Equipment Loan Calculator

As an added bonus, we’ve included an Amortization Schedule that displays the amount of interest and principal paid in the monthly repayment value. With all the data entered the calculator auto-calculates your repayment estimate.

In Your Monthly Repayment field you will see the repayment estimate for your loan, based on the amounts you entered! Want to compare that with repayments on a different piece of equipment? Simply enter the loan amount or purchase price for that machine. Use the calculator over and over again, as many times as you choose. But make sure you record the repayments as the calculator does not include a memory function to store the results of your calculation.

Equipment Loan Repayment Calculator & Schedule

more information

Amortization Schedule

DISCLAIMER: This 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 business finance or any indication that an application has been received or approved. The rates quoted are for business use where the funds are predominately for business use and 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.

Equipment Financing Calculator: Estimated Repayments

When using our equipment calculator, please be mindful that it is provided as a resource to provide an estimate and the amount calculated does not mean that is an offer or a quote for a loan or an approval. When you enter the amount you want to borrow, that does not include any fees and changes that may be charged by a lender or bank. To get a more accurate loan estimate, ensure you allow for any extras that you may want to be included in the loan such as insurance, warranties, equipment installation etc.

The result you are shown as the monthly repayment is an estimate only. The calculator is a general tool that provides general estimates based on amounts and time periods. Your specific loan may differ and the actual repayments higher or possibly lower than the estimate.

This calculator is not suitable for calculating interest-only loans. It is designed only go regular loans and lease repayments where the interest and the amount borrowed can be calculated into repayments.

The calculator compounds interest for the term you have designated on a monthly basis.

For a specific equipment finance quote, please talk to our specialist commercial consultants to provide accurate rates and the loan repayment schedule for your specific business and the equipment you are purchasing. This calculator is NOT designed to be your only source of financial information in regard to making your individual financial decisions. You may like to consider seeking professional financial advice from a licensed adviser.

Bobcat machinery on a construction site

Quickly Calculate Repayments on all Equipment Loan Products

Our finance calculator allows you to compare the prices of different price equipment in terms of repayments to assist with that all-important purchase decision.

Ideal to have on your phone when attending an auction. Simply work up repayments during the bidding process to see how far your budget will stretch.

A must-have buying tool to have when inspecting machinery dealerships or on field days. When the dealer starts talking price, you can immediately convert that to estimated monthly repayments and be ready to sign up on the spot.

Suitable for calculating repayments on all types of commercial finance facilities:

  • Calculate Chattel Mortgages Repayments
  • Generate Leasing Estimates
  • Compute Rent-to-Own Monthly Payments
  • Determine CHP Monthly Hire Payments

Simply input the interest rate for the different finance products to see the results.

Yellow mining equipment truck operating in a contemporary coal mine in Queensland, Australia

Plan Your Finance With Equipment Loans Calculator

The calculator enables business owners to plan how they would like their finance deal structured and packaged prior to briefing one of our consultants.

  • Adjust the loan amount to decide if you should pay a deposit or borrow 100% of the purchase price. No deposit finance is available across our loan products.
  • Include and exclude the extra expenses associated with the purchase in the loan amount to decide if you should pay them separately or have them included in the overall loan. Your Jade consultant can include many extra costs when completed concurrently with the purchase.
  • Vary the loan term to arrive at a repayment amount that will work with your cash flow projections and contribute to your profitability and productivity.
  • Assess the repayment amount and loan term that will achieve your projected ROI and vary the term and balloon to achieve the desired outcome.
  • Vary the amount of the balloon and see how that changes the repayment amount.
  • Plan your asset acquisitions in advance with repayment estimates to include in forward planning documents.
  • Access data to include in business plans, budgets for committee evaluation and financial forecasts.

A yellow backhoe on the construction site

Receive a Confirmed Equipment Finance Quote

While the calculator is a must-have, essential tool for equipment buyers, the results calculated are estimates only. But we make the next step, sourcing a confirmed quote, also easily accessible and fast. Simply contact us via phone, email or the request a quote button online.

One of our consultants will take your brief, acquire the necessary information about your business and the equipment being purchased, and source you the cheapest quote from across our vast lender panel.

Contact us now for a quote on 1300 000 003.

Accessible, Free to Use Online Equipment Loan Repayment Calculator

The calculator is an online resource so you can use it from any device with an internet connection. Use it on your office desktop computer, out on site on your mobile phone or on a tablet while taking a break.

It’s free and very easy to use with simple steps and easy to follow data fields as you already use with similar online forms.

  • Enter the total amount you want for your loan. As we offer no deposit finance, this amount can be 100% of the purchase price of the equipment. Consider including additional amounts to cover any out-of-pocket expenses associated with the purchase such as delivery charges, installation and commissioning which we may be able to include in the loan.

  • This is a drop-down field where you simply select the number of years you would like to repay the loan. Jade provides equipment finance for up to 7 year terms.

  • Our different loan types – Chattel Mortgage, Leasing, Rental and CHP, attract different interest rates. Refer to our Interest Rate table for the current rate we are offering for that loan product and enter that rate into the field. Be mindful that the rate you are offered may vary from that displayed. Refer to our disclaimer.

  • A balloon is associated with Chattel Mortgage and Commercial Hire Purchase and the similar concept for Leasing is a residual. This is the amount of the loan which is due for payment at the end of the loan period. It is an option with our commercial finance products. If you’re opting for a balloon, enter the dollar amount in this field. Do not deduct this from the total loan amount you have entered. Note that residual on leasing may need to meet ATO rulings.

How we have helped Australians like you

Rory Johnson
Rory Johnson
Great company to deal with. Clear, fast, communication, not pushy, let us know exactly what to expect and when - and this wasn’t the simplest financing. Would definitely use Jade again. Lucas always returned my calls quickly and was onto the paperwork and financial requirements, no delays, no waiting. Very happy.
chris spinner
chris spinner
Excellent service, Scott looked for the best rate and was prompt to answer all our questions and solved all our problems!!! Highly recommend
As a new business owner specialising in disability I was looking for a new vehicle specific to my requirements. Being a new business has made it very difficult to obtain finance purely from the perspective of how long Id been trading and income. I was put onto Matt. He was amazing. I felt extremely comfortable going through all my business requirements with him. He actively listened, was honest and realistic and worked tirelessly to get the best outcome for my business. Matt returned phone calls when he said he would, he was patient and nothing was ever a problem. I would most definitely recommend these guys because of Matt. Through Matts help he has been able to also make the lives of my participants that much better. So to Matt at Jade finance Mind UR Health gives a big shout out to you for your outstanding customer service, understanding and patients. I will most definitely be recommending you specifically and coming back as the the business grown. Thanks again. Regards the team at Mind UR Health.

Get started in 5 minutes

You can easily obtain a cost-free equipment finance quote by reaching out to us via phone or utilising our user-friendly online quote form.