Easy Truck Finance Calculator
Compare, estimate, plan heavy vehicle loans in 4 quick steps with Easy’s Truck Finance Calculator. Estimate Your Truck Loan 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.
How do you compare interest rates with our Truck Finance Calculator? Easily!
Securing the best interest rates when financing new vehicles is a key objective for astute operators. But comparing rates as percentage figures can provide only so much guidance to affordability of a loan for a specific vehicle. With our calculating tool, we empower operators to change those rates into repayment estimates based on the vehicle being financed and with their choice of loan product. Interest rates vary across the range of asset acquisition credit facilities – Chattel Mortgage, CHP, Leasing and Rent-to-Own. Rates also vary across the vast number of banks and lenders offering heavy vehicle loans.
Using our device, operators simply enter the price of the vehicle being financed, the interest rate for their preferred credit product, term and balloon, and the monthly repayment based on that rate is generated. Repeat the process with rates from other lenders or for other credit products to make your comparisons. What rates do you use? Use our current rates for estimating purposes, to compare with others, and see how competitive Easy Truck Finance is in the heavy vehicle lending market.
How competitive is Easy on interest rates? Extremely. We source the best rates to suit individual applicants from our base of 80+ lenders. A selection which includes the major banks, other banks, finance companies, and non-bank lenders that specialise in heavy vehicle lending. Using industry-level connections and sharp negotiating skills, our brokers identify the lender that best suits the application profile and negotiates the best rates and the most workable terms. To have your best interest rate sourced by our brokers, request an Easy quote!
- Compare truck finance interest rates with quick repayment estimates.
- Compare rates and repayments for Rent-to-Own, Chattel Mortgage, CHP, Leasing.
- Compare our competitive interest rates – 80+ lender selection.
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4 quick, online steps are all that is required to generate practical figures to plan heavy vehicle financing with Easy’s calculating tool. Calculate figures relevant to your choice of vehicle, choice of credit product, and choice of repayment terms. Quickly and simply answer questions around affordability of vehicles, easily compare interest rates, and work up loan combinations that work with your cash flow, your ROI targets and your business objectives.
Streamline the process to select heavy vehicles by first working out the financing estimates. Pre-plan your preferred loan structure before applying by comparing your financing options. We provide a user-friendly loan estimating tool to suit all heavy vehicle acquisitions, all business set-ups, and credit facilities.
Start estimating your loan requirements right now!
Easily Plan Heavy Vehicle Loans with Multi-Purpose Truck Finance Calculator
An extremely popular use of online loan calculators is to get a quick idea of what the price of a heavy vehicle represents in terms of monthly repayments. A relatable figure for most operators and a figure that has significant bearing on the cost-effectiveness of the finance and affordability of the purchase. The process is simple by entering the price of each vehicle as the loan amount and noting the repayment estimate. Ideal for quickly comparing different priced vehicles, budget and more optioned models, light and medium duty, new and used, varying capacity vehicles, and different configurations.
Quickly obtain the required information to compare buying a vehicle ready to go with purchasing the cab and body separately or a custom compared with standard body. Use the loan tool online at a time and place that suits you – waiting on your next container to load, while taking time out at a rest stop, while completing log book entries, at home doing paperwork at night, in your office, on site, or while grabbing a coffee between deliveries.
Our device allows the user full control of the data that is entered. Ensuring the results generated are customised to suit their vehicle purchase and the business goals. Enter a range of different amounts to work out repayments with numerous combinations of borrowing amounts, interest rates, balloons, over a range of repayment terms. Use the results to assess and evaluate purchases, make vehicle selections, consider viability of refinancing, and schedule asset acquisitions.
Using the loan tool is a practical way to quickly evaluate loan options and establish vehicle acquisition budgets. Ensuring the acquisition will work with cash flow, will work towards achieving the desired ROI target, and will meet the financial objectives of the business. The tool empowers operators to establish their preferences with loan term and balloon to be well-prepared to brief their broker or lender. Cutting down the time for your broker to source the most suitable based on individual preferences. Start planning your loan – get estimates now!
