Travel Trailer Loan Calculator
Travel trailers are the most popular RV type in the United States, accounting for nearly half of all RV sales. They range from compact 16-foot models under $15,000 to large multi-slide floorplans over $60,000. Because they are bumper-pull towables, many buyers can tow them with a half-ton truck or SUV they already own, keeping the total entry cost lower than motorized RV options.
Financing a travel trailer is straightforward, but loan terms and rates vary based on the amount borrowed. Units under $25,000 may be treated as personal property loans with shorter terms (5-10 years) and slightly higher rates. Above $25,000, most lenders offer standard RV loan terms of 10 to 20 years, though 10- to 15-year terms are the most common for this price range.
The defaults below are set for a mid-range new travel trailer - $35,000 price, $5,000 down, 7.5% APR, and a 12-year term. Change the numbers to match your situation and see your estimated payment.
Your Estimated Payment
| Line Item | Amount |
|---|---|
| RV Price | $35,000 |
| Down Payment | −$5,000 |
| Loan Amount | $30,000 |
12 years at 7.5% APR
View Amortization Schedule (144 months)
| # | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $317 | $129 | $188 | $29,871 |
| 2 | $317 | $130 | $187 | $29,741 |
| 3 | $317 | $131 | $186 | $29,610 |
| 4 | $317 | $132 | $185 | $29,479 |
| 5 | $317 | $132 | $184 | $29,347 |
| 6 | $317 | $133 | $183 | $29,213 |
| 7 | $317 | $134 | $183 | $29,079 |
| 8 | $317 | $135 | $182 | $28,945 |
| 9 | $317 | $136 | $181 | $28,809 |
| 10 | $317 | $137 | $180 | $28,672 |
| 11 | $317 | $137 | $179 | $28,535 |
| 12 | $317 | $138 | $178 | $28,397 |
| 13 | $317 | $139 | $177 | $28,258 |
| 14 | $317 | $140 | $177 | $28,118 |
| 15 | $317 | $141 | $176 | $27,977 |
| 16 | $317 | $142 | $175 | $27,835 |
| 17 | $317 | $143 | $174 | $27,693 |
| 18 | $317 | $143 | $173 | $27,549 |
| 19 | $317 | $144 | $172 | $27,405 |
| 20 | $317 | $145 | $171 | $27,259 |
| 21 | $317 | $146 | $170 | $27,113 |
| 22 | $317 | $147 | $169 | $26,966 |
| 23 | $317 | $148 | $169 | $26,818 |
| 24 | $317 | $149 | $168 | $26,669 |
| 25 | $317 | $150 | $167 | $26,519 |
| 26 | $317 | $151 | $166 | $26,368 |
| 27 | $317 | $152 | $165 | $26,217 |
| 28 | $317 | $153 | $164 | $26,064 |
| 29 | $317 | $154 | $163 | $25,910 |
| 30 | $317 | $155 | $162 | $25,756 |
| 31 | $317 | $156 | $161 | $25,600 |
| 32 | $317 | $157 | $160 | $25,444 |
| 33 | $317 | $158 | $159 | $25,286 |
| 34 | $317 | $159 | $158 | $25,127 |
| 35 | $317 | $160 | $157 | $24,968 |
| 36 | $317 | $161 | $156 | $24,807 |
| 37 | $317 | $162 | $155 | $24,646 |
| 38 | $317 | $163 | $154 | $24,483 |
| 39 | $317 | $164 | $153 | $24,320 |
| 40 | $317 | $165 | $152 | $24,155 |
| 41 | $317 | $166 | $151 | $23,990 |
| 42 | $317 | $167 | $150 | $23,823 |
| 43 | $317 | $168 | $149 | $23,655 |
| 44 | $317 | $169 | $148 | $23,487 |
| 45 | $317 | $170 | $147 | $23,317 |
| 46 | $317 | $171 | $146 | $23,146 |
| 47 | $317 | $172 | $145 | $22,974 |
| 48 | $317 | $173 | $144 | $22,801 |
| 49 | $317 | $174 | $143 | $22,627 |
| 50 | $317 | $175 | $141 | $22,452 |
| 51 | $317 | $176 | $140 | $22,276 |
| 52 | $317 | $177 | $139 | $22,098 |
| 53 | $317 | $178 | $138 | $21,920 |
| 54 | $317 | $180 | $137 | $21,740 |
| 55 | $317 | $181 | $136 | $21,560 |
| 56 | $317 | $182 | $135 | $21,378 |
| 57 | $317 | $183 | $134 | $21,195 |
| 58 | $317 | $184 | $132 | $21,011 |
