Motorhome Loans

With NOW Finance, you can borrow between $5,000 and $150,000 for a motorhome loan. The amount you’re approved for depends on factors such as your income, credit history, and the motorhome you want to buy. We provide flexible loan options for both new and used motorhomes, with repayment plans tailored to your budget and financial goals.

NOW Finance offers flexible loan terms ranging from 18 months (1.5 years) to 7 years (84 months). You can choose a term that suits your budget and goals. There are no fees for extra repayments or early payout, so you can pay off your loan faster and save on interest if you choose. You can use the NOW Finance Repayment Calculator to explore different term lengths and find the best option for your budget and goals.

Yes, you can get a motorhome loan for a second-hand or used motorhome. Loan terms may vary depending on the motorhome’s age, condition, and value, as we’ll assess these factors when determining eligibility. A used motorhome loan works the same way as a new motorhome loan, you borrow a set amount with a fixed interest rate and make regular repayments until the loan is fully repaid.

Yes, you may be able to refinance an existing motorhome loan to a new NOW Finance loan to better suit your current financial situation. Refinancing involves replacing your existing motorhome loan with a new one, which could offer lower interest rates, different repayment terms, or the option to access additional funds. You might consider refinancing if your credit score has improved, your income has increased, or market interest rates have dropped. Please note that refinancing involves a new credit assessment and credit check, and eligibility depends on your existing loan balance and our lending criteria. Make sure to review your personal circumstances and the loan terms to ensure refinancing is suitable for you.

A motorhome loan from NOW Finance is designed to help you purchase a new or used motorhome without paying the full cost upfront. You borrow a set amount and repay it through fixed monthly instalments over a chosen term, which includes the interest rate and any applicable fees. With a motorhome loan, you could get your motorhome sooner while spreading the cost over time. NOW Finance offers motorhome loan amounts from $5,000 to $150,000, flexible repayment terms and no ongoing fees, making it easier to find an option that suits your budget.

Yes, you can get a motorhome loan for a converted bus or RV. Loan terms may vary depending on the motorhome’s age, condition, and value, as we’ll assess these factors when determining eligibility.

With NOW Finance, you typically don’t need a deposit to get a motorhome loan. You can borrow the full amount needed to purchase your new or used motorhome, depending on your income, credit history, and overall financial situation. However, making a deposit can reduce the total amount borrowed, lower your repayments, and help you pay off the loan sooner.