🚐 RV Loan Calculator
Understand the true cost of RV ownership — not just the monthly payment
Your RV Details
Your Payment Breakdown
Monthly Loan Payment
$1,079
Standard amortized RV loan payment
Down Payment Required
$24,000
Total Amount Financed
$96,000
Total Interest Paid
$98,220
Over life of loan
Total Paid (Principal + Interest)
$194,220
That’s 1.62x the RV price
Where Your Money Goes
In the early years, most of your payment goes to interest, not the RV itself:
Interest Paid
Principal Paid
💳 Dealer Payment vs Reality Check
Monthly Payment Sounds Like
$1,079
Easy to budget, right?
But You’ll Actually Pay
$194,220
Total cost over loan term
This is why RV payments feel manageable, but the total cost matters.
Why 20% Down Matters
A solid down payment reduces the total interest you’ll pay, helps you secure better loan terms, and significantly lowers the risk of being upside-down (owing more than the RV is worth) early in the loan. RVs depreciate quickly in the first few years.
Long RV Loan Reality
RV loans often stretch 15–20 years to keep monthly payments affordable. While this makes budgeting easier, it dramatically increases the total amount you pay. A 20-year loan can cost nearly double the original RV price in interest alone.
Depreciation Note
Unlike homes, RVs depreciate in value over time — often losing 20-30% in the first few years. Longer loan terms increase the chance of owing more than the RV is worth, making it harder to sell or trade in without paying extra to cover the difference.
How We Review: At Time to RV, we only recommend products and places we have personally used or visited. Our reviews are based on real-life testing during our full-time travels. We never accept payment for a positive review; our goal is to give you the honest truth so you can hit the road with confidence.