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What better way to explore the stunning sights of Australia than with your own motorhome. With a home on wheels, you’ll have the freedom to go wherever you want.

Purchasing a motorhome is a big investment, and it can take years to save up to buy one outright, but thanks to the motorhome finance options available, you no longer need to wait to get the motorhome you want. 

Motorhome finance

Motorhomes and recreational vehicles (RVs) have become increasingly popular as more and more people are turning towards road trips as the holiday of choice. And now you can purchase your dream motorhome through finance. 

Before looking at motorhomes, it’s a good idea to first determine your budget and consider what type of motorhome you’re after. The type of motorhome you choose will impact your loan amount, and you can get finance for a range of motorhomes and RVs, whether new or used.  

A finance calculator is a useful tool to work out what fits within your budget, giving you an idea of what your loan costs, interest rates and repayments may look like. 

With the right finance you can buy the motorhome you want, and then pay it off over a set loan term. Your repayment frequency can be set as weekly, fortnightly or monthly, depending on what best suits your needs.  

RV & Motorhome finance

You want to ensure you get the right motorhome for you, as well as the right loan. At times, finance can seem overwhelming, so to make the process easier get a finance specialist on your side. 

Speak with a finance specialist to work out your specific motorhome finance needs. You want someone who understands the various finance options for motorhomes, and who can find the right finance solution for your lifestyle and budget. 

360 Finance will help you get a great deal on your RV and motorhome loans and find a solution tailored to you. We find and compare motorhome loan options that best suit your needs and budget, with flexible 1-7 year terms available.

If you’re dreaming of owning your own motorhome, 360 Finance can help make it happen with the best rates on motorhome loans. 

Motorhome Finance options:

Lower rates • Higher borrowing limits • 1-7 year terms

A Secured Motorhome Loan is finance provided for the specific purpose of purchasing a new, near new or used motorhome or recreational vehicle (RV). Secured Motorhome Loans offer the most competitive rates and repayments compared to other loan types by using the motorhome/rv as security for the loan. With the motorhome as security, our panel of lenders can offer you lower interest rates as their risk is lowered in the unlikely event of default of the loan. Secured Motorhome finance is a great option is you are wanting to buy a motorhome/rv within a set monthly repayment budget.

Speak to a Finance Specialists to determine the most suitable loan option for you.

Greater flexibility • Ideal for older Motorhomes • 1-7 year terms

An Unsecured Motorhome Loan is finance that can be provided to purchase a new, near new or used motorhome or recreational vehicle (rv) without the asset being held as security in the unlikely event of payment default. Also known as a Personal Loan, Unsecured Motorhome Loans offer a greater level of flexibility than other loan types, however as the lenders risk is slightly higher by not having any security over the loan, interest rates offered can be a little higher. Unsecured Motorhome finance is ideal for purchasing older, niche or unique assets or if you simply want the freedom to sell your asset down the track without impacting on your finance arrangements.

Speak to a Finance Specialists to determine the most suitable loan option for you.

Competitive
We have access to some of the lowest industry rates allowing us to be highly competitive and find your best rate finance.
Easy
We do the running around for you in comparing finance options and rates from over 60 lenders.
Fast approvals
We work hard to get your loan approved fast. Same day approvals are available - ask us how!
Flexible terms
We find and compare loan options that best suits your needs and budget with flexible 1-7 year terms available.