| 59 | $317 | $185 | $131 | $20,825 |
| 60 | $317 | $186 | $130 | $20,639 |
| 61 | $317 | $188 | $129 | $20,452 |
| 62 | $317 | $189 | $128 | $20,263 |
| 63 | $317 | $190 | $127 | $20,073 |
| 64 | $317 | $191 | $125 | $19,882 |
| 65 | $317 | $192 | $124 | $19,689 |
| 66 | $317 | $194 | $123 | $19,496 |
| 67 | $317 | $195 | $122 | $19,301 |
| 68 | $317 | $196 | $121 | $19,105 |
| 69 | $317 | $197 | $119 | $18,908 |
| 70 | $317 | $198 | $118 | $18,710 |
| 71 | $317 | $200 | $117 | $18,510 |
| 72 | $317 | $201 | $116 | $18,309 |
| 73 | $317 | $202 | $114 | $18,107 |
| 74 | $317 | $203 | $113 | $17,904 |
| 75 | $317 | $205 | $112 | $17,699 |
| 76 | $317 | $206 | $111 | $17,493 |
| 77 | $317 | $207 | $109 | $17,286 |
| 78 | $317 | $209 | $108 | $17,077 |
| 79 | $317 | $210 | $107 | $16,867 |
| 80 | $317 | $211 | $105 | $16,656 |
| 81 | $317 | $212 | $104 | $16,444 |
| 82 | $317 | $214 | $103 | $16,230 |
| 83 | $317 | $215 | $101 | $16,015 |
| 84 | $317 | $216 | $100 | $15,798 |
| 85 | $317 | $218 | $99 | $15,581 |
| 86 | $317 | $219 | $97 | $15,361 |
| 87 | $317 | $221 | $96 | $15,141 |
| 88 | $317 | $222 | $95 | $14,919 |
| 89 | $317 | $223 | $93 | $14,696 |
| 90 | $317 | $225 | $92 | $14,471 |
| 91 | $317 | $226 | $90 | $14,245 |
| 92 | $317 | $228 | $89 | $14,017 |
| 93 | $317 | $229 | $88 | $13,788 |
| 94 | $317 | $230 | $86 | $13,558 |
| 95 | $317 | $232 | $85 | $13,326 |
| 96 | $317 | $233 | $83 | $13,093 |
| 97 | $317 | $235 | $82 | $12,858 |
| 98 | $317 | $236 | $80 | $12,622 |
| 99 | $317 | $238 | $79 | $12,384 |
| 100 | $317 | $239 | $77 | $12,145 |
| 101 | $317 | $241 | $76 | $11,904 |
| 102 | $317 | $242 | $74 | $11,662 |
| 103 | $317 | $244 | $73 | $11,418 |
| 104 | $317 | $245 | $71 | $11,173 |
| 105 | $317 | $247 | $70 | $10,926 |
| 106 | $317 | $248 | $68 | $10,678 |
| 107 | $317 | $250 | $67 | $10,428 |
| 108 | $317 | $251 | $65 | $10,177 |
| 109 | $317 | $253 | $64 | $9,924 |
| 110 | $317 | $255 | $62 | $9,669 |
| 111 | $317 | $256 | $60 | $9,413 |
| 112 | $317 | $258 | $59 | $9,156 |
| 113 | $317 | $259 | $57 | $8,896 |
| 114 | $317 | $261 | $56 | $8,635 |
| 115 | $317 | $263 | $54 | $8,373 |
| 116 | $317 | $264 | $52 | $8,108 |
| 117 | $317 | $266 | $51 | $7,843 |
| 118 | $317 | $268 | $49 | $7,575 |
| 119 | $317 | $269 | $47 | $7,306 |
| 120 | $317 | $271 | $46 | $7,035 |
| 121 | $317 | $273 | $44 | $6,762 |
| 122 | $317 | $274 | $42 | $6,488 |
| 123 | $317 | $276 | $41 | $6,212 |
| 124 | $317 | $278 | $39 | $5,934 |
| 125 | $317 | $279 | $37 | $5,655 |
| 126 | $317 | $281 | $35 | $5,374 |
| 127 | $317 | $283 | $34 | $5,091 |
| 128 | $317 | $285 | $32 | $4,806 |
| 129 | $317 | $287 | $30 | $4,519 |
| 130 | $317 | $288 | $28 | $4,231 |
| 131 | $317 | $290 | $26 | $3,941 |
| 132 | $317 | $292 | $25 | $3,649 |
| 133 | $317 | $294 | $23 | $3,355 |
| 134 | $317 | $296 | $21 | $3,060 |
| 135 | $317 | $297 | $19 | $2,762 |
| 136 | $317 | $299 | $17 | $2,463 |
| 137 | $317 | $301 | $15 | $2,162 |
| 138 | $317 | $303 | $14 | $1,859 |
| 139 | $317 | $305 | $12 | $1,554 |
| 140 | $317 | $307 | $10 | $1,247 |
| 141 | $317 | $309 | $8 | $938 |
| 142 | $317 | $311 | $6 | $627 |
| 143 | $317 | $313 | $4 | $315 |
| 144 | $317 | $315 | $2 | $0 |
Example: New Travel Trailer Under $40,000
- RV Price: $35,000
- Down Payment: $5,000 (14%)
- APR: 7.5%
- Term: 144 months (12 years)