Our versatile calculating tool can be used by all business operations, regardless of size, structure, and length of trading time. Fleet operations can prepare budgets for large-scale, multi-vehicle replacements to new fuel system models. While new owner-drivers can compare their loan options by calculating repayments for their first vehicle. When calculating low doc loans for start-up operations using our displayed rates, operators should be mindful rates offered may vary as may loan amounts approved.
Upgrading to low emission vehicles can provide fuel efficiencies and cost savings for operators as well as work towards achieving key emissions reduction targets. But the cost-effectiveness of the upgrade and the purchase of any vehicle, can rely heavily on the cost of the financing. Using the calculation tool, operators can quickly estimate loan repayments for all types of vehicles – light, medium, heavy-duty, across all brands, configurations and models, to assess the cost-effectiveness for their business.
Change a Truck Price to a Truck Loan Repayment Estimate
An extremely popular use of online loan calculators is to get a quick idea of what the price of a heavy vehicle represents in terms of monthly repayments. A relatable figure for most operators and a figure that has significant bearing on the cost-effectiveness of the finance and affordability of the purchase. The process is simple by entering the price of each vehicle as the loan amount and noting the repayment estimate. Ideal for quickly comparing different priced vehicles, budget and more optioned models, light and medium duty, new and used, varying capacity vehicles, and different configurations.
Quickly obtain the required information to compare buying a vehicle ready to go with purchasing the cab and body separately or a custom compared with standard body. Use the loan tool online at a time and place that suits you – waiting on your next container to load, while taking time out at a rest stop, while completing log book entries, at home doing paperwork at night, in your office, on site, or while grabbing a coffee between deliveries.
User-Controlled – Achieve Multiple Purposes with Customised Input
Our device allows the user full control of the data that is entered. Ensuring the results generated are customised to suit their vehicle purchase and the business goals. Enter a range of different amounts to work out repayments with numerous combinations of borrowing amounts, interest rates, balloons, over a range of repayment terms. Use the results to assess and evaluate purchases, make vehicle selections, consider viability of refinancing, and schedule asset acquisitions.
Evaluate Loan Options, Establish Budgets
Using the loan tool is a practical way to quickly evaluate loan options and establish vehicle acquisition budgets. Ensuring the acquisition will work with cash flow, will work towards achieving the desired ROI target, and will meet the financial objectives of the business. The tool empowers operators to establish their preferences with loan term and balloon to be well-prepared to brief their broker or lender. Cutting down the time for your broker to source the most suitable based on individual preferences. Start planning your loan – get estimates now!
Calculate Estimates for All Operators, All Business Set-ups
Our versatile calculating tool can be used by all business operations, regardless of size, structure, and length of trading time. Fleet operations can prepare budgets for large-scale, multi-vehicle replacements to new fuel system models. While new owner-drivers can compare their loan options by calculating repayments for their first vehicle. When calculating low doc loans for start-up operations using our displayed rates, operators should be mindful rates offered may vary as may loan amounts approved.
Assess Low Emission Vehicles, Different Vehicle Configurations, Models, Brands
Upgrading to low emission vehicles can provide fuel efficiencies and cost savings for operators as well as work towards achieving key emissions reduction targets. But the cost-effectiveness of the upgrade and the purchase of any vehicle, can rely heavily on the cost of the financing. Using the calculation tool, operators can quickly estimate loan repayments for all types of vehicles – light, medium, heavy-duty, across all brands, configurations and models, to assess the cost-effectiveness for their business.
Versatile Truck Finance Calculator to Estimate, Evaluate, Compare and Prepare
- Estimate loan repayments on all vehicles.
- Evaluate cost-effectiveness of vehicle acquisitions.
- Compare repayments on vehicle prices for purchase decisions.
- Prepare vehicle acquisition budgets.
- Establish preferred finance structure.
Step-by-Step Guide to Estimating with Our User-friendly Truck Finance Calculator
Using our heavy vehicle loan estimating tool is a very simple process, with no special skill or lending sector knowledge required. Users simply enter the amounts for their purchase or preference in the designated boxes or fields. To get started you will need:- the amount you require for your loan which may be the purchase price of the vehicle; and interest rates for your selected credit facility or all credit facilities if making comparisons.
