Easy Truck Loan Calculator
Simplify Financing Heavy Vehicle Acquisitions – Get Quick Estimates with the Easy Truck Loan Calculator. Start Estimating 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.
Use Easy’s Truck Loan Calculator to Compare Interest Rates, Find the Most Affordable Finance
Finding the most affordable and cost-effective financing typically starts with finding the best interest rates. The next step is seeing how those rates convert to repayments on your specific purchase. That process is significantly streamlined by simply using the finance calculation tool. Enter the amount of the vehicle being purchased, the rate for your choice of credit facility – Chattel Mortgage, Lease, Rent-to-Own or CHP, preferred term, and the device automatically calculates the monthly repayment estimate.
Change the rate to make comparisons and assess the competitiveness of different lenders. Save time finding the best rates to compare – calculate estimates using Easy’s highly competitive heavy vehicle finance rates.
Estimate in the ballpark? Upload your details for a quick quote from our experts based on your specific credentials.
We are specialists in asset acquisition finance and focus on securing the most competitive interest rates for each customer. We have a huge 80+ lender base, which includes banks, finance companies and specialist non-bank lenders, and quickly use this deep market coverage to find the best current rates. Saving operators significant time to source the best rates and potentially saving them money in interest charges. Request a quote for the most competitive interest rate we can secure for your acquisition.
- Quickly compare interest rates.
- Calculate repayments for rates on Chattel Mortgage, CHP, Lease, Rent-to-Own.
- Secure most competitive rates – 80+ lender market coverage.
Read more...
Acquiring new heavy vehicles can be a complex process. Using our useful finance calculation tool, business owners and operators may significantly simplify and expedite the funding part of the acquisition process. This handy and easy to use resource quickly delivers estimates on all credit facilities for all types of heavy vehicles – light, medium, heavy-duty, EVs, new and used, in a few actions, in a few seconds.
No special knowledge of asset finance is required, and as an online resource, it is accessible 24/7 from anywhere in Australia. Calculate estimates while at a rest stop, while at a loading dock waiting for your next consignment, while handling your paperwork at night – anywhere, anytime.
Start calculating your estimates and start simplifying the purchase of your next vehicle.
Easily Calculate Estimates to Streamline Financing with Our Truck Loan Calculator
Selecting the vehicle to purchase starts with suitability to the operating application but, for many operators, will also be dependent on cost. The cost of the vehicle which then relates to the cost of the financing. The calculation device allows operators to quickly change the price of any vehicle to estimated monthly finance payments. Allowing comparisons of different makes and models, of EVs compared with diesel, and of used models compared with new. Simply enter the price of each vehicle, the finance preferences, and the monthly outgoing estimate will be shown.
With the purchase price and interest rate the major determinants of the cost of finance, other elements can also impact the cost-effectiveness of the funding. The term and any balloon component can change the monthly outlay, which in turn can have an impact on cash flow and achieving ROI targets. Our device has the flexibility and versatility to allow users to change all the data entered to work up multiple combinations for consideration. Change terms and balloons and even the funding total if considering making a deposit. Get the numbers you need to make your important purchase decisions quickly and easily.
All businesses can use the device to obtain financing estimates on all types of commercial credit. Estimate acquisition funding with Leasing, Rent-to-Own, Chattel Mortgage and CHP, and vehicle repair loans with Secured and Unsecured Business Loans. Whether a large fleet operator, SME, sole trader, owner-operator, partnership or new business, start generating your estimates to streamline your funding process. Rates and finance conditions can vary based on individual applications and business credentials. Request a quote for our experts to secure you the most cost-effective funding solution.
As specialist heavy vehicle financing brokers, our services extend beyond funding for acquisition through to a full range of credit facilities including refinancing. This can be a complex process but with the assistance of our calculation device, operators can start by obtaining their own quick estimates. Refinancing may be with the same or a different form of credit and by simply changing the interest rate, the different repayment estimates can easily be compared. Operators will need a payout figure on the existing arrangement to use as the finance required. Our brokers can assist with handling the entire refinancing process to present options for consideration. Speak with us or start with calculating rough estimates to see if this is a workable option for your business.
