loans.com.au is an Australian lender which offers home loans, personal loans and vehicle loans. Across its caravan loan range it has loans for new caravans up to 3 years old as well as used caravans up to 7 years old. It also has options if you are wanting to refinance your existing loan.
loans.com.au has both fixed and variable options for its caravan loans, with greater flexibility over the vehicle's age with a fixed rate loan.
3 things you should know about this loan:
Borrow from $5,000 to $100,000.
Loans are available for homeowners only.
You can borrow for a loan term of up to 7 years.
loans.com.au - New/ Demo Caravan Loan Special (Variable)
loans.com.au - New/ Demo Caravan Loan Special (Variable)
6.74 %p.a.
variable rate
7.86 %p.a.
comparison rate
100% confidential application
loans.com.au - New/ Demo Caravan Loan Special (Variable)
Points to consider with a loans.com.au caravan loan
loans.com.au offers 7 different caravan products, depending on whether the caravan is used or new, whether you buy from a dealer or privately, whether you choose a fixed or variable rate, and the age of the car.
The minimum rate is 6.74% p.a. and the maximum rate is 9.79% p.a.
The minimum loan term for a caravan loan is 3 years, and if you want to repay early you face an early repayment fee of $700 in the first 2 years of the loan and $500 thereafter.
With this loan you can purchase:
A caravan (a rigid unit which can be towed by a motor vehicle)
Camper trailer/camper
A hybrid caravan (a cross between a caravan and a camper trailer)
You cannot purchase a campervan, a motor home or any DIY home built caravans. To find out if the vehicle you want to purchase or refinance is eligible, you'll need to contact loans.com.au.
Features of a loans.com.au caravan loan:
Loan term. You can repay your loan over 3 to 7 years.
Loan amount. You can borrow from $5,000 to $100,000.
Rate types. You can choose between a fixed rate and a variable rate.
Seller flexibility. You can take out a loan whether you're buying from a dealer or a private seller.
Flexible repayment frequencies. You can choose to repay your caravan loan weekly, fortnightly or monthly.
Online application. You can apply online and receive approval within minutes.
Redraw. You can redraw a maximum of $5,000 a day, as long as you're on a variable rate and ahead on your repayments.
Fees and charges
Interest rates: Interest rates from 6.74% p.a. to 9.79% p.a.
Comparison rates: Comparison rates from 7.86% p.a. to 10.90% p.a.
Application fee: $400
Service fee: $8 a month
Early repayment fee: $700 within the first 2 years, $500 thereafter
How to apply:
To apply for a loans.com.au caravan loan you can apply through the website and receive your approval within minutes.
You must:
Be aged 18 or over
Own a home
Be an Australian citizen, permanent resident or have a skilled work visa
Be employed
Have a good credit history
Have a caravan which meets the requirements
You will need:
The year, make and model of the caravan
Your personal details
Your income and expenses
Other criteria may apply so be sure to check the full eligibility of yourself and the caravan before you submit a loan application.
Rebecca Pike is Finder's senior writer for money. She joined Finder after almost four years writing for business publications in the mortgage and finance industry, including three years as editor of Mortgage Professional Australia. She regularly appears as a money expert on programs like Sunrise and Today, as well as across radio and newspapers. She also holds ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products. See full bio
Rebecca's expertise
Rebecca has written 195 Finder guides across topics including:
Millions of Australians struggling to pay for groceries are turning to cheaper meals to get by, according to new research by Finder.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
