Easy Truck Loan Calculator
Use Easy’s Truck Loan Calculator for Fast Estimates to Plan, Prepare, & Compare. Get Your Estimates Now with Easy’s Truck Loan Calculator!
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.
Easily Compare Rates, Lenders & Credit Options with Our Truck Loan Calculator
Use our device to quickly convert heavy vehicle financing interest rates to monthly payments to compare lenders and to see which is the most competitive and affordable. The process can also be carried out with the different rates on Rent-to-Own, Chattel Mortgage, Leasing and Commercial Hire Purchase to compare and plan your preferences.
Carry out as many calculations as you want, to make as many comparisons as you want, by simply entering a different interest rate. Want the most competitive vehicle financing interest rates? Use our current rates to calculate estimates and request a quote for the best rates we can source for you.
Our access to more than 80 lenders provides us with the necessary resources to find the most competitive rates in the lending market. Our lenders include major banks, other banks, and non-bank lenders that specialise in financing heavy vehicles. We save operators time by covering the market quickly and efficiently to deliver them, the best interest rate finance to meet their specifications and credentials. Request a quote for our experts to find you the best available vehicle financing quote.
- Compare rates from banks, other lenders.
- Calculate rate estimates for Leasing, CHP, Rent-to-Own, Chattel Mortgage.
- Compare Easy’s competitive rates from 80+ lenders.
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Considering upgrading to a new vehicle? Need to replace an ageing fleet? Use our online financing calculation device to assist with the planning process by quickly generating finance estimates.
This flexible, easy-to-use tool can be extremely helpful to quickly compare finance on different vehicle makes and models, assess used with new vehicles, diesel with EVs, and to compare lenders and interest rates.
The device is provided free of charge and is conveniently accessible 24/7 right here, online. Start estimating and for a quick quote based on your specific credentials, upload your details.
Quickly Get Workable, Meaningful Figures to Support Buying Decisions Using Truck Loan Calculator
Make the process of selecting a vehicle within budget faster and easier by quickly converting purchase prices to monthly finance repayments. Compare repayments on models from different manufacturers based on pricing. Consider repayment differentials between loans for new and used models. Assess the move to an EV or a larger vehicle based on monthly finance costs. Use the purchase price as the finance total required to calculate the monthly repayment estimate for any vehicle.
With total user control, our device provides operators with optimum flexibility to carry out calculations based on any, and many, different finance options. Every field can be changed by entering another figure to work out repayments based on varying rates, terms and balloons. Vary the finance required total to assist with decisions on making a deposit or applying for no deposit financing. Work up meaningful figures to support major asset acquisition decisions for your business.
As specialists in commercial financing, we provide not only asset acquisition funding but also heavy vehicle refinancing services. The calculation device can be used to assist operators to assess their options when considering refinancing an existing heavy vehicle finance arrangement. When calculating refinance repayments, be mindful that the total required will need to include any lender fees for finalising the existing arrangement early and establishing the new funding, and that used vehicle interest rates will apply. The device has the flexibility to allow for these variations, with users deciding on the figures to enter in each field. Calculate options for the same or a different credit facility, quickly and easily.
Guesstimates may be useful in some business scenarios. But when it comes to preparing asset investment budgets, estimates generated with a credit calculation device may provide much better guidance for major decisions. Estimates on many options can be generated to see what terms will work with ROI targets, what repayments will work with projected cash flow. Easily access workable figures to prepare your budgets with our finance estimating tool.
When large-scale, high-cost repairs or systems upgrades are required, we offer operators funding through secured and unsecured credit facilities. These may be used for reconditioning engines, installing new technical systems, installing systems to meet new compliance, mechanical and body repairs not covered by insurance, and major scheduled services. Estimates can be calculated for these credit facilities by entering the appropriate rate or contacting us for a quote.
Convert Price to Payments, Compare Makes, Models, New, Used
Make the process of selecting a vehicle within budget faster and easier by quickly converting purchase prices to monthly finance repayments. Compare repayments on models from different manufacturers based on pricing. Consider repayment differentials between loans for new and used models. Assess the move to an EV or a larger vehicle based on monthly finance costs. Use the purchase price as the finance total required to calculate the monthly repayment estimate for any vehicle.
Versatile Device, Optimum Flexibility & User Control
With total user control, our device provides operators with optimum flexibility to carry out calculations based on any, and many, different finance options. Every field can be changed by entering another figure to work out repayments based on varying rates, terms and balloons. Vary the finance required total to assist with decisions on making a deposit or applying for no deposit financing. Work up meaningful figures to support major asset acquisition decisions for your business.
Assess Heavy Vehicle Refinancing Options
As specialists in commercial financing, we provide not only asset acquisition funding but also heavy vehicle refinancing services. The calculation device can be used to assist operators to assess their options when considering refinancing an existing heavy vehicle finance arrangement. When calculating refinance repayments, be mindful that the total required will need to include any lender fees for finalising the existing arrangement early and establishing the new funding, and that used vehicle interest rates will apply. The device has the flexibility to allow for these variations, with users deciding on the figures to enter in each field. Calculate options for the same or a different credit facility, quickly and easily.
Structure Finance, Prepare Acquisition Budgets
Guesstimates may be useful in some business scenarios. But when it comes to preparing asset investment budgets, estimates generated with a credit calculation device may provide much better guidance for major decisions. Estimates on many options can be generated to see what terms will work with ROI targets, what repayments will work with projected cash flow. Easily access workable figures to prepare your budgets with our finance estimating tool.
