Easy Equipment Finance Calculator
Estimate Finance Yourself with Our Online Equipment Loan Calculator – Fast, Convenient, Simple to Use. Estimate Your Equipment Finance Requirements 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.
Practical, Functional Equipment Loan Calculator for All Types of Assets, Businesses, Finance Products
The versatility of our calculating device enables estimates to be generated for all types of business assets – yellow and wheeled goods used in construction and earthmoving, agricultural machinery, plant for manufacturing and engineering, medical equipment devices, processing systems, technology, a wide range of general business requirements, retail fittings, and many others. All commercial enterprises, from self-employed owner-operators through to large corporations, can use the device to estimate their asset financing.
The practicality of the device allows for quick estimating of the full selection of asset acquisition finance facilities – Chattel Mortgage, CHP, Rent-to-Own and Leasing. Simply change the interest rate to obtain the estimate for each credit facility and compare your options. Rates are individually assessed and offered. Device users can use our current rates as a guide for estimating and note how competitive Easy is in sourcing the best rates.
At Easy Equipment Finance we source the best rates to meet individual profiles from across 80+ lenders. Our lender selection includes non-bank lenders that specialise in certain lending sectors and can be more flexible with approval criteria and negotiating on rates, terms and conditions. To have the best asset finance interest rates sourced for you, connect with our experts.
- Estimate asset finance on all plant and machines across all industries.
- Estimate and compare Lease, Chattel Mortgage, CHP, Rent-to-Own.
- Estimate repayments with Easy’s competitive interest rates.
Read more...
- Need to replace broken machinery quickly and need quick answers on finance?
- Preparing forecasts and budgets for asset acquisitions and don’t want the bother of getting quotes?
- Looking to assess affordability before proceeding to purchase a new plant?
- Prefer to evaluate your options before involving a lender?
- Want the privacy to confidentially plan your machinery finance?
Our online asset finance calculator allows business owners to quickly and easily calculate their own finance estimates. Bringing the convenience and privacy of sourcing estimates to plan, evaluate and consider into the office, onto the work site, into the factory, workshop or home office. The device has functionality to allow a range of financing options to be calculated and compared in seconds.
Find out how fast and convenient our device is – start calculating estimates now!
Easily Generate the Figures You Need with Easy’s Equipment Loan Calculator
Establish the affordability of individual machines for your business in seconds by converting the price to repayments in 4 quick steps. Enter the purchase price, the rate for your choice of finance product, preferred term and balloon, and instantly see the estimate of monthly repayments. Great tool for quick estimates on the go – at field days, out in the fields, in dealer showrooms, at auctions, and on site. Quickly assess the cost-effectiveness of the purchase with ROI targets and affordability with turnover.
Users have full control of all values entered into all fields. Allowing flexibility to make multiple comparisons to support acquisition decisions. Change the interest rate to compare lenders. Change the rate to compare repayments on different credit facilities. Change the finance total required to all for trade-ins and downpayments. Change the term to compare ownership and life cycles. Change the balloon to compare your options. You’re in charge, so start making your comparisons.
The flexibility and user control of the device empowers operators to work up different finance combinations to establish a structure – term, rate, balloon, total, that works for their individual ROI objectives. If opting for a balloon payment, the device will carry out the computations to allow for that amount when estimating the repayments – users should not subtract balloon values from total finance entered. Generate as many combinations as required to establish the solution that works for your operation.
Many businesses need to prepare budgets for upcoming acquisitions for board, management, or partner approval and/or to ensure the investment will work with cash flow and revenue projections. If planning machinery upgrades to achieve improved efficiency, fleet expansion to take on new work, or needing to make a quick purchase to replace broken machines, the device delivers fast figures to simplify the process.
Easily weigh up your options based on finance estimates by comparing machines and systems from different manufacturers, different models, and the inclusion of additional accessories with your purchase. Compare the cost of including attachments on farm machinery in the finance. The repayments with new tech inclusions. Compare new fuel system units from different suppliers. Compare pricing from different dealers. Do it all yourself, even when in a showroom or attending a field day.
Price-to-Payments in Seconds for Quick Estimates, Quick Comparisons
Establish the affordability of individual machines for your business in seconds by converting the price to repayments in 4 quick steps. Enter the purchase price, the rate for your choice of finance product, preferred term and balloon, and instantly see the estimate of monthly repayments. Great tool for quick estimates on the go – at field days, out in the fields, in dealer showrooms, at auctions, and on site. Quickly assess the cost-effectiveness of the purchase with ROI targets and affordability with turnover.
Carry Out Multiple Comparisons
Users have full control of all values entered into all fields. Allowing flexibility to make multiple comparisons to support acquisition decisions. Change the interest rate to compare lenders. Change the rate to compare repayments on different credit facilities. Change the finance total required to all for trade-ins and downpayments. Change the term to compare ownership and life cycles. Change the balloon to compare your options. You’re in charge, so start making your comparisons.
Establish Workable Finance Structure to Meet ROI
The flexibility and user control of the device empowers operators to work up different finance combinations to establish a structure – term, rate, balloon, total, that works for their individual ROI objectives. If opting for a balloon payment, the device will carry out the computations to allow for that amount when estimating the repayments – users should not subtract balloon values from total finance entered. Generate as many combinations as required to establish the solution that works for your operation.
Prepare Asset Acquisition Budgets with Cost-effective Repayments
Many businesses need to prepare budgets for upcoming acquisitions for board, management, or partner approval and/or to ensure the investment will work with cash flow and revenue projections. If planning machinery upgrades to achieve improved efficiency, fleet expansion to take on new work, or needing to make a quick purchase to replace broken machines, the device delivers fast figures to simplify the process.