Funding to cover the costs of major repairs or to upgrade vehicles to meet new regulatory standards is available with unsecured and secured business loans. These versatile funding products may be used to finance engine reconditioning, body repairs which insurance does not cover, mechanical repairs from breakdowns, tyre replacements, and those high cost scheduled heavy vehicle services. Calculate repayment estimates to see if financing your repairs is a cost-effective way option.
Change Purchase Prices to Finance Payment Estimates
Selecting the vehicle to purchase starts with suitability to the operating application but, for many operators, will also be dependent on cost. The cost of the vehicle which then relates to the cost of the financing. The calculation device allows operators to quickly change the price of any vehicle to estimated monthly finance payments. Allowing comparisons of different makes and models, of EVs compared with diesel, and of used models compared with new. Simply enter the price of each vehicle, the finance preferences, and the monthly outgoing estimate will be shown.
User-Friendly, Flexible, Versatile – Generate Multiple Options
With the purchase price and interest rate the major determinants of the cost of finance, other elements can also impact the cost-effectiveness of the funding. The term and any balloon component can change the monthly outlay, which in turn can have an impact on cash flow and achieving ROI targets. Our device has the flexibility and versatility to allow users to change all the data entered to work up multiple combinations for consideration. Change terms and balloons and even the funding total if considering making a deposit. Get the numbers you need to make your important purchase decisions quickly and easily.
Universal Suitability for All Business Set-ups, All Credit Facilities
All businesses can use the device to obtain financing estimates on all types of commercial credit. Estimate acquisition funding with Leasing, Rent-to-Own, Chattel Mortgage and CHP, and vehicle repair loans with Secured and Unsecured Business Loans. Whether a large fleet operator, SME, sole trader, owner-operator, partnership or new business, start generating your estimates to streamline your funding process. Rates and finance conditions can vary based on individual applications and business credentials. Request a quote for our experts to secure you the most cost-effective funding solution.
Evaluate Cost-effectiveness of Refinancing
As specialist heavy vehicle financing brokers, our services extend beyond funding for acquisition through to a full range of credit facilities including refinancing. This can be a complex process but with the assistance of our calculation device, operators can start by obtaining their own quick estimates. Refinancing may be with the same or a different form of credit and by simply changing the interest rate, the different repayment estimates can easily be compared. Operators will need a payout figure on the existing arrangement to use as the finance required. Our brokers can assist with handling the entire refinancing process to present options for consideration. Speak with us or start with calculating rough estimates to see if this is a workable option for your business.
Quickly Obtain Vehicle Repair Finance Estimates
Funding to cover the costs of major repairs or to upgrade vehicles to meet new regulatory standards is available with unsecured and secured business loans. These versatile funding products may be used to finance engine reconditioning, body repairs which insurance does not cover, mechanical repairs from breakdowns, tyre replacements, and those high cost scheduled heavy vehicle services. Calculate repayment estimates to see if financing your repairs is a cost-effective way option.
Get Quick Truck Loan Calculator Estimates to Support and Simplify Budgeting, Buying and Funding Decisions
- Change vehicle purchase pricing to finance repayments in seconds.
- Prepare budgets for major vehicle acquisitions.
- Structure preferred terms, balloons, funding requirements.
- Work up multiple options and loan combinations to compare.
- User-friendly, online access, fast and easy.
Quick, Easy Steps with Our Truck Loan Calculator to Obtain Valuable Finance Intel
You don’t need to be across all aspects of commercial lending to easily obtain valuable information on which to make funding decisions. Our finance calculation tool carries out all the complex computations while all you have to do is type in the numbers. The device is set out in standard online form style, with the fields requiring your entries clearly designated.
The amount required for the finance may be 100% of the acquisition cost which may include customised elements, accessories, delivery and dealer charges. When purchasing a prime mover and trailer or cab and body as the one unit, the total may be the entire outlay. Approval of loan amounts is subject to lender guidelines but use these amounts for estimating purposes.
