Camper Trailer Finance Calculator
You can get an estimate of your loan repayment amount by using our Camper Trailer Finance Calculator. A fortnightly or monthly repayment schedule can be selected, depending on your individual circumstances. For example, clients often want their repayments to reflect their pay schedule.
You will need to estimate you loan amount, including any accessories. Austrack campers have the purchase price of their entire camper range on their website. Accessories may include a upgrade in fridge, hitch, batteries, solar and/or storage options.
Loan terms range from 2 to 7 years. The most popular term amount is 5 and 7 years. The longer the loan term, the lower the repayments. Adjusting the term in the calculator will demonstrate this.
Lastly input an interest rate. Your interest rate is determined by your individual profile and previous credit history. Your individual profile includes your residential status as well as your employment stability. Additionally, home ownership does attract a more competitive interest rate from our lenders. At Austrack Finance we will get you the lowest possible interest rate.
What is a Balloon Payment?
Our Camper Trailer Finance Calculator also includes a balloon payment function. A balloon payment is a lump sum payment that is left at the end of the loan term. During the loan not all the principle is paid off. What is left is a lump sum, which is called a 'balloon'. This balloon can either be refinanced or paid off in full to the lender. Why have a balloon payment? It reduces the camper trailer loan repayments throughout the term of the loan. Use the camper trailer finance calculator to determine how a balloon payment could affect the amount of your loan repayments.
Pre-Approved Camper Trailer Finance
Apply Now for Pre-approved camper trailer finance. With pre-approved finance, you know what your repayments will be so, you can focus on finding the perfect camper trailer within budget. Having your funds sorted can also give you more negotiating power when purchasing a new camper trailer.
Get in Touch
Want to talk with an experienced finance broker to discuss your finance needs. Contact us by phone on 07 5437 6988 or fill in our contact form.