Estimate Loans for Vehicle Repairs, Systems Upgrades
When large-scale, high-cost repairs or systems upgrades are required, we offer operators funding through secured and unsecured credit facilities. These may be used for reconditioning engines, installing new technical systems, installing systems to meet new compliance, mechanical and body repairs not covered by insurance, and major scheduled services. Estimates can be calculated for these credit facilities by entering the appropriate rate or contacting us for a quote.
Improve Budget Preparation, Clarify Buying Decisions with Truck Loan Calculator Estimates
- Truck Loan Calculator for all heavy vehicle financing.
- Calculate repayment estimates for all business set-ups.
- Online access, 24/7 availability, Australia-wide.
- Simplify asset acquisition budget preparation.
- Assess affordability of different vehicle models.
Simple 4 Step Operation Truck Loan Calculator – User-friendly, Easy, Free
Our calculation device is not only easily accessible online it is also easily used. Users do not require any specific commercial financing knowledge or maths skills. The format reflects online forms with only four figures required to be entered to get the information required to support decisions for your business.
Each field is clearly marked, and users decide what figures to enter in each one. The financing required is entered in the total field. Many commercial enterprises can be approved for no deposit financing. If 100% finance is required, enter the complete purchase cost, including extras and accessories, as the total.
For the appropriate interest rate to enter, refer to our current rates, or use a rate sourced from another lender to compare. Ensure the rate is for the preferred credit facility – Leasing, CHP, Chattel Mortgage or Rent-to-Own.
Terms on heavy vehicle financing are available for up to 7 years. Enter the term that aligns with the ownership cycle or will deliver a repayment amount in line with cash flow requirements. The balloon field is an option for CHP and Chattel Mortgage and allows a percentage of the total to be finalised after the last monthly repayment is made.
With all fields filled, the monthly payment based on those figures is displayed. Where the repayment estimate is over budget, change the term, balloon or total until the estimate meets expectations. Start generating your estimates and making your comparisons and contact us when you are ready for a quote.
- Simple online format.
- Easy use, fast operation.
- Quick calculation of finance estimates.
Quick Quotes, Simple Truck Loan Applications, Fast Approvals with Finance Experts
Ready to proceed to the next stage? Contact our expert brokers for a quick quote or to start your finance application. We’ve streamlined the process with online and phone application services available and our specialist brokers to manage your requirements. We’ll advise the documents and details required for your specific finance and source you the most competitive rates from our vast lender network.
Does the quote meet your expectations? Approvals can be received within 24 hours and we’ll assist with prompt settlement. Request a quote or apply by uploading your details.
Most Frequently Asked Questions About Truck Finance
I’m starting a new business and need truck finance. Can I get estimates using an online finance calculator?
Businesses with an ABN are eligible for commercial credit and can use commercial financing calculators. New operators may require no docs or low docs funding and different interest rates may apply to established businesses. Calculators can be used to generate estimates to be used as a guide.
What is the interest rate I should enter to calculate Lease repayments?
To use an online calculation device, operators can source interest rates for their choice of credit facility, including Lease, from the provider of the device or from other lenders.
How do I get estimates for financing a B-double with trailers?
Where a B-double is being acquired with the trailers as a single purchase, the total purchase price may be used as the financing required. Where trailers and prime movers are purchased as separate acquisitions, two loans will be required. Separate calculations can be made for each of the loans.
What is the maximum loan amount which can be used in an online repayment calculator?
Unless others indicated by the provider of a finance calculation device, there is no maximum limits on financing totals. When an application for finance is made, lenders will assess the application and establish the maximum borrowing limit for that business.
Will I need to add GST to the repayment estimates I’ve calculated?
Online finance calculators to not include GST in the monthly repayment estimates. GST does apply to monthly Lease and Rent-to-Own payments, but not to CHP and Chattel Mortgage repayments.
Does a truck loan calculator generate estimates for all loan products?
Yes. Online finance calculators are generic devices and compute outcomes based purely on the numbers entered. These can include rates for Chattel Mortgage, Rent-to-Own, CHP and Leasing as well as other commercial credit products.
What is a balloon?
A balloon is a percentage of the amount borrowed which is designated for payment in full after the final monthly payment is made. A balloon applies to Chattel Mortgage and CHP and is an option. Most businesses opt for a balloon. It can be used to effectively reduce monthly payments to meet cash flow demands.
Can I get estimates for borrowing the full purchase price of a heavy vehicle?
Yes. To get estimates on no deposit financing, enter the full cost of the vehicle as the total required. Approval of no deposit financing is subject to the lender assessment of the application, the business credentials and credit history.
What finance term do I enter in a truck loan calculator?
Heavy vehicle loans can be approved for terms of up to 7 years or 84 months. When generating estimates, operators can enter 7 years as the term or any other timeframe which may be in line with the projected ownership timeframe.
Can I get estimates on a used vehicle with a truck loan calculator?
Used vehicle loans can be estimated with online financing calculators. Different interest rates and approved total loans may apply to used, compared with new vehicle loans. Users should be mindful of these points when calculating estimates.
Let Easy Truck Finance simplify the process by taking care of the complicated steps for you
