Asset Finance Repayment Calculator

Updated 10 April 2024

• Our calculator provides a clear view of what your repayments could look like on a weekly, fortnightly, or monthly basis for an asset finance loan. While we've set the initial loan amount to $20,000 as a starting point, you have complete flexibility to adjust this figure. 
• You can enter a suitable interest rate that reflects your actual or expected terms. This way, you get a tailored understanding of your potential financial commitment.
• Our guide to Asset Finance explains your options in detail.

Asset Finance Repayment Calculator

Principal & interest Interest only

Principal is the amount borrowed or still owing on a loan.

Interest is the charge you pay for borrowing money, usually expressed as an annual percentage of the principal (p.a.).

Interest only is when your payments cover only the interest owing on the loan amount outstanding. This means the outstanding loan balance (principal) will not reduce.

Asset Finance Amount

Loan Length

Interest Rate

Payments Per Year

Monthly Fortnightly Weekly

Asset Finance Payment

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Asset Finance Amount

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Total Interest

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Total Cost

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Disclaimer:

• Please note that our Asset Finance Repayment Calculator is designed to provide estimated repayment figures based on the inputs provided. Actual loan terms, including interest rates and repayment amounts, will vary depending on your creditworthiness, market conditions, the financed asset, and lender policies. 
• This calculator is intended as a guide only and is not financial advice.

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