Fast Equipment Finance Calculator
Easily Assess, Compare & Plan Asset Finance with Our Equipment Loans Calculator. Estimate Your Equipment Loan Now!
This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Versatile Equipment Loans Calculator – Suits All Business Set-ups, All Assets, All Commercial Credit Facilities
We’ve developed our calculating device with the versatility to enable all types of enterprises to generate estimates on all business assets with their choice of commercial credit facility. Sole traders, new businesses requiring Low Docs and No Docs options, large corporations, SMEs, family enterprises, trusts, partnerships – can all use the device. Estimates can quickly be generated for all plant, machinery and equipment used in all commercial enterprises across all industry sectors.
By simply changing the interest rate, operators can obtain estimates to compare Leasing, Chattel Mortgage, Rent-to-Own and Commercial Hire Purchase. To get started, use our displayed rates as a guide to your financing and a clear sign of how competitive we are in the commercial lending sector. Change the rate to make lender comparisons.
Securing the best interest rates is the primary objective when sourcing finance. There are many variations in rates across the market – with lenders, with financing for certain industries, with credit profiles and financials of the business. Easy Equipment Finance assists businesses to cut the time to find the best rates by handling the process for them. We have connections with 80+ lenders, including non-bank lenders that specialise in key industries and key assets. Using our expertise and lender base, we find customers the right lender and the best interest rates. For a quote sourcing individually for you by our experts, request a quote now.
- Estimate loans for all plant, machinery & equipment, new and used.
- Calculate and structure Chattel Mortgage, Lease, Rent-to-Own, CHP.
- Compare interest rates with our competitive rates from 80+ lenders.
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No need to rely on guesstimations when financing plant, machinery and equipment. Quickly turn guesstimating into estimating with our asset finance calculating device. Streamline, simplify and clarify financing new assets with online convenience, simple operation and powerful functionality. Our device delivers fast results, providing quick access to the information many businesses require to make informed financing decisions. Compare interest rates to select the right lender.
Evaluate makes and models by converting machine pricing to estimated repayments in seconds. Plan financing structure to suit ROI and work with cash flow impacts. Prepare budgets for medium to long term acquisitions. And for those urgent purchases to replace unserviceable machines asap, the device is accessible online 24/7 for quick estimates to enable quick decisions.
Start calculating your finance estimates and move quickly with your machinery purchase.
Easy to Use Equipment Loans Calculator - Powerful Results
Converting the purchase price of assets to estimated finance repayments is carried out in seconds. Ender the price of the asset as the finance required, our latest rate for the required credit facility, the preferred term, balloon and instantly the monthly repayment estimate is displayed. Repeat to compare other makes and models. Evaluate the cost-effectiveness of the acquisition in relation to cash flow and ROI. Get your first estimate now.
Comparing rates as percentages can provide a certain level of information. But assessing interest rates in the context of your specific acquisition, with the monthly commitment required, provides next level insights. Compare rates by simply changing the rate entered while leaving other values unchanged. Compare Leasing with CHP, Rent-to-Own and Chattel Mortgage based on the different interest rates. Obtain valuable information to make informed decisions quickly and easily.
Our device has practical, powerful functionality to empower operators to plan how they would like their finance structured. Terms can be varied to work with the ownership cycle of the asset, and the monthly commitment based on different terms compared. The balloon option allows for the inclusion of an end-of-term payment in the calculations. There is no need to deduct the balloon from the finance total entered. The device carries out that computation in delivering the estimate. Change any or all figures entered to arrive at a finance structure that works for your operation, ROI and business objectives.
Investing in plant and machinery can involve major investments, requiring significant planning and budgeting. Some acquisitions are more immediate when unserviceable units need urgent replacement and when upgrading or increasing fleets to get a start on new contracts. Our device provides quick and easy access to obtaining finance estimates to streamline the entire process – making it easier to budget for future purchases, or make quick decisions for urgent buys. Change the values for all elements to arrive at repayment estimates that work with your budget, with your cash flow.
Moving to new fuel system machines for greater efficiency? Considering the installation of new technology and systems? Thinking of changing to a different machinery brand? Possibly at a higher price than you’re currently operating? Get the figures you need to carefully consider your options based on the financing solution.
Get Quick Repayment Estimates – Compare Machines, Evaluate Cost-effectiveness
Converting the purchase price of assets to estimated finance repayments is carried out in seconds. Ender the price of the asset as the finance required, our latest rate for the required credit facility, the preferred term, balloon and instantly the monthly repayment estimate is displayed. Repeat to compare other makes and models. Evaluate the cost-effectiveness of the acquisition in relation to cash flow and ROI. Get your first estimate now.
Compare Interest Rates, Compare Credit Facilities
Comparing rates as percentages can provide a certain level of information. But assessing interest rates in the context of your specific acquisition, with the monthly commitment required, provides next level insights. Compare rates by simply changing the rate entered while leaving other values unchanged. Compare Leasing with CHP, Rent-to-Own and Chattel Mortgage based on the different interest rates. Obtain valuable information to make informed decisions quickly and easily.
Plan Asset Finance Structure with Various Terms, End-of-Term Payment Options
Our device has practical, powerful functionality to empower operators to plan how they would like their finance structured. Terms can be varied to work with the ownership cycle of the asset, and the monthly commitment based on different terms compared. The balloon option allows for the inclusion of an end-of-term payment in the calculations. There is no need to deduct the balloon from the finance total entered. The device carries out that computation in delivering the estimate. Change any or all figures entered to arrive at a finance structure that works for your operation, ROI and business objectives.
