Vehicle & Equipment Calculator
Work out repayments for a car, ute, motorbike, caravan, boat, truck or business equipment, with or without a balloon, using the rate from your quote. Results are illustrations based on your inputs, not financial advice, a quote or an approval. When you're ready, send the scenario to Christian and he'll compare lenders for you.
Using the car and asset loan calculator
Choose personal or business use and the type of asset, such as a car, motorbike, caravan, boat or equipment.
Enter the price, any deposit or trade-in, the interest rate and a term of 1 to 7 years.
Add a balloon payment if you want lower regular repayments with a lump sum at the end.
The calculator shows the repayment at your chosen frequency and the total cost.
What it doesn’t include
Lender fees and charges you have not entered.
GST credits, depreciation or other tax effects for business use.
Insurance, registration and on-road costs.
Whether a lender would approve the loan.
Questions people ask
What is a balloon payment?
A lump sum due at the end of the loan. It lowers the regular repayments, but you pay more interest overall and need to plan for paying, refinancing or selling at the end of the term.
What is the difference between personal and business use?
Business-use finance is assessed and structured differently. Lenders consider things such as how long your ABN has been held and whether you are registered for GST, and tax treatment differs, so speak with your accountant.
How long can I finance a vehicle for?
This calculator covers 1 to 7 years. The term a lender offers depends on the asset, its age and your circumstances.
Is a prestige or classic car financed the same way?
Not always. Prestige and collector vehicles can have different lender policies and valuations. Christian arranges finance for these regularly.
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General information only. It does not take your objectives, financial situation or needs into account.
READY TO DISCUSS YOUR RESULTS?
Calculator figures are a guide, not a credit assessment. Tell us what you're planning and we'll help you understand what the numbers mean for your circumstances. Buying for a business? Request an equipment quote.