Handy Finance Caravan Loan Calculator

Our caravan loan calculators can provide you with an estimate of what your repayments will look like, depending on the information you input. It should only be considered a guide rather than confirmation of the loan terms you’ll secure when you officially apply for your loan. For a personalised quote, consider filling out an application form.

The final interest rate for any caravan loan you take out will be influenced by information that our credit experts can use to create a complete picture of your financial situation. This can include factors such as your credit score, employment status and living situation. We aim to offer competitive, fixed interest rates on all our loans.

Several different factors can affect how quickly your caravan depreciates. It may depend on the model you choose to buy and its reputation in the market. It may also depend on how well you maintain the caravan once you own it – caravans that are regularly checked and well-maintained could depreciate slower. For more information about this, you may need to speak to an authorised caravan seller.

Caravan loans are loans specifically designed for purchasing a caravan. With a caravan loan, you could avoid the financial stress of a large upfront payment. Your loan can take care of this, and all you have to focus on is making your weekly, monthly or fortnightly repayments – as well as enjoying your caravan! 

We offer secured caravan loans from $2,001 to $100,000 with a fixed interest rate. A secured fixed rate caravan loan means that the caravan you purchase will act as collateral, and the interest rate applied will stay the same throughout the loan term. This means your weekly, fortnightly or monthly repayments will stay the same throughout the lifetime of the loan, so you can budget accordingly. Interest rate offers and loan terms (between one and seven years) will always be tailored to your financial situation.

There are a few key factors to consider before taking out a caravan loan:

• What will the interest rate be? When searching for a loan, its often smart to find one with the most competitive interest rates – it can make all the difference to your final repayments. We tailor the interest rate offer to your financial circumstances, with competitive, fixed interest rates on our caravan loans.

• Are there any extra fees? Some lenders have fees that are applied to the loan repayment after terms and interest rates have been locked in. This could be things like early repayment fees or account-keeping costs. With Handy Finance loans, we have no early repayment or early exit fees, as well as no monthly account fees.
• What are the loan terms? Our loans come with terms ranging from one to seven years – our credit team tailor this loan term offered to your financial needs, so you can have a term that fits your goals. You can also choose your repayment options – pay in weekly, fortnightly or monthly instalments.

You need to supply documents that prove you meet the eligibility criteria for a caravan loan. This includes some form of identification (passport or driver’s licence) and proof of income (bank statements). You may also need to provide information about the caravan you want to purchase to our credit experts when assessing your application.

We know timely access to funds can make all the difference in securing the right new or secondhand caravan for you. Once you’ve submitted your application online, our credit team prioritises having an indicative decision out to you within minutes. After the loan is approved, the funds can be settled within 24 hours.

You can! Our caravan loans can be used to purchase second-hand and brand-new caravans. A quality second-hand caravan can be a great option if you’re new to the world of caravaning, or have a smaller potential budget for the purchase. It’s often wise to buy through a reputable second-hand dealer to ensure you’re getting a used caravan in top shape.