Caravan Loans with Money Matchmaker™

Find, compare, apply.

Find the right caravan loan. Compare real offers from 11 lenders in 60 seconds. Apply with confidence.

“Super quick, I got lots of offers. All I had to do was choose which one! I went with Wisr because they were the cheapest. Thanks” - Angela

Getting a caravan loan

A caravan loan is similar to getting a car loan, which can mean;

  • Lower, fixed rates
  • Flexible terms and repayment options
  • No deposit required
  • Simple and quick approvals

What should I look for when comparing options?

Always shop around and compare multiple options before committing to a loan.

There are a few things you’ll want to look at:

  • Borrowing amount- the amount of money you can get approved for
  • Interest rates - the standard, ongoing charge for borrowing money
  • Loan terms - how long you can borrow the money for. A longer term means cheaper repayments but more overall interest.
  • Fees - the most common cost that can be avoided!

While we’re talking about fees, there are four types you should be aware of. Some of these are one-off fees, while others may cause ongoing costs or complications down the line!

Caravan loan fees include:

  • Upfront costs - establishment fees and application fees
  • Ongoing fees - annual fees and monthly fees
  • Late payment fees - charged if you miss a payment
  • Extra repayment fees - charged if you make early repayments to reduce the amount of interest payable on the principal amount.

What lenders are looking for

Lenders love boring, or should we say, consistency!

They love it if you've had the same job forever and have been at the same house since you first left home.

Here's an example of how your employment history can influence your approval.

employment history applicant

How lenders view credit history

Here is how your credit history can influence your ability to be approved.

credit history applicant

Find the best deal on caravan loans

FIND YOUR LOAN

Am I eligible?

You can apply for a caravan loan in Australia if you are:

  • Over the age of 18; and
  • An Australian citizen or permanent resident; and
  • Employed or have a regular source of income over $25,000 per year

If you meet the basic eligibility for a caravan loan, you will then need to compare lenders and assess their individual approval criteria.

What documents will I need to provide?

The most important factor when gaining approval is to demonstrate your ability to meet the repayment schedule over the term of the loan.

You'll need to supply;

  • Proof of identity — e.g. passport or driver licence
  • Proof of income — e.g. payslips, bank statements
  • Details of any current debts or other loans

You will need to provide personal identification and financial documents (usually your bank statements or recent payslips), as lenders will need to assess your financial stability and determine if you can service the loan amount.

Find a Caravan Loan with Money Matchmaker

Shop around before you buy

Just like you shop around for your caravan, be sure to do the same with the finance, you’ll have a better chance of negotiating if you know:

  • Exactly how much you can spend
  • The best interest rate you can get
  • How much your repayments will be

Meet your Potential Caravan Loan matches

Meet Plenti
  • No Early Repayment Fees
  • No Monthly Fees
  • Get Funds 24 Hours From Approval
Meet Wisr
  • Same day decisioning
  • No admin, early repayment or "risk" fees
  • Support from real people
Meet Fair Go
  • Build your credit score by making timely repayments
  • Once approved, loans are funded in minutes
  • Flexible repayments; weekly, fortnightly, monthly options
Meet Society One
  • No ongoing fees
  • No monthly fees
  • No Deposit Required
Meet Jacaranda
  • Apply in under 8 minutes
  • Once approved, cash transferred in 60 seconds
  • No early termination fees
Meet Money3
  • Pay your loan out early with no fees
  • Increase regular payments to suit your situation
  • Make extra repayments at any time
Meet Now Finance
  • Get a guaranteed, personalised rate in 2 minutes
  • Apply online in under 10 minutes
  • Weekly and fortnightly repayments
Meet Alex
  • $0 establishment fee: offer expires 3NOV21
  • $0 ongoing fees, early repayment fees, exit fees
  • Multi Award winning and 100% digital

Here are the most popular questions people are asking about caravan, motorhome, camper trailer, RV loans

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Can I get my caravan, motorhome, or RV loan pre-approved?

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Yes, most lenders offer pre-approval for vehicle loans. Pre-approval is usually valid for one to three months so you’ll have plenty of time to find a caravan, motorhome or RV.

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What if I have bad credit?

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You may be able to get a caravan, motorhome, RV loan if you have bad credit but you may be charged higher interest rates.

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Can I buy a caravan from a private seller using a loan?

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Yes you certainly can. We all know you’ll get a better deal on the price, just make sure you get the caravan fully checked out by an independent party.

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How much can I borrow?

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Typically you can borrow up to $75,000. The average is around $35,000.

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What is the loan term?

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Loan terms range from 1-7 years. Longer terms will reduce your committed repayments. Find a lender who allows you to make extra repayments and pay your loan out early with no fees.

The benefits of using Money Matchmaker™ to find your Caravan Loan

1
Money Matchmaker saves you time looking for your loan
Save Time

Get matched with real loan offers from up to 11 lenders, all at once.

2
Money Matchmaker stops you overpaying on your loans
Don't Overpay

We show you the best interest rates and repayments from each lender you match with

3
Money Matchmaker shows you personal loan rates unique to you
It's Personal

The rates are based on who you are and where you are at in life

4
Money Matchmaker puts you in control of your loan choices
You're in Control

No obligations, just the facts, make an informed choice

5
Money Matchmaker is 100% free to use
100% free

There are no middlemen, marked up pricing or broker fees. (We get paid by the lender)

Get matched with your perfect caravan loan

FIND YOUR LOAN

How Money Matchmaker™ works

Just like when you use a dating app or go to a broker, we use your answers to show you real lenders, real rates and actual repayments across all our lenders that you’re eligible for; without any broker fees or marked up interest rates.

  • You tell us about you and we scan your profile through our Money Matchmaker ™ engine.
  • We give you all the results that you match with, without any advertising or promoted offers, these are the real rates and fees, just like you’d receive when applying directly with a lender.
  • You can then choose the lender you wish to match with.

The right caravan loan can save you $1,000s

FIND YOUR CAR LOAN

Address

Money Pty Ltd,
Suite 3, Level 2,
1 Taylor Street,
Moorabbin, VIC, 3189 Australia

Company

Money Pty Ltd trading as Money
ABN: 42 626 094 773
ACL: 528698
AFCA: 83955

© Copyright 2021 Money Ltd.



Disclaimer

Money Pty Ltd (trading as Money.com.au) provides information about credit products and is authorised to do so as the holder of Australian Credit Licence 528698. Money.com.au does not compare every Lender in Australia. We are not a broker or credit provider and when we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. When you apply for a credit product via the Money.com.au website, you are not applying with us, you are applying directly with a Lender Partner. Before entering into any credit product from one of our Lender Partners, you should confirm the rates and product information with the Lender. All information on this website is general advice only and does not take into account your objectives, financial situation or needs. You should consider whether this advice is right for you and we encourage you to seek independent financial advice.