Equipment Finance Calculator
Estimate repayments on financing business equipment, machinery or vehicles — with optional deposit and balloon.
Estimated repayment per month
$1,641.32
Ready to take the next step?
We can connect you with a licensed specialist from our network who can discuss options relevant to your circumstances.
Estimate the cost of financing business equipment
From excavators and trucks to commercial kitchens, medical equipment and IT hardware, financing lets you acquire the assets your business needs without paying the full cost upfront. Enter the equipment cost, any deposit, an interest rate and a term to see estimated repayments and total interest — a useful starting point when you're weighing up a purchase.
Equipment finance in Australia is often arranged as a chattel mortgage, where you own the asset from the outset and it acts as security for the loan. Other structures include finance leases and hire purchase, each with different ownership, repayment and tax treatments. The right choice depends on your circumstances, so this information is general only — a licensed specialist can explain the differences.
Tips for financing equipment
- Match the finance term to the working life of the asset so you're not paying for equipment you've retired.
- A deposit or trade-in reduces the amount financed and your repayments.
- A balloon payment lowers repayments but leaves a lump sum owing at the end.
- Ask about establishment and ongoing fees, which this estimate does not include.
- Speak to your accountant about the tax and GST treatment of the structure you choose.
When you're ready, Asset Connect Australia can connect you with an independent equipment finance professional who may discuss provider options. Eligibility, pricing and any costs are determined by the provider.
Related Reading
Guides from our blog that pair well with this calculator.
How Does Equipment Finance Work?
A practical Australian guide to funding plant, machinery and business equipment, from choosing a structure to preparing an application and planning the final payment.
Equipment Finance GuideFinancing Used Equipment: What Businesses Should Consider
Buying used machinery can preserve capital, but age, condition, valuation, security interests and downtime risk all affect an Australian equipment-finance decision.
Truck Finance GuideHow Does Truck Finance Work in Australia?
A practical Australian guide to truck finance: structures, deposits, terms, balloons, application documents and what can happen after an enquiry.
Frequently Asked Questions
This calculator provides estimates only, based on the figures you enter, and is intended as a general guide. It does not take your personal circumstances into account and is not financial advice, credit assistance or an offer of finance. Actual repayments, rates, fees and approval outcomes are determined by lenders and licensed professionals. Asset Connect Australia is a referral platform only — we can connect you with appropriately licensed professionals who can assess your circumstances.