1Cash needed now
Equipment finance calculator Australia
Equipment finance calculator
See the cash you need now, your regular repayment, any balloon at the end and the total cost.
Simple guided calculationAbout 2 minutes · optional details stay closed
1Purchase
2Finance
3Result
2Regular repayments
3Final balloon
HOW THE NUMBERS FIT TOGETHER
What this result means
Your result in plain English
First see how the finance balance was built. Then see the cash leaving the business at settlement, through the regular repayments and at the final balloon.
1. How the amount borrowed is built
This final amount is the balance used to calculate the regular repayment.
2. Where your cash goes
This total includes your own cash, every regular repayment and the balloon. It is not just the amount borrowed.
View the assumptions used in this result
Things to confirm in the quote
Want someone to check the real quote?
A broker can compare the amount financed, asset, seller, trade payout, fees, balloon and settlement conditions. The calculator does not decide lender fit or approval.
See what changes the payment
Compare the same amount borrowed with a different rate, balloon, term or payment frequency.
What if the rate rises?
Your entered or implied rate, then 1% and 2% higher.
What if the balloon changes?
A larger balloon normally lowers the regular payment but leaves more to pay at the end.
What if the term changes?
A longer term normally lowers each payment and increases total interest.
Monthly, fortnightly or weekly?
Each option is recalculated properly rather than simply dividing a monthly payment.
Payment and balance schedule
See how each payment is split between interest, principal, GST and any separate payment fee.
Could the asset help cover the finance?
This compares the monthly benefit you entered with the monthly finance cost and a simple balloon set-aside. It is not a lender assessment.
Open “Could the asset help cover the repayment?” above, enter the expected monthly benefit and running costs, then calculate again.
How the calculation works
This section keeps the technical method and limits available without placing them in the main user journey.
Payment-period method
The annual rate is divided by 12, 26 or 52. The repayment is solved so the balance reaches the selected balloon after the chosen number of payments.
Daily-365 method
Interest is estimated using the opening balance and actual days between scheduled payment dates divided by 365. Actual lender posting and rounding may differ.
Quote checker
The selected contract GST is removed from the quoted cash payment, then the rate that reconciles the amount borrowed, payment, term, timing and balloon is solved.
GST boundary
GST charged under the contract remains a cash payment. Any GST credit is a separate estimate selected by the user and is not a tax determination.
All-in annual finance cost
This internal-rate-of-return measure includes the lender fees entered and excludes contract GST and tax deductions. It is not a prescribed consumer comparison rate.
Not calculated
- Credit approval, lender policy or serviceability.
- Formal payout, break or termination fees.
- Depreciation, resale value or tax deductions.
- Running costs unless entered in the optional asset cash-impact view.
A strong equipment decision starts before settlement.
The calculator handles repayment mechanics. The guide and service pages cover the business, asset, seller, PPSR, documents, structure and settlement questions that a numeric result cannot answer.
Equipment Finance Guide
Understand cash flow, asset life, seller type, PPSR checks, balloons, entity structure, documents and settlement before committing.
Read the complete guide →Equipment Finance Broker
Get help comparing a real purchase across the asset, business history, evidence, structure, quote and settlement pathway.
Review a real purchase →Official checks
Confirm tax treatment with an accountant and use official Australian guidance for credit coverage, GST/depreciation and PPSR searches.
Open PPSR guidance →Official reference points:ATO depreciation and capital expenses·ATO accounting for GST·ASIC National Credit Code·PPSR business assets
Equipment finance calculator FAQs
Open only the questions you need. Technical terms used in the calculator are also explained beside the relevant field with an information button.
What amount should I enter—the asset price or amount financed?
Start with the asset price when you want the calculator to derive the principal from the deposit, trade allowance, trade payout, other financed costs and fee treatment. Use the amount-financed override when a quote already shows the final principal. Do not add a capitalised fee twice.
Why can the same asset have different repayments?
Repayments can differ because the quote uses a different amount financed, rate, term, frequency, payment timing, fee treatment, balloon basis or GST presentation. Compare those assumptions before assuming one calculator is wrong.
Does a larger balloon make the finance cheaper?
It usually lowers the regular payment, but more principal remains outstanding for longer and a larger amount is due at the end. That can increase total interest and refinancing or replacement risk. Compare payment, total interest and the balloon reserve together.
Does GST disappear if the business is not GST-registered?
No. Registration affects whether a business may claim a credit; it does not by itself remove GST charged under a taxable purchase or contract. This calculator keeps contract GST in cash payments and shows any selected credit separately.
Why does the calculator not automatically decide the tax treatment?
Tax outcomes can depend on the invoice, agreement, entity, registration, creditable purpose, business-use percentage, asset type, passenger-car limits, BAS method and current law. The calculator exposes assumptions but does not replace an accountant or tax adviser.
What is the implied rate in the quote checker?
It is the nominal non-negative annual rate that reconciles the entered finance amount, base payment, term, timing and balloon after removing the selected contract GST. Separate lender fees are reflected in the all-in annualised finance cost instead.
Is the all-in annualised finance cost a comparison rate?
No. It is an internal-rate-of-return planning measure that incorporates the establishment and periodic fees entered while excluding contract GST and tax deductions. Prescribed consumer-credit comparison-rate rules have a different legal purpose and may not apply to a genuine business-purpose facility.
Should I use contract-period or daily-365 interest?
Use the method that most closely matches the quote or lender convention. Contract period divides the nominal annual rate by the payment frequency. Daily 365 estimates interest between actual scheduled dates. A formal contract and payout calculation may still use different timing or rounding.
Can this calculator estimate an early payout?
The schedule shows an estimated balance after each regular payment, but it is not a formal payout quote. A payout can include accrued daily interest, termination or break fees, arrears, rebates and other contract adjustments. Request a dated payout letter before acting.
Does a positive business-impact result mean a lender will approve the application?
No. The business view compares user-entered revenue or savings with operating costs, regular finance cash and a straight-line balloon reserve. A lender may assess financial statements, BAS, bank conduct, existing debt, industry, asset, seller, entity structure and many other factors.
Take the result into the real purchase.
Use the guide to understand the full equipment purchase, or send the calculated scenario for a broker review of the asset, quote, business, documents and settlement pathway.
General information only. Results are indicative and depend entirely on the inputs and selected contract assumptions. This calculator is not a finance quote, prescribed comparison rate, tax calculation, accounting opinion, legal advice, lender serviceability assessment, eligibility result, approval prediction, asset valuation or formal payout. Confirm the agreement, tax invoice, current lender criteria and professional tax/accounting advice before acting.
Have a broker check this result
Your calculation summary will be included. A broker can then check the asset, seller, quote, trade-in, fees, structure and settlement details. This does not submit a credit application.
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