Select the most suitable credit facility for your business – Chattel Mortgage, Rent-to-Own, Leasing or CHP, and use our current competitive rates to generate estimates. Terms for asset acquisition financing can be secured for up to 84 months. Device users can enter any term they prefer, often in line with how long they intend to own the vehicle to achieve their target ROI.
Where Chattel Mortgage or CHP is the preferred credit facility, a balloon option is available. Enter the preferred amount in the designated field, but do not deduct that value from the finance total. This device has the advanced capability to complete that computation when calculating the monthly repayment.
The monthly repayment is then shown based on the numbers you have entered. Change any or all of the entries to generate a result on another vehicle, or for different terms and balloons. For a specific quote based on your business credentials, use our expert broker services by contacting us online or by phone.
- User-friendly, simple and fast to operate.
- Generate multiple options in seconds.
- Quickly calculate estimates, simplify the finance process.
We Support Our Truck Loan Calculator Users with Streamlined Applications and Fast Finance Approvals
Our specialist heavy vehicle finance brokers are available to individually source the most cost-effective funding for your acquisition. We provide a simple, streamlined application process with our experts handling the process of securing the most competitive rates, most flexible terms and most affordable solutions.
Approvals can be obtained within a 24 hour period to ensure the purchase is swift and the vehicle delivers for your business as soon as possible.
Upload your details to request a quick quote or to commence your application.
Most Frequently Asked Questions About Truck Finance
Is an online truck loan calculator suitable for estimating loans for owner-operators?
All types of businesses with an ABN can be eligible for commercial credit and use an online calculation device. All interest finance offers are dependent on the lender’s assessment of the individual application. Depending on the size of the business and how long it has been trading, owner-operators may have specific requirements on their loans. They may use the calculating tool for estimates to use as a guide..
What is the right interest rate that I use to calculate finance payments?
To find the correct interest rate to use with an online finance estimator, operators should first select their credit facility as rates vary for Chattel Mortgage, Leasing, CHP and for Rent-to-Own loans. They can then use rates sourced from any lenders or from the broker or lender providing the device.
What is a truck loan calculator used for?
A heavy vehicle finance calculation device is used to generate estimated repayments based on the data entered by the users. The data entered can be varied to generate different outcomes based on different combinations of rates, total loans, and terms.
Can I use an online truck loan calculator for loan estimates on a custom-built vehicle?
Yes. Online finance calculators are generic in nature and can be used to compute repayments based on the data entered by the user. For estimated repayments on financing a custom-built vehicle, use the total acquisition cost as the loan for estimating purposes.
Are heavy vehicle loan interest rates fixed or variable?
Asset acquisition finance is typically arranged with fixed interest rates. Other types of loans including unsecured business loans may have a fixed or a variable rate.
How do I know which is the right loan product for my purchase?
Operators can select from Chattel Mortgage, Lease, Rent-to-Own or CHP to finance new vehicles. The right facility is the one that suits the accounting method and the approach taken by the business to its balance sheet, tax and the objectives aiming to be achieved. Consulting with an accountant may assist with the decision.
Can I have a balloon with a Rent-to-Own truck loan?
A balloon component is an inclusion on Chattel Mortgage and CHP loans only. Rent-to-Own loans offer the option of a buyback. This is an amount negotiated between lender and borrower for the borrower to take full ownership of the vehicle at the end of the loan term.
Why is my finance offer different from the figure I worked out on the loan calculator?
Online calculators are formulated to generate estimates only. The results do not include lender fees and charges and do not allow for variations in the credentials and credit profiles of individual calculator users. Any offer which is received from a lender may be different from estimates generated for these reasons.
Am I obligated to proceed with funding if I use a lender’s loan calculator?
No. Using online finance calculators do not include an obligation to proceed further with that lender.
Does a truck loan calculator have a memory so I can recall previous calculations?
No. Typically, online calculation devices do not store calculations. If results are required for reference, users should note them separately.
Let Easy Truck Finance simplify the process by taking care of the complicated steps for you
