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PERSONAL LOAN22 min read2026-08-15
MR
Marcus Reid

Mortgage Strategist & HELOC Specialist · NMLS #1985623, CRMP

Personal Loans for RV Purchase 2026: Top 10 Lenders Compared (RV Financing)

Rates Updated: June 27, 2026
The RV lifestyle is booming — over 25 million Americans now own an RV, and 400,000+ new ones are sold each year. In 2026, the average new travel trailer costs $20,000-$40,000, a new motorhome costs $80,000-$300,000, and used RVs range from $5,000-$100,000. Whether you want a pop-up camper for weekend trips or a Class A diesel pusher for full-time living, financing makes it possible. In 2026, there are two main ways to finance an RV: RV loans (secured by the RV, 6.50-12% APR, up to 20 years, $10K-$500K) and personal loans (unsecured, 6.99-35.99% APR, 1-7 years, $1K-$100K). Personal loans offer unique advantages: no collateral required, no RV inspection needed, faster approval (same day vs 2-4 weeks for RV loans), and no restrictions on RV age or type. We compared the top 10 personal loan lenders for RV purchases and ranked them based on starting rate, loan amount, funding speed, credit flexibility, and special features. Whether you are buying a $5,000 used pop-up or a $100,000 motorhome, this guide covers every option available for RV financing in 2026. [cta:Compare today's best RV loan rates|personalLoan]

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Top 10 Personal Loan Lenders for RV Purchase 2026: Side-by-Side Comparison

We compared the 10 best RV purchase loan lenders across 7 critical factors: starting rate, max loan amount, min credit score, funding speed, max term, origination fee, and special features.

For RV loans, rate and loan amount are key — you want the lowest rate and enough to cover the full purchase. Compare RV loan lenders

RankLenderStarting RateMax Loan AmountMin CreditFunding SpeedMax TermGet Started
1LightStream6.99%$100,000660Same day84 monthsGet RV loan
2SoFi8.99%$100,000680Same day84 monthsGet RV loan
3Marcus by Goldman Sachs6.99%$40,0006401-3 days72 monthsGet RV loan
4Discover6.99%$40,0006601-3 days84 monthsGet RV loan
5Upstart6.70%$50,0003001-2 days60 monthsGet RV loan
6Avant9.95%$35,0005501-2 days60 monthsGet RV loan
7LendingClub8.98%$40,0006002-4 days60 monthsGet RV loan
8Prosper6.99%$50,0005601-3 days60 monthsGet RV loan
9OneMain Financial18.00%$20,0005001-2 days60 monthsGet RV loan
10Upgrade8.49%$50,0005601-2 days60 monthsGet RV loan

Best Lenders for Personal Loans for RV Purchase

1
SoFiBEST RATE

Lowest rates for good credit

6.99%

Min credit: 680

2
Upstart

Accepts lower credit scores

7.80%

Min credit: 580

3
Avant

Best for fair credit

9.95%

Min credit: 550

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Best RV Loan Lenders by Category 2026

Different RV types and budgets require different lenders. Here are the best by category.

Match your RV type and budget to the best lender for optimal rates and terms. Find your best RV loan lender

CategoryBest LenderWhy They WinKey AdvantageGet Started
Best for small RVs ($5K-$20K)Marcus / Discover6.99% rate, $40K max, 0% originationBest for small RVsGet small RV loan
Best for mid-size RVs ($20K-$50K)LightStream / SoFi$100K max, same-day, 84mo termBest for mid-sizeGet mid-size RV loan
Best for large motorhomes ($50K-$100K)LightStream / SoFi$100K max, same-day fundingLargest loansGet large RV loan
Best for lowest rateLightStream / Marcus / Discover / Prosper6.99% starting rateLowest RV rateGet lowest rate RV loan
Best for fast funding (same day)LightStream / SoFiSame-day funding availableFastest fundingGet same-day RV loan
Best for low credit (550+)Avant550 min credit, $35K maxFlexible creditGet low credit RV loan
Best for very low credit (300+)Upstart300 min credit, AI underwritingLowest credit barGet 300 credit RV loan
Best for long terms (84 months)LightStream / SoFi / Discover84 month max termLongest termsGet long-term RV loan
Best for used RVsAll personal loan lendersNo age restriction (unlike RV loans)No age limitGet used RV loan
Best for any RV typeAll personal loan lendersNo type restriction (unlike RV loans)Any RV typeGet any RV loan

Personal Loan vs RV Loan vs Other RV Financing 2026

There are multiple ways to finance an RV. Here is a complete comparison.

Personal loans offer no collateral, no inspection, and fast funding. RV loans offer lower rates but require collateral and inspection. Compare RV financing