Compare New Systems, Different Brands, Model Options, Accessories and Extras
Easily weigh up your options based on finance estimates by comparing machines and systems from different manufacturers, different models, and the inclusion of additional accessories with your purchase. Compare the cost of including attachments on farm machinery in the finance. The repayments with new tech inclusions. Compare new fuel system units from different suppliers. Compare pricing from different dealers. Do it all yourself, even when in a showroom or attending a field day.
Quickly Obtain the Figures to Structure, Plan, Assess and Budget Using Equipment Loan Calculator
- Convert machine prices to repayment estimates at point of purchase.
- Structure finance to work with ROI, revenue targets, cash flow.
- Prepare budgets for upcoming asset investments.
- Assess different machinery manufacturers, models.
- Compare interest rates and lenders, credit facilities.
User-friendly Equipment Loan Calculator – Simple, Fast, Efficient
We’ve designed our calculating device with a focus on business operators. Ensuring the operations are user-friendly to provide fast, simple use and the utmost efficiency. Obtaining repayment estimates takes only 4 quick steps. The fields designate what item to enter, and the user has full control over what value to enter.
The financing total is the amount required. Easily allow for trade-ins, attachments and accessories, delivery and installation charges, and for no deposit financing.
The interest rate should correspond to the selected finance product. Refer to our rates to use as a guide or enter a rate sourced elsewhere to compare.
Terms on asset acquisition finance are available for up to 7 years. Users can enter a value to suit the life cycle of the asset or their ownership period preference.
The inclusion of a balloon allows operators to have this automatically factored into the repayment estimate by the device.
When all the values are entered, the monthly repayment for that combination of figures is displayed. Change any or all entries to obtain different results to compare. Use as many times and for as many machines as required with no cost or obligation involved. Start generating the figures you need to make your asset acquisition finance decisions.
- Efficient use – 4 quick steps to repayment estimates.
- User-friendly – full control of all values entered.
- Fast and simple – no specialist lending expertise required.
Ready to proceed to the next stage? Get Quick Quotes, Fast Approvals with Easy
With comparisons, assessments and evaluations completed with the calculator, operators can continue to experience efficiency, speed and an individual approach with Easy’s finance application processes. Our experts handle each request on a personal level.
Sourcing the best interest rate quote, customising finance to suit individual objectives, and negotiating to achieve specific preferences. Simply upload your details for a quick quote. Many operators will receive approval of their application within 24 hours.
Request a quote or apply for asset finance now!
Most Frequently Asked Questions About Equipment Finance
Do I need to allow for GST in the estimates generated with a finance calculator?
GST on repayments applies to Rent-to-Own and Leasing, not to Chattel Mortgage and CHP. The calculator does not include GST when estimating repayments. If applicable to the selected finance product, users can make their own allowance for GST when the obtain references.
I’m setting up as an owner operator, can I calculate estimates for my front-end loader?
Yes. All enterprises with an ABN can use finance calculators to generate estimates. New operators should be mindful that they may require low doc or no doc finance. This may attract a different interest rate than for established operators. Lender approval will be required for borrowing limits and terms and other conditions may apply. Requesting a quote is preferable to obtain a specific figure.
What is the type of loan that an equipment finance calculator estimates?
A finance calculating device can estimate all types of financing products including Chattel Mortgage, Leasing, CHP and Rent-to-Own. Users enter the appropriate rate for their choice of product to obtain the relevant figures.
What is the field for a balloon on a calculator used for?
Balloon payments are an optional feature with Commercial Hire Purchase and Chattel Mortgage. A similar end-of-loan final payment is available for Leasing with a residual. Device users can enter their preferred balloon to have this amount factored into repayment estimates.
What types of businesses can use a finance estimating device?
To be eligible for commercial credit, operators must have an ABN. All businesses that are eligible for commercial credit can use a finance estimating device. The device is generic and can apply to loans for all sizes and types of business set-ups.
How do I compare Leasing with CHP or Chattel Mortgage with an estimating device?
To assess suitability of credit facilities, a business should consider the features and suitability to their accounting measures and objectives. Lease and CHP both suit the accruals method of accounting and can be compared using a device by simply entering the appropriate interest rate. Chattel Mortgage is only compatible with the cash accounting method.
How do I calculate estimates for financing IT hardware and software?
To estimate IT requirements, businesses may need to first ascertain if the purchases are considered assets suitable for use as collateral. That can determine the type of finance product required and the correct interest rate to enter. Hardware is typically accepted as collateral and estimates can be calculated with Chattel Mortgage, Lease, CHP or Rent-to-Own rates. Software may be financed with these facilities, or a Business Loan may be required. Users can generate estimates with different finance products to consider various options.
Can estimates on financing medical devices be obtained using an online calculator?
Yes. The device is generic in nature and may be used to generate estimates on all types of business assets.
Can used agricultural machinery loans be estimated using a calculator?
Yes. Used machine finance can be estimated with a calculating device. Users should be aware that the interest rate, loan term and possibly borrowing total, can differ for new and used assets. Used assets need to be accepted as suitable collateral to be financed with Lease, Chattel Mortgage, CHP or Rent-to-Own. Unsecured Business Loans are available where collateral is not available.
Where do I find the interest rates to use with an equipment loan calculator?
Rates on asset acquisition finance are individually offered based on the assessment of the application. For the purpose of generating estimates, device users may use the rates as advertised by the provider of the device, or by any other bank or lender. The results obtained are intended to be used as a guide only.
Let Easy Truck Finance simplify the process by taking care of the complicated steps for you
