Are you shopping for an RV, Camper, or Travel Trailer and wondering, "What are current RV loan rates today?" You've come to the right place. We track national average RV financing rates to help you know exactly what to expect before you step into the dealership or apply at a bank.
Average RV Loan Interest Rates by Credit Score
As with most financing, your credit profile is the #1 factor in determining your rate. Below are the current average rates for a standard 10-year term on a new RV purchase.
| Credit Tier | FICO Score Range | Est. New RV Rate | Est. Used RV Rate |
|---|---|---|---|
| Excellent | 760+ | 6.49% – 7.25% | 6.99% – 7.75% |
| Good | 700 – 759 | 7.50% – 8.75% | 7.99% – 9.50% |
| Fair | 660 – 699 | 9.00% – 11.50% | 9.99% – 12.50% |
| Poor / Subprime | Below 660 | 12.00% – 18.00%+ | 14.00% – 20.00%+ |
*Rates are estimates based on national averages. Actual rates vary by lender, term length, and loan amount.
How Loan Terms Affect Your Rate
The length of your loan (the "term") also significantly impacts the interest rate you are offered. Shorter terms expose the lender to less risk over time, and therefore usually carry lower APRs.
- 5 - 10 Year Terms: Best rates available. Typically reserved for loans under $50,000.
- 12 - 15 Year Terms: Mid-tier rates. Common for standard motorhomes and large travel trailers. Expect rates to be 0.25% to 0.50% higher.
- 20 Year Terms: Highest rates. Usually reserved for high-dollar luxury RVs ($100k+). Expect a 0.50% to 1.00% rate premium over shorter terms.
New vs. Used RV Loan Rates
Lenders view new RVs as safer collateral. If you default on the loan, a newer RV has a more predictable resale value. Because of this, financing a used travel trailer or motorhome typically adds a 0.50% to 2.00% markup to the base interest rate compared to buying new.
Current Trends in Camper & Travel Trailer Financing
In 2026, we are seeing competitive rates from specialized RV lenders and credit unions compared to standard big-box banks. Dealerships often partner with these specialized lenders, but we strongly advise getting pre-approved externally before walking into a dealership. This ensures you have leverage when negotiating the dealer's finance terms.
How to Calculate Your Payment
Once you know your credit score and the average rate you might qualify for, enter that rate into our calculator to see your true monthly payment. Remember to factor in your trade-in and sales tax!