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Compare, Estimate, Plan with Commercial Business Car Loan Calculator

We assist buyers plan their vehicle purchases with our online credit calculation device. This is an invaluable resource and buying tool which allows operators to estimate repayments with different credit products, compare different vehicle price points from a funding perspective and plan preferences for credit with term, no deposit and balloon options. 

Operators can use the device for as many vehicles as being considered and see how the credit payments may differ for different prices. The device enables operators to prepare budgets for upcoming vehicle acquisitions to ensure the purchase will work with cash flow. An invaluable buying tool which is supported with our highly skilled brokers to source lower rates and workable funding on work vehicle acquisitions.

Business Finance Compare, Estimate, Plan with Commercial Business Car Loan Calculator
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Get Interest Rate Comparisons with Commercial Car Loan Calculator

With interest rates varying with vehicle credit products, our calculation device makes it easy to compare the options. With our vast coverage of, and leverage within the vehicle lending market we consistently achieve lower rates across all options. Enter the price of the vehicle being considered and instantly compare the options. For a specific quote, contact us directly. No referral is necessary to use our broker services.

Loan Amount Loan Term
Loan Product Interest Rate Monthly Repayment
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Disclaimer: The comparison rate displayed is calculated for a loan of $30,000 over 5 years. The results from this calculator should be used as an indication only. Quoted repayments are based on advertised rates and do not include lender fees and charges. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you speak with us so that we can provide you with advice that is tailored to your situation.

30 September

Today's best rate

Finance Equipment From

4.99 % Fixed

* The interest rate is calculated on a secured loan for commercial use, effective 30/09/2023 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.

30 September

Today's best rate

Finance Equipment From

4.99 % Fixed

* The interest rate is calculated on a secured loan for commercial use, effective 30/09/2023 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.

Demystifying the Commercial Car Loan Calculator
What is a Commercial Car Finance Calculator?

The optimum benefit of using our credit computation device can be realised through appreciating and understanding the features and functionality. The device completes calculations based purely on the values entered by the user. It is free to use and can be used as many times as required with no obligation to proceed further.

The purpose is to provide a simple to use resource so buyers can compare vehicles at different price points; compare repayment estimates for different credit products; plan how they would like their funding structure; make decisions around whether or not to pay a deposit; and to easily obtain a rough idea of what their vehicle credit repayments may be.

The device does not allow for lender fees and charges. These can vary depending on the lender, the type of credit and other aspects. The device does not have the functionality to assess the creditworthiness of the user or to make allowances for individual aspects of the application which may impact any offer.

Users are directed to the disclaimer. Used correctly, this device can be an extremely useful resource for vehicle buyers requiring funding.

  • Calculate estimated repayments instantly.
  • Compare different vehicle finance options.
  • Compare finance on different vehicles.
  • Plan commercial car loans.
  • Calculate estimates for all types of vehicles.

Maximise Your Car Financing Insights
How to Use a Commercial Car Loan Calculator

No special skills are required to use the device. Start by entering the funding amount required. If using an advertised vehicle price, ensure allowance is made for dealer delivery charges and any other extras required. The interest rate to enter for the purpose of obtaining this estimate can be the rate we are displaying for the preferred credit product.  As rates can vary based on individual applications, users can enter a higher rate as a contingency element.

If looking to compare credit options, repeat the process for the different interest rates for Chattel Mortgage, Lease and CHP.

With the loan term, we can provide terms of up to 84 months on vehicle funding. Users can enter whatever term they prefer.

A field is provided to enter a balloon. This is the percentage of the loan amount entered which is set aside and due for payment after the last repayment is finalised. A balloon applies to CHP and Chattel Mortgage. The same concept – a residual, applies to Lease. A balloon is optional.

If selected a balloon, it is not necessary to deduct this amount from the total loan amount. The device will make that computation.

With all fields entered, click calculate and an estimate monthly repayment will be shown. Note that as there is no memory in the device, write down the results for reference. To get a different repayment amount, simply change the loan amount, the term or the balloon.

  • Enter different rates to compare Chattel Mortgage, Lease and CHP.
  • Change balloon to plan finance structure.
  • Change loan amounts to compare different vehicles.

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Get Comparisons of Chattel Mortgage, Lease, CHP with Commercial Car Loan Calculator

The selection of vehicle funding products – Chattel Mortgage, CHP and Leasing, have varying interest rates. Using the computation device allows operators to quickly make the necessary calculations to compare the different options.

  • Compare Vehicle Leasing with Chattel Mortgage.
  • Compare Car Commercial Hire Purchase with Car Leasing.
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Get Confirmed Quotes for Commercial Car Loans

With decisions made using the calculation device, buyers can contact us for a confirmed quote. Approvals and quotes can often be provided within 24 hours. Our broker services are available to all types of enterprises including sole traders, self-employed, SMEs and large companies. No referral is required, simply call or request a quote online.

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FAQs
Commercial Car Financing Calculator

An online vehicle credit calculation device only provides estimates based on the data entered. It does not include lender fees and charges or take into account variations in credit profiles of users. The results obtained are only estimates. Any quote or offer can be different from the calculated results.

No. Most lenders provide vehicle credit calculation devices as a service which carries no obligation.

No. Using an online credit calculation device is not a finance application and the results displayed are not an indication of approval or any offer.

To compare Chattel Mortgage repayments with Lease payments using a credit calculator, simply input the different interest rates for each credit product.

Yes. Credit calculation devices are suited to both new and used vehicles. Users should be mindful that used vehicles may attract a different interest rate.

The interest rate offered to an individual applicant will be subject to lender assessment of the application. For the purpose of obtaining estimates with a credit calculator, users can enter the rates displayed by the provider of the calculator. A higher rate may be entered to allow for a contingency factor.

Estimates on financing all types of vehicles to be used in a business enterprise can be obtained using an online credit calculation device.

There is no limit to how many different calculations can be made on an online device.

Typically there is no fee involved in using a credit calculation device as available online.

Where the result is higher than preferred, users can enter a lower loan amount, a longer financing term or a larger balloon. Being mindful that all these figures will be subject to lender approval.

A balloon relates to Chattel Mortgage and CHP and a residual to Leasing. It is the amount of the total loan requested which is set aside for payment after the final repayment is made. It is optional.

Typically an online credit calculation device does not have a memory function. The results obtained are deleted when a new calculation is started or the browser closed.