The first step is entering the loan total. This may be the complete purchase price which may include accessories, extra safety and electronics components, and dealer delivery charges. If trading in a vehicle, deduct the value from the purchase price. If making a downpayment, deduct that from the loan before entering.
The second step is entering the interest rate for your choice of Chattel Mortgage, Lease, CHP or Rent-to-Own.
The next step is entering the term required to repay the loan. Terms can range up to 7 years. Users can make the first calculation based on their preference and ensuing calculations over different terms to establish their preference.
The final step is entering the balloon amount if required. This is an optional feature with Chattel Mortgage and CHP. Similar end of finance term payments apply to Lease and Rent-to-Own but are set via other processes. If opting for a balloon, do not deduct the dollar value from the loan total. This will automatically be computed by the device.
With all fields filled, the estimated repayment per month based on those figures is displayed. Repeat the process to calculate a new repayment based on different figures and/or for different vehicles. Get your first estimate right now!
- Easy to follow calculator steps.
- User-friendly truck finance calculator.
- Fast, simple use, online convenience.
Next Step - Request a Quote to for a Competitive Interest Rate Truck Loan from Easy!
After calculating estimates, evaluating options, and establishing preferences, move closer to acquiring your next vehicle with affordable financing by requesting a quote. Contact Easy online or by phone for personal service in sourcing the most competitive rates and custom solution for your financing requirements.
Our application process is simple and straightforward to ensure ease and convenience for all business operators. Advise of your details, supply the required documentation, and we’ll handle sourcing you the best loan offer.
Request a quote now – online or by phone!
Most Frequently Asked Questions About Truck Finance
Does a truck finance calculator work out repayments on loans for second-hand vehicles?
Yes. An online loan calculating tool can be used to generated estimated repayments on new and used vehicles. Users should be aware that the results are estimates and the interest rates, terms and other loan inclusions can vary based on lender assessments of individual applications.
What is the procedure for getting loan estimates on an online finance tool?
To obtain loan estimates using a finance tool, users enter the values for their specific purchase into the designated fields on the online tool. The tool automatically calculates the monthly repayment based on those figures. All input figures can be changed to calculate a result for a different vehicle or different combination of data.
How do I compare Leasing with Hire Purchase with a truck finance calculator?
To compare Leasing repayments with Hire Purchase using an online calculation tool, users first calculate estimates using the interest rate for Leasing. They then calculate an estimate using the interest rate for Hire Purchase. The repayments can then be compared.
What is the balloon field on a finance calculator used for?
A balloon is an optional feature with Chattel Mortgage and Commercial Hire Purchase. It is a percentage of the loan total which is set aside to be paid as a lump sum at the end of the loan. The field on an online calculator allows users that opt for this feature to enter their preferred percentage.
Do repayments generated by a finance calculator include GST?
No. GST is applied to repayments for Lease and Rent-to-Own financing but not to CHP and Chattel Mortgage. The calculation device does not include GST. It is applied when a lender prepares a finance contract.
Can start-up operators get truck loan estimates on a finance calculator?
Start-up operators requiring Low and No Doc finance can use the calculation tool as a guide only. These types of loans typically attract different rates and loan conditions and should be individually quoted.
How do I work out loan options for financing a truck and trailer?
Loans for truck and trailer combinations purchased as a single unit can be estimated following the usual procedure for using a calculation tool. If the units are being purchased separately, two loans may be required. The procedure can be carried out twice for repayment estimates for each unit.
What is the process for getting calculator results checked and confirmed?
After calculating estimates, operators can contact a lender for a quote based on their credentials.
How do I compare truck loan interest rates on an online calculator?
Interest rates can be compared on an online calculator by calculating the repayment estimate based on an interest rate and repeating the process for another rate. The repayments can then be compared.
What interest rate do I use with a truck finance calculator?
The common practice when using a financing calculation tool is to use the interest rates displayed by the broker, bank or lender providing the tool. Rates sourced from any lender may be used to generate estimates.
Let Easy Truck Finance simplify the process by taking care of the complicated steps for you
