Easy Truck Finance Calculator
Get Quick Loan Estimates Before Buying or Applying with Our Truck Finance Calculator. Start Estimating Your Loan with Our Truck Finance 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.
Our Truck Finance Calculator Makes Easy Work of Comparing Interest Rates, Credit Products
The loan interest rate can be critical to the overall cost and viability of a vehicle investment. With rates varying across the commercial lending sector and with asset acquisition credit products, our device makes it easy to make quick rate comparisons. By entering a few figures, the device quickly delivers a monthly repayment estimate based on the interest rate entered.
Allowing business owners to easily compare rates from different lenders and to compare repayments for different loan products. Simply enter the applicable rate for Chattel Mortgage, Lease, Commercial Hire Purchase and Rent-to-Own with separate calculations and compare the repayments. As a starting point, use our latest rates as a guide to what may be achieved through Easy, and as a guide to how competitive we are in the heavy vehicle lending sector.
Asset acquisition credit facility rates and rates for other loans such as for vehicle repairs, vary across the market. Finding the best rate currently available can be tiresome and time-consuming. Or you can simply request your best rate from Easy. We find operators the best rates from across our extensive 80+ lender base. A base that includes the major banks and heavy vehicle non-bank lenders. To find your best rate based on your credentials and vehicle purchase, request a quote from Easy!
- Compare interest rates from different lenders.
- Compare Rent-to-Own, Chattel Mortgage, Lease, CHP.
- Compare our competitive interest rates – 80+ lender market.
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Reduce the time to buy new vehicles and increase buying confidence by calculating loan estimates before buying or applying for a loan. Our fast and simple-to-use calculation device can be used to get quick figures on financing all types of vehicles, comparing different models, making quick calculations while bidding at auctions, and to plan major asset acquisitions.
The device is available online for easy 24/7 access Australia-wide and requires no special financial or maths skills. Calculate the figures you need to make business decisions in a few steps, in a few seconds.
Quickly, Easily Make Buying & Borrowing Plans with Easy’s Truck Financing Calculator
Simplify the buying process by quickly estimating the monthly loan payment on any vehicle. Compare repayments on the new model with a second-hand version. Get loan comparisons to assist with decisions around upgrading from a light to a medium-duty model. See the difference in repayments when including the trailer with a heavy-duty vehicle in the same loan. Assess the affordability of transitioning to an electric powered model. Use the vehicle price as the loan required and see the monthly commitment estimate in seconds.
Users have full control of the figures entered in the device, providing flexibility in generating estimates based on different combinations. The rate and term can be left constant while changing the loan total to compare vehicle prices. The total and term can be left the same while the rate is changed to compare credit facilities. The total, term and rate can be left unchanged while the balloon is changed to compare loan structures. Establish the terms and balloons that deliver a monthly outgoing in your ballpark. Make decisions on deposits. Start structuring your loan preferences now.
Our calculation device makes fast work of what could be a long process of requesting loan quotes – changing the price of a vehicle to a monthly loan repayment in seconds. By entering the price as the total loan required, the rate of the loan product, and the preferred term, vehicle prices are converted to loan repayments automatically. Compare different makes and models, make quick calculations when bidding at auction or negotiating with a dealer or private seller. The device is a convenient tool to support the vehicle purchasing process. Make your fast price to payment changes now.
Obtaining important information for vehicle purchase loans is no longer confined to an office environment or to standard business hours. Operators can calculate loan estimates when and where they want with our online loan calculation tool. Get quick estimates while waiting for your load, resting at a stop, while doing paperwork at the weekend. The device can be used by all types of businesses – SMEs, large corporations, owner-drivers, partnerships to generate estimates on all types of vehicles. Make buying and financing plans in your time, in your place.
In addition to financing the acquisition of new vehicles, we also provide funding for major vehicle repairs and refinancing existing loans. Repairs, major servicing, tyre replacements, engine reconditioning and similar maintenance costs may be financed with secured and unsecured business loans. Estimates can be calculated by using the appropriate interest rate with the device. Refinancing is available with Rent-to-Own, Lease, Chattel Mortgage and CHP. Calculate estimates to evaluate the affordability of these loans for your business.
Compare New, Used, EV, Light, Medium, Heavy-duty
Simplify the buying process by quickly estimating the monthly loan payment on any vehicle. Compare repayments on the new model with a second-hand version. Get loan comparisons to assist with decisions around upgrading from a light to a medium-duty model. See the difference in repayments when including the trailer with a heavy-duty vehicle in the same loan. Assess the affordability of transitioning to an electric powered model. Use the vehicle price as the loan required and see the monthly commitment estimate in seconds.
Flexible, Multi-Functional Loan Estimator
Users have full control of the figures entered in the device, providing flexibility in generating estimates based on different combinations. The rate and term can be left constant while changing the loan total to compare vehicle prices. The total and term can be left the same while the rate is changed to compare credit facilities. The total, term and rate can be left unchanged while the balloon is changed to compare loan structures. Establish the terms and balloons that deliver a monthly outgoing in your ballpark. Make decisions on deposits. Start structuring your loan preferences now.
Fast Changes – Vehicle Price to Loan Repayments in Seconds
Our calculation device makes fast work of what could be a long process of requesting loan quotes – changing the price of a vehicle to a monthly loan repayment in seconds. By entering the price as the total loan required, the rate of the loan product, and the preferred term, vehicle prices are converted to loan repayments automatically. Compare different makes and models, make quick calculations when bidding at auction or negotiating with a dealer or private seller. The device is a convenient tool to support the vehicle purchasing process. Make your fast price to payment changes now.
