Get Instant RV Loan Financing Quote Save Thousands
Real-World Examples and Statistics
According to the RV Industry Association, RV shipments reached 600,240 units in 2021, reflecting the growing popularity of RV travel1. With this surge, the demand for RV financing has also increased. Interest rates for RV loans typically range from 4% to 10%, depending on the factors mentioned earlier2.
For instance, if you finance a $50,000 RV with a 6% interest rate over 15 years, your monthly payment would be approximately $421. By shopping around and securing a 5% rate, you could reduce your monthly payment to $395, saving you nearly $4,680 over the life of the loan3.