No Deposit Caravan Loans | Motorhome Finance
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7 Jul Today's
best rate
Caravan loans from
3.99 %
With a low
5.22 %
*The Comparison Rate is calculated on a Secured Loan of $30,000 fixed for a term of 5 years, new goods, effective 07/07/2021 and subject to change. WARNING: The Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate.

Compare Caravan Finance Interest Rates

Save time to source comparison caravan loans. We allow you to compare possible loan repayments based on current interest rates from Jade and other lenders with this calculator tool. Enter the details of your loan and see the repayment estimates straight away.

Loan Amount
Loan Term
Caravan Loan
3.99% Secured
5.22% Comparison
Monthly repayment
Variable Rate Personal Loan
13.50% Variable
14.37% Comparison
Monthly repayment
Variable Personal Loan
12.99% Variable
13.86% Comparison
Monthly repayment
Variable Rate Personal Loan
12.69% Variable
13.56% Comparison
Monthly repayment
St George
Fixed Rate Personal Loan
11.49 % Fixed
12.57% Comparison
Monthly repayment
Fixed Rate Personal Loan
10.49% Fixed
11.08% Comparison
Monthly repayment
Fixed Rate Personal Loans
11.99% Fixed
13.15% Comparison
Monthly repayment
Variable Rate Personal Loan
11.89% Variable
12.15% Comparison
Monthly repayment
Lender Product Name Advertised Rate Comparison Rate Monthly Repayment
Jade Caravan Loan 3.99%Secured 5.22%
CBA Variable Rate Personal Loan 13.50%Variable 14.37%
ANZ Variable Personal Loan 12.99%Variable 13.86%
NAB Variable Rate Personal Loan 12.69%Variable 13.56%
St George Fixed Rate Personal Loan 11.49 %Fixed 12.57%
Suncorp Fixed Rate Personal Loan 10.49%Fixed 11.08%
Westpac Fixed Rate Personal Loans 11.99%Fixed 13.15%
CUA Variable Rate Personal Loan 11.89%Variable 12.15%
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Disclaimer: The result indicated is based on a $30,000 loan at a fixed interest rate 5 year term. The comparison rate is true only for the examples given. The repayment shown does not allow for all possible fees and charges which may apply to your individual loan. The interest rate you are offered may vary from the rate displayed. Use this tool for comparison purposes only. Using this calculator is not a loan application, is not a loan offer, is not an indication of an approved loan in any way. The repayments you are offered may be different from those shown.

Jade Caravan Finance provides no deposit finance as possible options for caravan loans.

The term ‘no deposit finance’ is advertised widely in reference to many types of finance, especially consumer loans. So it’s important to understand what that may actually mean in different contexts, for different purchases and different loans.

By ‘no deposit’ we mean that no deposit would be requested by the lender or be required to be paid up front to the finance company, other than the first monthly repayment.

This is clearly differentiated from and separate from any deposit which the seller might request.

  • If you’re purchasing a new caravan from a dealer or manufacturer, you will likely be asked to pay a deposit so they can confirm your order. Many new caravans are built to order and to the buyer’s specs. The deposit is requested so the manufacturer can proceed with confidence.
  • If purchasing a used caravan from a dealer, a deposit may be requested to confirm the sale while you arrange your finance or so the dealer can do any pre-delivery preparations to the van.
  • If buying at auction, you will definitely be required to pay a deposit on the fall of the hammer.
  • When buying from a private seller, they may expect full payment.

In the case of dealer deposits, this can usually be accepted as a holding deposit, sometimes just a credit card imprint, which is returned to you at the time of settlement.

No Deposit in terms of your caravan loan, refers to a deposit from the lender.

  • This means that 100% of the purchase price of the leisure goods is included in the caravan finance package.
  • If you have paid a holding deposit to the seller, it can be returned to you and that amount encompassed in your finance package.
  • Lenders will consider the value, age and condition of the caravan and other factors before agreeing to no deposit finance.
  • If you specifically require no deposit finance, let your Jade consultant know your wishes. We have access to many banks and lenders and we know which ones we can best negotiate with for no deposit camper loans.


Not paying a deposit may conserve your cash reserves, but before you commit – consider the possibilities first:-

  • Even a small 10% deposit on a $40,000-$100,000 leisure goods can represent a significant amount of cash to pay up front. No deposit finance frees up your cash for other purposes.
  • However, if you do pay a non-refunded deposit to the seller or if requested by the lender, you are reducing the overall size of your caravan loan. By reducing the amount borrowed, you reduce your monthly repayments over the same loan term or reduce your loan term. You can pay off your caravan faster.

These are important considerations that your Jade consultant can discuss with you directly.

No deposit caravan finance is a possibility with us.

Speak with a Jade Consultant to discuss no deposit finance for your caravan. Call 1300 000 003

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Request a free finance quote by calling 1300 000 003 or directly online.

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No Deposit Caravan Finance FAQs

Buying a caravan without using your savings is accessible and a very widely-used practice with many buyers. But the no deposit term can raise some confusions in relation to loans and deposits requested by the manufacturer or dealer. While we’ve addressed this topic in detail on our webpage, we understand many buyers would like further clarification. If you still have doubts after reviewing this information, please contact us on 1300 000 003

Is the interest rate different for a deposit or no deposit caravan finance?   

No. The interest rate advertised across the different loan types in this category are the same regardless of any pre-payment, deposit or upfront monies paid. The interest rate on different categories is established by individual lenders based on their preparedness to extend credit to that sector. The rates advertised by lenders are typically the best available and for applicants with good credit. Rates are offered based on an assessment of the applicant and the goods being acquired. In some cases, lenders may request the total lending amount requested be reduced or apply conditions, but the interest rate would not be affected by deposits paid.

What can be included in a no deposit caravan loan?   

The concept refers primarily to the total purchase price of the goods from the seller. However, additional items may be included in the loan, subject to lender approval. The extras may be optional packages offered by some manufacturers with some models such as upgrades to off-road capabilities; accessories such as awnings or extrasolar panels; additional grey water or freshwater tanks; and other options. To be included, the extras need to be purchased concurrently with the main purchase, preferably, but not essentially, from the same supplier. Optional accessories purchased after-purchase and after the lending is finalised would not be able to be included.

What types of no deposit caravan loans are available?   

This is not a separate type of loan but an option for including the full cost of the purchase in the finance deal. This is available across the full range of lending, subject to individual lender approvals. The full purchase price can be included for secured and unsecured personal loans as well as for the selection of business finance products. It is purely a personal decision if the buyer chooses to apply for this option or to opt for a lesser loan amount by paying a deposit to the seller to reduce the amount requested.

What are the terms for finance for caravans with no deposit?   

The terms and conditions of a contract are not directly affected by the amount of the loan as such. Loan terms can be from 1 to 7 years. These are applicable generally regardless of what is included in the amount. By including the total purchase price in the total is higher than if a deposit was paid. Over the same loan term, the repayment would be higher and more interest in total payable. A shorter term increases the monthly repayments but reduces the total interest payable and the buyer owns the goods outright much sooner. By using a financial calculator you can easily see how the loan term affects repayments.

Are loans for caravans with no deposit available for everyone?   

In general terms, this option is available across all loan types and that would include many loan applicants. But lenders will assess each application based on the applicant’s credit profile and capacity to repay and the condition of the goods being purchased. Where a lender deems the total amount requested as not acceptable under their guidelines for that individual, they may request the total amount be reduced in order to approve the finance. In that example, the buyer would need to reduce the lending amount by paying a deposit to the seller. To be eligible for consumer finance, a person needs to be over the age of 18, be employed or have a source of income and meet the lender application form criteria. If they meet that criteria, the option should be available to them to borrow the full amount of the purchase price. 

The seller has asked for a deposit but I want a no deposit caravan loan?   

These two concepts are different. Many manufacturers and dealers will request a down payment from buyers as goods need to be manufactured to order and they will want confirmation that the sale will proceed before they get started. This is different from what the lender requested an upfront payment in regard to financing. The concept from the lender perspective refers to the full amount of the purchase price being included in the contract. Buyers can discuss this with their seller and request that their down payment is refunded when the lender settles and pays the seller. This is quite a standard practice across many areas of consumer and business finance.

Can I make extra payments on a no deposit caravan loan?   

Yes. The conditions, features and benefits of lending in this respect are the same regardless of whether the entire purchase price or a percentage of the purchase price is included. With personal loans, the option exists in all financing to make extra payments. Making additional payments over and above the scheduled repayments can result in less interest in total being paid and paid out earlier than the scheduled term. For lending with a fixed interest rate, this attracts minimal break fees and for variable interest rates, no break fees apply. Business finance contracts will have varying conditions around making extra payments and paying out financials early. Talks with the lender are recommended to seek detail on fees for paying out early.

Are there any exceptions for no deposit caravan loans?   

The condition and age of the goods are taken into consideration when a lender assesses any loan application. They also focus on the credit profile of the individual and the person’s capacity to repay the amount of money being requested. All these aspects will contribute to their overall approval of a lending application and to any conditions or exceptions applied by the lender. If the price of used goods and hence the amount requested is not considered as reflective of value and suitable to the full purchase price being included, it may not be approved. If a lender considers an individual at high risk of defaulting on payments for a loan of that quantity it may not be approved. In these instances the overall amount would need to be reduced and as such the full purchase price not included in the finances.

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