1300 361 360

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

Neville Manson
Neville Manson
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. Neville Portland Vic
mark armitage
mark armitage
Swift communication, easy online process and very responses service provided by Killian would highly recommended them for All financial requirements
Elisabeth Fekonia - Permaculture Realfood
Elisabeth Fekonia - Permaculture Realfood
Easy to contact and get great service from Brock
M R
M R
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 Welsh
Connor Welsh
William was extremely helpful throughout the whole process
F Gagliardo
F Gagliardo
We had a great experience , Liam was very professional freindly and extremely understanding in preparing all our correspondence documentation. We would definitely recommend all our friends and family to Liam .
Greg Wood
Greg Wood
Kevin from 360 Finance was so helpful and went above and beyond to ensure our loan application went through with minimal fuss. There is always a redtape hiccup when loans are being requested but Kevin did all the hard work to make our experience stress free.
David blythe
David blythe
Liam from 360 Finance was helpful and informative through the whole process. The loan process went easy with the short time frame that was required.
Afghan Updates
Afghan Updates
360 finance is the best option to choose for finance a car i really recommend it
Austin Witt
Austin Witt
Can't thank Killian enough! he was so helpful and made the process so easy for me! Thank you Killian!
Google rating score: 4.7 of 5, based on 587 reviews

Calculators

Calculators and rates

At today's lowest caravan finance rate of 6.55%
(Comparison rate 7.77%) you'll pay approximately...

$ per *

At today's lowest caravan finance rate of 6.55%
(Comparison rate 7.77%) you can borrow approximately...

$*

Protect against the unexpected

SAVE UP TO 20% OFFInsurances and Warranty

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!

Useful articles

How to save on your car loan

If you’ve applied for a 360 Finance car loan, you may want to find ways you can save on the total costs in the long term, or... Read More.
How much should you save for a car loan deposit?

With numerous costs and fees involved with a car loan, you may be wondering whether you need a deposit, and how much that deposit should be ... Read More.
6 ways to lower your debt

If you’re planning on buying a new car, something you should first consider is your existing debt  When getting a car... Read More.
10 commandments of building an emergency fund

When it comes to financing, you want to feel secure enough that if something unexpected crops up, you have the money to deal with it, without taking... Read More.
How does car loan interest work?

When taking out a car loan, as well as making regular repayments to pay off the loan amount, you also need to pay interest on the... Read More.
Everything you need to know about business car loans

If you’re looking to invest in vehicles for your business, there are numerous options for business car loans These include a chattel mortgage, hire purchase, lease,... Read More.
An easy-to-understand guide to novated leasing

When buying a vehicle, there are several financing options to help you afford the vehicle you need Car loans can be a good... Read More.
5 things to know about car loans before applying

Car loans can be a great option for people who need help buying the car they need It offers a more affordable way of purchasing a vehicle... Read More.
Top 10 caravan gadgets and upgrades

With international trips on hold for a while, there has never been a better time to explore our backyard  Australia is well known for... Read More.
What is a car loan comparison rate?

There can be numerous rates involved with a car loan, and it’s important to know what each of them cover, to ensure you can get the... Read More.
Calculating your car loan repayments

360 Finance Calculating your car loan repayments For those who don’t have the necessary finances to buy a car outright, car... Read More.
How to get the best interest rate for car finance

With any type of financing, you want to ensure you get the best possible deal Finding a car loan with a lower interest rate is no... Read More.
How to get a personal loan if I have a bad credit score

If you’ve missed payments on your credit card, bills, mortgage or any other type of debt, you may have a bad credit score  A... Read More.
Understanding your car loan repayments

Car loans are a great option for those wanting to buy a vehicle but unable to afford one without financial assistance  Applying for a... Read More.
Instant asset write-off

The recently released Federal Budget has provided much-needed relief to Australian businesses with an extension to the Instant Asset Write Off Scheme As revealed... Read More.
Financial ABC’s of Coping with COVID-19

360 Finance is committed to being the finance & insurance specialists you know and trust  We’ve been there for our customers through some of... Read More.
Our Women

What does International Women’s Day mean to you? For some, it means celebrating the achievements of women and the progress that has been made to reduce... Read More.
Your Roadmap to Financial Freedom

Imagine living how you want to without worrying about the financial expense Imagine having enough money to fund the lifestyle you desire Imagine being able to live... Read More.
How to Achieve Your Financial Goals This New Year

The start of the new year is relished by most of us because it’s the perfect opportunity to set some New Year’s Resolutions It’s the time to... Read More.
5 Steps To Take Before Applying For Finance

Taking out a loan for a car can seem like a daunting task You’re probably wondering what steps to take before applying for finance, so that you can purchase ... Read More.

Some of our lenders and insurers: