Unsecured recreational vehicle loan calculator

Use this calculator to estimate your total monthly payments on your new or used recreational vehicle, based on various term lengths.

Estimate your LightStream recreational vehicle loan payments.
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Lowest APR shown with AutoPay discount and excellent credit.
Choosing AutoPay can lower your rate
In your application, you'll have the option to choose AutoPay (which includes a 0.50% points APR discount, as shown) or invoice repayment. If your loan is approved and you’ve selected AutoPay, you'll make monthly automated payments from any U.S. bank or credit union account where ACH withdrawals are allowed.
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Loan terms
  • Fixed rate, simple interest, fully amortizing loan with no fees or prepayment penalties.
  • Rates quoted with AutoPay option. Invoicing option is 0.50% points higher.
  • Loan proceeds may not be used to refinance an existing LightStream loan.
  • Florida loans subject to Documentary Stamp Tax (opens in a modal}. The tax amount is not included in the quoted APR.
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Get rewarded for good-to-excellent credit.

A stable financial track record deserves low rates and superior service.

Get the low rate you deserve with fixed interest, so you can take advantage of lower interest rates and decrease your monthly payment with no collateral. As part of our loan approval process, we look at factors including your credit score, credit history, assets, debt-to-income ratio, and payment history. We only approve good-to-excellent credit profiles for a LightStream loan.

Key factors that affect your unsecured loan costs

Break down some of the factors that may affect your loan:

Credit profile

When you apply for an unsecured recreational vehicle loan, your credit score is considered along with other factors, including debt-to-income ratio and income.

Loan term length

Longer terms mean lower monthly payments, but more interest paid over time. Shorter terms have higher payments but reduce total interest cost.

Interest rates

Over the life of a loan, having a lower rate can save you money, so it can be important to shop around for the lowest interest rate.

Fees

The LightStream unsecured loan doesn’t have origination fees, late fees, or pre-payment fees. It’s simple. We don’t have fees ... for anything.

Tips for unsecured recreational vehicle financing

There are several steps you can take that may help you find the best loan terms for your situation.

Know your budget

Use our calculator to figure out how much you can comfortably afford before you shop around.

Check your credit score

A strong credit profile, including credit score, can result in lower interest rates, potentially saving you money over the life of the loan.

Avoid long-term loans

A longer loan term may result in lower monthly payments, but you may pay more in interest over the life of the loan. We have customized loan terms to fit your budget.

Frequently asked questions 

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You can use an unsecured recreational vehicle loan to finance a new or used boat, yacht, RV, or camper, without collateral.

The main difference between secured and unsecured loans is that secured loans require collateral and unsecured loans don’t.
 
For instance, a secured home loan uses your home as collateral, and a secured vehicle loan uses your vehicle as collateral. Staying current on payments helps you maintain ownership of your collateral.
 
Unsecured loan benefits include a simpler application and approval process. Unsecured loans do not have collateral and are backed by your creditworthiness—your past repayment history and your credit score, among other factors. Because of this, interest rates on unsecured loans can be higher than those on secured loans. We only approve good-to-excellent credit profiles for LightStream loans.

There is no penalty for partial or total repayment of your loan. You can make payments any time by signing in to your account.

Related resources

Your credit score, explained

Your credit score is one of the most common ratings used to determine your creditworthiness. Let’s break down how it’s calculated.

Secured vs. unsecured loans

There are some key differences between a secured loan and an unsecured loan. We explore the pros and cons of each, so you can decide what’s best for you.

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