New Motorhome Finance for Getting on the Road.
A motorhome is a significant investment. Morella Finance compares new motorhome loan rates across Australian lenders so you drive away with finance that suits your situation.
Caravan loans from 7.59% p.a. Comparison rate 8.43% p.a.*
All motorhome types · Same day pre-approval possible · Advice in plain terms
MOTORHOME FINANCE
Why motorhome buyers choose a broker.
Motorhome finance: bank vs broker
Higher loan amounts need the full panel
Motorhomes often require $80,000-$300,000+ in finance. Not all lenders are competitive at these amounts. We search those who are.
Motorhomes are their own lending category
Lenders assess a motorhome differently from a caravan, with their own age, value and term rules. We know which lenders suit a motorhome.
Commercial structures available for business use
If the motorhome is used for business, a chattel mortgage may offer better tax outcomes.
One application, full panel
We assess your profile once and compare the panel.
The process
New Motorhome Finance. In 4 Steps.
Tell us about the motorhome
Make, model, price and purchase source.
We compare the market
Your broker compares motorhome finance options for your profile.
Review your options
Rate, term and total cost compared side by side.
Settlement handled
Paperwork and dealer payment managed end to end.
New motorhome finance, explained plainly.
Step 1 of 5
Understand new motorhome finance
A motorhome carries its own engine and registration, so lenders assess it as a motor vehicle with living quarters rather than as a caravan.
The loan is secured against the motorhome over a term of one to seven years, with the lender's interest recorded on the PPSR until payout.
Cab-over, B-class, A-class and campervan builds are all financeable, though each lender sets its own appetite for the larger and more specialised body types.
Why choose new motorhome finance
A new build comes with warranty cover across both the drivetrain and the living quarters, which matters on a vehicle that's really two different things bolted together.
Motorhomes cost more than most vehicles, so spreading the cost is often what makes the build you actually want affordable, rather than settling for less.
Having finance sorted before you visit a dealer means the conversation stays on specification and delivery, instead of getting steered toward their finance desk.
Deciding if new motorhome finance fits
Secured finance is the normal route, because a new motorhome is straightforward security that lenders writing this asset will accept.
If the motorhome will be used in a business, whether tourism or a mobile trade, a commercial structure may fit better and your accountant should confirm it.
How to apply for new motorhome finance
Start with the make, model, build type and purchase source. Body type is the detail that most often decides which lenders are available.
Your licence, income evidence and the dealer quote make up a standard application, and pre-approval is possible the same day for many straightforward applications.
Payment and settlement are managed directly with the dealership so the handover is not held up by paperwork.
Tips for new motorhome finance
Check what licence class the build requires before you commit. Larger motorhomes are not all drivable on a standard car licence.
Think about where it will be stored between trips. Height and length rule out a lot of ordinary driveways and storage yards.
Set the pre-approval before you start specifying options, so the build is shaped by the budget rather than the other way around.
New motorhome finance at a glance
- A motorhome is assessed as a motor vehicle with living quarters
- Terms run up to 7 years
- Cab-over, B-class, A-class and campervan builds are all financeable
- Business and tourism use belongs on the commercial side of the panel
- A single enquiry compares lenders right across the panel
New Motorhome Finance Done Right
Motorhome lending involves higher loan amounts and specific asset type considerations. We navigate the panel to find the right lender for your specific motorhome.
Get my quoteAny New Motorhome
Any make, model or dealer, all considered.
Fast Pre-Approval
Know your budget before you start dealer shopping.
Straightforward Paperwork
We manage the finance paperwork so you can focus on the motorhome.
One Contact, Start to Finish
One contact from enquiry to settlement. No handoffs, no repeated explanations.
Settlement Handled
We manage payment and settlement directly with the dealer.
No Deposit Assumptions
We work out what's realistic for your situation, not a fixed percentage.
Caravan Finance Repayment Calculator
Estimate your repayments. Adjust the sliders to match your situation.
Monthly repayment
$773
per month
Weekly
$178
Total repayment
$46,399
Estimates only. Your actual rate depends on your profile and lender. Get a real comparison.
Get my quoteAbout the starting rate
6.00% p.a. is a starting point for estimating repayments only. It is not a quote, not an offer of finance, and not a rate available to every applicant. Your actual rate depends on the lender, the asset, the loan term, the loan amount and your circumstances. Adjust to model scenarios.
More Caravan and Motorhome Finance Options
A caravan's age
matters most.
Caravans come with lending restrictions a car never faces, including age limits and private sale rules. Your broker matches the caravan you actually want to the lenders whose policy accepts it.
Caravan Finance Guides
Written by a licensed broker for Australian borrowers.
8 guidesCaravan financeCaravans, camper trailers and motorhomes, bought from a dealer or privately.Explore caravan finance
Caravan Finance for Self-Employed and ABN HoldersRunning your own show should not stand between you and a caravan. What lenders actually ask of ABN holders, and how to place the application well.Australia's caravans are getting heavierAustralia's caravans are getting heavier. Vans over 2,500kg tare rose 32% in two years. See caravan weight by state from BITRE's 2026 registration data.New vs Used Caravan Finance: Which Is Right for You?New and used caravans borrow the same way but are assessed quite differently. How lender appetite, age rules and structure shift between the two.How Caravan Loan Pre-Approval WorksSorting your caravan budget before you shop changes how dealers and private sellers treat you. How pre-approval works and how to use it well.See all 8 caravan finance guidesWho we help
Who We Help with New Motorhome Finance
Family Travellers
Self-contained motorhome for family road trips.
Grey Nomads
Retiring and investing in a quality motorhome for extended travel.
Business Operators
Mobile business or tourism operation based in a motorhome.
Lifestyle Seekers
Transitioning to a location-independent lifestyle.
Adventure Tourers
High-end motorhome for extended remote travel.
18 years or older
Australian citizen, permanent resident, or eligible visa holder
Regular income: PAYG, self-employed or ABN considered
Valid driver's licence with appropriate licence class for the motorhome
Credit history reviewed holistically
New Motorhome Loans. Common Questions.
Rates on our panel start from 7.59% p.a. (comparison rate 8.43% p.a.)*. The rate you're offered depends on your credit history, the new motorhome's age and the loan term. Tell us what you're buying and we'll compare lenders to find you the best rate we can. The comparison rate example and warning are at the bottom of this page.
Most lenders will finance motorhomes up to $300,000 or more for qualified borrowers. The limit depends on your income, credit profile and the asset's value. Your broker gives a realistic borrowing estimate for your specific situation.
Most lenders offer terms up to 7 years for motorhomes. Longer terms reduce monthly repayments but increase total interest paid. Your broker compares term options across lenders for your loan amount.
Yes. If used for business, a commercial structure such as a chattel mortgage may offer better tax outcomes. Your broker identifies the right structure and recommends you confirm tax specifics with your accountant.
Yes. Lenders treat a motorhome as its own asset class, separate from a caravan, with different age limits and documentation. This affects which lenders on our panel are suitable. Your broker accounts for that when comparing lenders.
Some lenders allow the cost of approved accessories and customisations to be included in the loan. Your broker confirms what can be included for the specific lender you proceed with.
Yes. A pre-approval confirms your borrowing capacity so you can shop knowing exactly your budget. Most pre-approvals are valid for 30-90 days.