average number of years for a camper loans
The loan term for travel trailers depends on the amount financed and the trailerâs age. The average term for recreational trailers between $25,000â99,000 is eight to 15 years. Trailers qualifying as a residence and financed at $100,000 or higher are typically financed with a 20-year term. Most lenders wonât finance less than $7,500 for a trailer loan. Some may even require a minimum loan of $25,000.