Prepare Budgets with Repayments Estimates to Work with Cash Flow
Investing in plant and machinery can involve major investments, requiring significant planning and budgeting. Some acquisitions are more immediate when unserviceable units need urgent replacement and when upgrading or increasing fleets to get a start on new contracts. Our device provides quick and easy access to obtaining finance estimates to streamline the entire process – making it easier to budget for future purchases, or make quick decisions for urgent buys. Change the values for all elements to arrive at repayment estimates that work with your budget, with your cash flow.
Consider Options, Compare Different Makes, New Technology – Suits All Plant, Machinery, Equipment
Moving to new fuel system machines for greater efficiency? Considering the installation of new technology and systems? Thinking of changing to a different machinery brand? Possibly at a higher price than you’re currently operating? Get the figures you need to carefully consider your options based on the financing solution.
Quickly Compare, Plan, Evaluate, Assess Options with Equipment Loans Calculator
- Plan repayments to work with cash flow, terms with ROI targets.
- Get fast answers when replacing unserviceable machines urgently.
- Compare rates, makes, models, finance products.
- Structure financing preferences to suit individual requirements.
- Online convenience – get estimates on-site, at field days, at auctions.
How do you use Easy’s Equipment Loans Calculator? Very Simple, Very Quickly
Using our calculation device is extremely simple and exceptionally fast with only a few steps required to generate repayment estimates for comparison, planning and consideration. The fields are clearly marked, and users have complete control over the figures they enter.
The loan total can be the purchase price of the machinery, as many businesses will be seeking no deposit financing. Where additional costs – upgrades, accessories, delivery, installation, are included on the supplier invoice, they can generally be included in the finance. Include those expenses in the total required, if desired. If using the value of a trade-in to reduce the purchase price, allow for that amount when entering the finance total.
Enter the interest rate for your choice of credit facility. Use our current rates for planning purposes or enter rates sourced from other lenders. Chattel Mortgage and CHP attract the same rate which are lower and different from Lease and Rent-to-Own.
Terms of up to 7 years can be achieved on asset loans. Enter a term that suits the life cycle of the machine or the ownership cycle if desired. A longer term will result in a lower monthly payment than a shorter term.
The balloon field allows for balloons and residuals to be structured into the solution at this estimation stage. Do not deduct a balloon value from the finance total, the device handles that computation.
With all fields filled, the estimated monthly repayment based on those values is displayed. To compare other machines, other terms, other balloons, other interest rates, simply enter the value and note the resulting repayment estimate.
The whole process can take a few seconds to obtain extremely useful information to support asset acquisition and financing decisions. Start estimating now!
- Fast functionality – obtain repayments in seconds.
- Convenient online accessibility – use when and where you choose.
- Simple operation – enter a few figures to get your result.
Follow Through Equipment Loans Calculator Results with Fast Quotes & Approvals
Easy Equipment Finance supports operators with expert lending services. Our streamlined application system provides convenience and simplicity when applying for finance. Upload your details for one of our brokers to individually handle your requirements.
We’ll source you the best rates and negotiate with our lenders to structure the solution to best meet your personal preferences, as planned with the calculating device. Approvals can be received in as little as 24 hours. To follow through on your calculated estimates, request a quote from Easy!
Most Frequently Asked Questions About Equipment Finance
Is GST included in repayment estimates obtained with an online loans calculator?
No. GST is applied to Lease and Rent-to-Own payments but not to Chattel Mortgage and CHP. The device does not include GST, this will be added where appropriate, when the finance contract is prepared.
Can Low Doc Loans be estimated with an equipment loans calculator?
Operators requiring low doc financing can use a calculator as a guide. Rates, terms and finance totals can vary for this type of product and will be dependent on individual applications and lender criteria.
What types of finance does an equipment loans calculator calculate?
An online business asset calculating device can be used to obtain estimates on all types of commercial credit facilities – Lease, Chattel Mortgage, Rent-to-Own and Hire Purchase. Users can enter the interest rate which corresponds to their choice of credit facility.
What is the balloon to enter on an equipment loans calculator?
A balloon is an end-of-term lump sum payment which is applicable to Chattel Mortgage and CHP. Users of the device can enter their preferred balloon value. Balloon percentages may be subject to lender approval. Leasing provides a residual which is subject to ATO rulings.
What is the eligibility for business operators to use an equipment finance calculator?
All types of commercial enterprises can use an asset finance calculating device. This includes sole traders, SMEs, corporations, partnerships and others.
With an online calculator, how can I compare Chattel Mortgage with a Lease?
To compare repayments on Leasing with repayments on Chattel Mortgage, enter the different interest rates applicable to the credit facility. Note the difference in repayments. Chattel Mortgage typically attracts a lower interest rate than Leasing.
I want a balloon, do I subtract the amount when I enter the amount required for the loan?
No. When opting for a balloon with Chattel Mortgage or CHP, do not deduct the value of the balloon from the total finance required. The device will carry out the necessary computations.
What types of equipment are suitable when using an online loan calculating device?
Finance for all types of business assets may be estimated using a finance calculating device. Users should be mindful that used goods may attract different rates and terms from new goods.
Can sole traders use an equipment loans calculator?
Yes. To be eligible for commercial credit, operators must have an ABN. If a sole trader holds an ABN, they are eligible for business finance and using an asset finance calculator for estimates.
If rates vary with credit scores, how do I know what interest rate to use with an online finance calculator?
Online finance calculation devices are provided to obtain estimates only. For the purpose of obtaining estimates and making general comparisons, users can use the interest rates as displayed by the provider of the device, or rates from other lenders.
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