Calculate your repayments
Estimates only, using a standard amortisation formula. Excludes lender fees, broker fees and stamp duty (where applicable). Your rate depends on your credit profile, asset and deposit — it is not an offer of finance.
How to read the results
The monthly figure is not the cost of the loan. Two deals with identical repayments can differ by tens of thousands in total cost once the balloon lands. Always compare the total cost of finance line — repayments plus balloon — and remember the balloon is a real debt due on a real date, typically covered by paying out, refinancing or selling the asset.
Choosing inputs honestly
- Rate: use the tiers in our rates guide for your profile rather than the advertised-special number.
- Balloon: set it at or below the asset's realistic value at term end. 30% on a 5-year-old prime mover over 5 years is defensible; 40% on a hard-worked tipper isn't.
- Term: match the asset's earning life — see the age-at-term rules in the truck finance guide.
This calculator excludes lender establishment fees, monthly account fees, brokerage and stamp duty (where applicable) — a broker's formal quote includes all of them.
Frequently asked questions
Why is my broker's quote different from the calculator?
Formal quotes include establishment and account-keeping fees and use your actual approved rate. The calculator is an amortisation estimate for comparing structures, not an offer.
Weekly or monthly repayments?
Most lenders offer both; weekly aligns better with transport cash flow. Weekly is approximately the monthly figure ×12 ÷ 52.
What balloon should I choose?
At or below the asset's realistic end-of-term value. Your broker can benchmark against auction resale data for your exact asset and usage.
Get a free truck & equipment finance quote
Takes 60 seconds. No credit check to enquire. A licensed broker compares lenders and calls you back — usually same business day.