Monthly payment: ~$331/mo. Total interest: ~$17,700. Total cost: ~$52,700. Shortening to a 7-year term bumps the payment to ~$459/mo but cuts total interest to about $8,600 - saving over $9,000. Even a small extra payment of $50/mo on the 12-year loan saves roughly $3,400 in interest.
What This Calculator Includes
- Down payment. Enter any amount to see how it affects your monthly payment and total interest.
- Interest rate. Adjust the APR to compare offers from different lenders or credit tiers.
- Amortization schedule. See a month-by-month breakdown of principal and interest for the full loan term.
- Extra payments. Open the optional extra-payment field to see how additional principal saves interest and shortens payoff.
Travel Trailer Loan Rates by Credit Score
| Credit Score Range | Typical APR Range | Rating |
|---|---|---|
| 750+ | 5.49% - 7.49% | Excellent |
| 700 - 749 | 6.99% - 9.49% | Good |
| 660 - 699 | 8.99% - 11.49% | Fair |
| 620 - 659 | 10.99% - 13.99% | Below Average |
| Below 620 | 13.49%+ | Subprime |
Rates are approximate and vary by lender, loan amount, and term length. Travel trailers under $25,000 may be financed as personal property loans with slightly higher rates.
Travel Trailer Loan Calculator With Sales Tax, Fees, and Trade-In
This calculator gives you a clean principal-and-interest estimate. For a complete picture that includes sales tax, dealer fees, registration, and trade-in equity, use the Out-the-Door Payment Calculator. It breaks down every line item and shows exactly what gets rolled into the loan vs. paid upfront.
Want to understand how these costs work? Read more:
Frequently Asked Questions
Can I finance a travel trailer under $25,000?
Yes, but options are more limited. Many traditional RV lenders have a $25,000 minimum loan amount. For smaller loans, you may need to use a personal loan, a credit union RV loan, or dealer financing. Rates may be slightly higher and terms shorter (5-7 years) for these lower amounts.
What vehicle do I need to tow a travel trailer?
It depends on the trailer weight. Lighter models (under 5,000 lbs) can be towed by many half-ton trucks and large SUVs. Heavier travel trailers (6,000-9,000 lbs) usually need a half-ton truck like a Ford F-150 or Ram 1500. Always compare the trailer's GVWR to your vehicle's tow rating.
How much is travel trailer insurance per month?
Travel trailer insurance typically costs $30 to $100 per month for standard coverage. Because they are towable and generally less expensive than motorhomes, insurance premiums are among the lowest of all RV types.
Should I buy new or used travel trailer?
Used travel trailers offer significant savings - often 30-50% less than new for a model that is 3-5 years old. The trade-off is potential maintenance costs and shorter remaining loan terms. If you buy used, factor the age into your loan term and rate expectations. Many lenders limit terms based on model year.
What is a typical down payment for a travel trailer?
Lenders generally require 10-20% down on a travel trailer loan. On a $35,000 trailer, that means $3,500 to $7,000 down. A larger down payment reduces both the monthly payment and total interest, and helps you avoid owing more than the trailer is worth as it depreciates.
Related Tools and Guides
Calculators
- RV Loan Calculator - General RV loan payment calculator with amortization schedule
- RV Affordability Calculator - Find the max travel trailer you can buy on your budget
- Out-the-Door Payment Calculator - See the real cost including tax, fees, and trade-in