How do I know what RV loan APR I’ll receive?
Advertised annual percentage rates (APRs) for RV loans can fluctuate, though we’ve seen a general range between 4% and 8%. The better your credit, the lower your APR will probably be, but there are bad-credit RV loan options. Note that the APR on an RV loan includes interest and any applicable fees. If you have an APR rather than an interest rate, plug it in the RV loan calculator for a more accurate payment estimate.
Where can I get an RV loan?
Dealership partners and major lenders, such as national banks and credit unions, often offer RV loans — which typically range from four to 20 years. Shopping around as you look to finance an RV could save you money in interest.
Here are some in-depth reviews on two popular lenders:
Apply to a few lenders and then choose your best offer. It doesn’t hurt your credit to apply to multiple lenders any more than it does to apply to one as long as you submit the applications within a 14-day window.