What Our Clients Say

mark rollasonmark rollason
05:02 15 Jul 24
Great help and understanding from Kathy Brain hope you have more employees like her . And if any one needs a loan I'll send them to her. Thank you 😊
WhiptronWhiptron
02:51 15 Jul 24
Had a really great experience with Brock.Was very quick to get loan sorted and he made the process very easy
Gordon BrownGordon Brown
05:50 12 Jul 24
Kathy was absolutely fantastic and so helpful. I would highly recommend with no hesitation .
James DuttonJames Dutton
02:54 12 Jul 24
Wow!!! What a team. Special Praise to Scott though. He made the whole transaction seamless and his empathy towards getting me the best rate was nothing short of exceptional.Give them a go!!! You will not be disappointed.
anne whealinganne whealing
05:01 11 Jul 24
Will was wonderful. Made the process of getting loan easy. Kept myself and seller in the loop. This is my second finance with 360.It took the stress away and made the process simple. It nice to share a laugh with my bean counter also. Thanks again Will!
Eleanora MesinzovaEleanora Mesinzova
00:32 10 Jul 24
From start to finish Kathy has been an absolute super start. Her friendly demeanour, hard working ethic and her above and beyond approach made a first time experience such a positive one. I cannot sing praises for her enough. Kathy made the whole process smooth and easy for me as a first time loan applicant and car buyer. She has a great knowledge of the industry and did not hesitate to answer my questions or reassure me when there was unease. I wish I could give more stars. Thank you so much for all your hard work and efforts, truly,from one appreciative customer.
Fiona ShannonFiona Shannon
02:43 06 Jul 24
This was our second time using 360 finance for a new car purchase. Kathy made it an easy process and kept us updated along the way. She took the time to understand our needs and met our budget requirements. We would definitely recommend 360 Finance!
Margaret WattsMargaret Watts
02:19 05 Jul 24
I was fortunate to have Alex help me, he was fantastic, he was very helpful, and patient, he explained and guided me step by step through the whole process of applying for loan. Alex was approachable,, friendly, and respectful, he was always in contact. I am so very grateful for all that Alex did for me. I would highly recommend him to anyone for his financial advice and experience.
Neville MansonNeville Manson
05:08 03 Apr 24
This is the 4th car loan where l have contacted Brock @360 finance.Brock is Awsome great communicator, friendly, professional & very helpful.I would highly recommend Brock if you are in need of a loan.NevillePortland Vic
mark armitagemark armitage
22:34 02 Apr 24
Swift communication, easy online process and very responses service provided by Killian would highly recommended them forAll financial requirements
Elisabeth Fekonia - Permaculture RealfoodElisabeth Fekonia - Permaculture Realfood
05:07 02 Apr 24
Easy to contact and get great service from Brock
M RM R
06:36 31 Mar 24
I gave up on Banks when they wanted your life story 360 Finance made it possible to buy my 4x4 plus dream caravan all under budget just be honest William the man found great deals for me he knew what I wanted and back me 150% he's your PA man! Onto it man! True story while I was out bush no signal he just cover all basic like finding the lowest interests insurance unbelievable price his services & patience is on point absolutely brilliant Thank you William
Connor WelshConnor Welsh
21:01 28 Mar 24
William was extremely helpful throughout the whole process
Precision PrecastPrecision Precast
00:11 28 Mar 24
Kathy from 360 Finance has made the experience of getting finance for my truck for my bussiness the most simple and carefree experience i have ever had. she was extremely professional and handled every situation from our first conversation till the very end. I highly recommend her if finance is what u are after.Thank you for all your hard work Kathy
Tracey WatsonTracey Watson
06:08 25 Mar 24
Dealing with William has been an absolute pleasure. He talked me through every single step, making sure I understood completely. As a result, he was able to get me a loan and insurance in just a few short days. I would 100% go back to him in the future. Can’t wait to pick up my new Nissan X-Trail.
Leah HarrisLeah Harris
21:14 22 Mar 24
Ben was so fantastic through the whole process. Just when I thought about giving up on getting a car he made my new car dreams come true!His communication was clear and was available for any questions I had at times that suited me. The process of buying the car was so quick. He settled my car purchase In only a couple of hours.I cannot recommend him enough.
Claudia KargboClaudia Kargbo
07:32 21 Mar 24
Kathy you are amazing 🤩!This was the most smoothest process I have ever gone through. Kathy was attentive and kept updating me through out The whole procedure. I had so much confidence knowing she was looking for the best deal possible for me.360 finance were easy to get in touch with, I didn’t have to wait days for an outcome or stay on hold for hours to talk to finance broker. I would highly recommend 360 Finance if you’re looking for a reliable, fast and genuine finance broker.Thank you so much Kathy and 360 finance.Best service ever 😊
Zoe YearkZoe Yeark
04:42 12 Mar 24
Killian has helped me get out of my old beat up car into my brand new car, he was easy to talk to, communicated with us every step of the way, he made the process easy for us from start to finish. Thank you Killian, I will be definitely recommending you to anyone I know looking for their dream car.
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Motorhome Loan FAQ's

