loans top out lower, at $55,000 with NAB and $75,000 with Plenti. What you are approved for depends on your income, debts, credit history and the van’s value.

What loan terms are available for caravan finance?

One to seven years at Pepper Money, NAB and Plenti, and three to seven years at loans.com.au. A longer term lowers the repayment but raises the total interest; Pepper Money also publishes a balloon option on new, demo or under-one-year-old caravans.

Are caravan loan rates the same as car loan rates?

Often similar on a secured loan for a newer van, because lenders treat it much like a vehicle: Pepper Money publishes the same fees and 1 to 7 year terms on caravans as on cars. Unsecured caravan loans cost more at the top of the range: NAB’s personal loan for a caravan runs from 7.50% to 22.00% (comparison 8.90% to 23.29%). Your rate depends on the van’s age and value, the lender and your credit file.

Can I finance a caravan from a private sale?

Yes. Pepper Money publishes that it finances caravans bought privately or through a dealer. You will need a PPSR search to confirm there is no existing finance, a valuation or RedBook check, and the seller’s details; some lenders also require an independent inspection, particularly for older or higher-value vans.

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