Online Accessibility, All Businesses, All Vehicles
Obtaining important information for vehicle purchase loans is no longer confined to an office environment or to standard business hours. Operators can calculate loan estimates when and where they want with our online loan calculation tool. Get quick estimates while waiting for your load, resting at a stop, while doing paperwork at the weekend. The device can be used by all types of businesses – SMEs, large corporations, owner-drivers, partnerships to generate estimates on all types of vehicles. Make buying and financing plans in your time, in your place.
Assess Affordability of Vehicle Repair Loans, Refinancing
In addition to financing the acquisition of new vehicles, we also provide funding for major vehicle repairs and refinancing existing loans. Repairs, major servicing, tyre replacements, engine reconditioning and similar maintenance costs may be financed with secured and unsecured business loans. Estimates can be calculated by using the appropriate interest rate with the device. Refinancing is available with Rent-to-Own, Lease, Chattel Mortgage and CHP. Calculate estimates to evaluate the affordability of these loans for your business.
Simplify Buying, Financing, Decision-Making Using Our Truck Finance Calculator
- Flexible calculator - all businesses, all vehicles.
- Convenient online accessibility, 24/7, Australia-wide.
- Simplify vehicle selection based on loan repayments.
- Calculate truck refinancing estimates.
- Estimate vehicle repair loans.
User-Friendly Truck Finance Calculator – Simple Process, Powerful Results
It can take as little as a few seconds to obtain the information required to make important business decisions. Our device is user-friendly, requiring just a few simple steps to get estimates on heavy vehicle loans. Estimates to draw comparisons on different lenders, different loan combinations, and different vehicle options. Type in the figures relating to the lender, loan or vehicle and the device completes the computations to display the monthly repayment based on those figures.
The loan total can be the full vehicle price, price less trade-in, or price plus trailer and accessories. The appropriate interest rate is the rate corresponding to the choice of credit facilities. Terms of up to 7 years are available, so enter the preferred term to achieve target ROI or align with the ownership cycle. If opting for CHP or Chattel Mortgage, type in the balloon preferred.
Note the repayment estimate then change any or all figures to estimate another vehicle or another loan combination. Start estimating and obtain information to assist with your vehicle financing.
- 4 Quick Steps to Finance Estimates.
- Delivering Useful Loan Information.
- Quickly Calculate Truck Loan Estimates.
Get Fast Truck Finance Approval – Expert Service, Competitive Rates, Workable Terms
Estimates in your ballpark? Keen to move on your vehicle acquisition? Easy’s expert financing services provide access to specialist brokers to source the most competitive rates and flexible terms to meet your specific requirements.
Our streamlined application process can be accessed by phone or online, with many approvals obtained within 24 hours. We handle the entire procedure, covering off on our 80+ lender base for the best rates and structuring a cost-effective financing solution.
Apply online now, or call for a no-obligation discussion with one of our brokers.
Most Frequently Asked Questions About Truck Finance
Are owner-operators eligible to estimate loans with a truck finance calculator?
Yes. All businesses with an ABN are eligible for commercial loans and can generate estimates using an online financing tool. This includes owner-operators, SMEs, partnerships, corporations, trusts and family enterprises.
What is the right interest rate to use to calculate loan estimates?
When using an online loan estimating device, users need to enter the interest rate pertaining to their choice of credit facility – Chattel Mortgage, Leasing, CHP, Rent-to-Own, or loan products. Users can refer to the rates displayed by the provider of the device to use as a guide.
Can I calculate a loan for a vehicle and the trailer on an online loan tool?
The way to calculate loans for a vehicle and trailer depend on how the units are being purchased. If being acquired as a single purchase from the same seller at the same time, both units should be able to be financed with a single loan. If purchased separately, separate loans would need to be calculated for each unit.
What is the procedure for calculating loan estimates when trading in a vehicle on a new one?
When calculating estimates using an online device, the loan total entered should be the amount required for the financing. If a trade-in is being used to reduce the purchase price and hence the amount required for the loan, allow for the trade-in value when deciding on the loan total to enter.
Does a truck finance calculator show repayments with or without GST?
Vehicle loan calculation devices display estimated repayments which do not include GST. GST on monthly payments only applies to Leasing and Rent-to-Own loans, not CHP and Chattel Mortgage.
What types of loans can be calculated with an online financing tool?
Online loan estimating devices are generic in nature and can be used to estimate all types of credit products. For vehicle acquisitions these products include Chattel Mortgage, CHP, Lease and Rent-to-Own. For vehicle repair loans, these products may include Unsecured and Secured Business Loans.
What is the process to compare Leasing with CHP using a financing estimator?
To compare Leasing with Commercial Hire Purchase using a loan calculation device, users will need to carry out two calculations. First calculate Leasing monthly payments using the interest rate for Leasing. Then leave the total and term the same and enter the interest rate for CHP. Note the difference in repayments for each product for comparison purposes.
The repayment estimate is more than I wanted. How can I reduce it?
Where the monthly payment estimate is above expectations, users can reduce the amount by reducing the total by considering a deposit, by entering a longer loan term, or by increasing the size of the balloon with CHP and Chattel Mortgage.
What is the process for including a balloon when calculating Chattel Mortgage estimates?
Online commercial loan calculators include a field for a balloon. This applies to Chattel Mortgage and CHP. When opting for a balloon, enter the preferred percentage in the designated field. Do not deduct the dollar value of a balloon from the loan total entered. The device automatically carries out that calculation when delivering the monthly payment amount.
Does an online financing calculation device work out loans for all types of heavy vehicles?
Yes. Loans for all types of vehicles can be estimated using an online device. When estimated used vehicle loans, users should be aware that loan rates, terms and approved limits can vary for used compared with new vehicle loans.
Let Easy Truck Finance simplify the process by taking care of the complicated steps for you