What are the benefits of a Motorhome Loan?

One of the major benefits of a motorhome loan is the ability to purchase a motorhome or recreational vehicle immediately and pay it off over time.

With a motorhome loan you could get into your dream motorhome that you may otherwise not be able to afford with just your savings alone.

Like any lending product, if you correctly manage your loan and repay it on time – consistently, it can have a positive impact on your future loan requirements by showing the leaders that you are a lower risk and reliable customer.

A motorhome loan may also assist in building up a positive Credit Profile and Credit Score. Maintaining a good Credit Profile, can be of great benefit when it comes to purchasing other assets such as a car, home, boat or even equipment.

How do Motorhome Loans work?

A motorhome loan is a type of loan used for the specific purpose of buying a new or used motorhome. (often referred to as a “secured motorhome loan”).

When you take out a motorhome loan, you borrow an agreed amount of money (loan amount) from a financier (lender) for a set period of time (loan term) that you agree to repay in weekly, fortnightly or monthly repayments.

Loan repayments are calculated based on paying back the amount borrowed, interest payable on the loan and any fees charged for setting up the loan. The interest rate you pay is largely determined by the lender based and on a number of factors such as the age and value of the motorhome you are buying, the lenders specific criteria; and your credit profile/credit score.

Motorhome Finance is generally available as either a secured loan or an unsecured loan. This will depend on if you agree to use the motorhome as security on the loan (which is a very common arrangement).

If you do put your motorhome up as security on the loan, it reduces the risk to the lender in the event you are unable to meet your repayments or financial commitments of the loan. This reduced risk to the lender often means they can offer a lower interest rate or more favourable terms. Generally, a secured loan is only available up to the value of the motorhome.

An Unsecured Motorhome Loan however, does not use the motorhome as security, and therefore the risk to the lender is greater and the interest rate often is higher.

What is the maximum or minimum I can borrow?

There is no ‘set-in-stone’ limit for how much you can borrow with a motorhome loan. Each financier (or lender) has different minimum and maximum loan amounts, but mostly the limit is determined on a case-by-case basis depending on your choice of motorhome, the type of loan and your personal financial circumstances.

As a general guide, many Australian lenders have a minimum borrowing amount of $5,000 or $10,000.

In some cases, you may not be able to borrow the full amount of the motorhomes purchase price, but will be required to provide a portion of the motorhome price via a deposit (or down payment). For Secured Motorhome Loans, you generally cannot borrow more than the total value of the asset used as security on the loan.

How do I take out Motorhome Finance?

The first stage of the motorhome loan process is to find out how much you can borrow, what you can afford and if this amount is enough to purchase your dream motorhome. An online Motorhome Finance Calculator can give you a quick idea of what your motorhome loan repayments might be; or how much you may be able to borrow based on your weekly budget.

The next step is to contact a Finance Specialist who will quickly assess your basic information and financial circumstances before guiding you through the loan process to receive finance pre-approval.

Once you are happy with the proposed loan structure (term, amount, interest rate etc) your application will be submitted to the selected leader for Settlement of the Loan. When the loan ‘Settles’ the money will be transferred to the motorhome seller (private or dealership) and the motorhome is yours and away you go!

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