Financing OptionStarting RateMax AmountMax TermCollateralInspection RequiredAge RestrictionKey ProsKey ConsGet Started
Personal loan6.99%$100,00084 monthsNone (unsecured)NoNone (any age)No collateral, no inspection, fast, any RVHigher rate than RV loan, shorter term, lower maxGet personal loan
RV loan (secured)6.50%$500,00020 yearsRV (secured)Yes ($300-$800)Typically <10-15 years oldLowest rate, longest term, largest amountRV as collateral, inspection required, age restrictionsGet RV loan
Dealer financing5.99%Varies by dealer15-20 yearsRV (secured)VariesVariesConvenient, promotional rates, bundled with purchaseLimited to dealer inventory, higher price may be built inGet dealer financing
HELOC7.500%$100,000+20 yearsHome (secured)NoNoneLow rate, long term, tax-deductible interestHome at risk, slow approval, requires equityGet HELOC
Credit card18-29%$5,000-$50,000FlexibleNoneNoNoneImmediate, rewards/cashbackHighest rate, maxes out quickly, hurts credit utilizationGet credit card
BNPL (Affirm)0-30%$17,50036 monthsNoneNoNone0% intro, fast approvalLow max amount, limited to participating dealersGet BNPL
Savings0%No limitN/ANoneNoNoneNo interest, no debt, strongest negotiating positionTies up savings, may not have enoughUse savings
401(k) loanPrime + 1%$50,0005 years401kNoNoneNo credit check, pay yourself interestReduces retirement, due immediately if you leave jobGet 401k loan

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RV Purchase Costs by Type 2026

RV costs vary dramatically by type, size, and condition. Here is a breakdown of common RV purchases.

Use this table to estimate how much you need to borrow for your dream RV. Calculate your RV loan

RV TypeNew Price (2026)Used PriceRecommended LoanMonthly Payment (60mo at 8.99%)Get Started
Pop-up camper (tent trailer)$8,000-$15,000$3,000-$8,000$10,000$208/moGet pop-up loan
Travel trailer (17-25ft)$15,000-$30,000$8,000-$20,000$20,000$415/moGet travel trailer loan
Hybrid travel trailer (expandable)$18,000-$35,000$10,000-$25,000$25,000$519/moGet hybrid trailer loan
Fifth wheel (25-35ft)$30,000-$60,000$15,000-$40,000$40,000$830/moGet fifth wheel loan
Toy hauler (travel trailer)$25,000-$50,000$12,000-$30,000$30,000$623/moGet toy hauler loan
Class B campervan (20-24ft)$60,000-$150,000$30,000-$80,000$50,000$1,037/moGet campervan loan
Class C motorhome (20-32ft)$50,000-$120,000$25,000-$70,000$50,000$1,037/moGet Class C loan
Class A gas motorhome (30-36ft)$80,000-$180,000$40,000-$100,000$80,000$1,660/moGet Class A gas loan
Class A diesel pusher (36-45ft)$150,000-$500,000$80,000-$250,000$100,000 (personal loan max)$2,074/moGet diesel pusher loan
Truck camper$5,000-$30,000$3,000-$20,000$15,000$311/moGet truck camper loan

How to Get a Personal Loan for an RV Purchase: Step-by-Step Guide

Getting a personal loan for an RV is straightforward. Here is a step-by-step guide.

The key: know your RV budget, check your credit, compare lenders, and apply for fast funding. Get your RV loan

  • Step 1: Determine your RV budget — research RV prices on RV Trader, Camping World, and RVT.com. Factor in insurance ($500-$3,000/year), storage ($0-$5,000/year), maintenance (10% of RV value/year), and campground fees ($20-$80/night)
  • Step 2: Decide new vs used — used RVs cost 40-60% less but may need more maintenance. Personal loans have no age restriction (unlike RV loans which typically require <10-15 years old)
  • Step 3: Check your credit score — 660+ (LightStream, SoFi, Discover), 640+ (Marcus), 560+ (Prosper, Upgrade), 550+ (Avant), 300+ (Upstart)
  • Step 4: Compare financing options — personal loan (6.99%, $100K, same-day, no collateral), RV loan (6.50%, $500K, 20yr, RV as collateral), dealer financing (5.99%, convenient but may have higher price built in)
  • Step 5: Get pre-qualified with 3+ personal loan lenders — soft credit pull, no impact to score. Compare actual rates and terms
  • Step 6: Choose the best lender — LightStream (6.99%, same-day, $100K, 84mo), SoFi (8.99%, same-day, $100K, 84mo), or Marcus (6.99%, 1-3 days, $40K, 72mo)
  • Step 7: Apply for the loan — submit full application with ID, proof of income, and bank info. Hard credit pull (drops score 3-5 points)
  • Step 8: Receive funds and buy the RV — funds deposited in your bank account (same day to 4 days). Buy from any dealer or private seller with cash (may get a discount for cash payment)
  • Step 9: Register and insure the RV — register with your state DMV, get RV insurance ($500-$3,000/year depending on RV type and value), and complete any required safety inspections
  • Step 10: Make monthly payments — set up auto-pay to never miss a payment. On-time payments build your credit score. Most personal loans have no prepayment penalty — pay off early to save on interest

Mortgage Calculator

$
$

20.0% down

Loan Amount$320,000
Monthly Payment$1,867
Total Interest$352,276
Total Paid$672,276
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Today's Best Mortgage Rates

Updated November 1, 2026

LenderRateAction
Veterans United
5.500%
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Navy Federal CU
5.500%
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Better.com
5.625%
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New American Funding
5.625%
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Rocket Mortgage
5.750%
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CrossCountry Mortgage
5.750%
Check Rate

Rates shown are illustrative. Actual rates vary by credit score, location, and loan details.

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Frequently Asked Questions

MR
Marcus Reid NMLS #1985623, CRMP

Mortgage Strategist & HELOC Specialist

NMLS #1985623 and CRMP. Former HELOC division manager at PNC Bank ($2B portfolio). 11+ years in home equity lending. Featured on CNBC.

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