Estimate repayments on trucks and prime movers. The truck class is preloaded with a realistic rate. Adjust price, term and balloon. Your numbers update live.
Select an asset class above to load the estimated market rate.
The calculator applies an indicative rate for the asset class you pick, then amortises it over the term and repayment frequency you choose. It is a model, not a quote, and it does not run a credit check or touch your file.
A balloon or residual lowers the repayment now and leaves a lump sum at the end, so use it deliberately rather than to make a number look better. Whatever you leave at the end still has to be paid or refinanced.
Deposit or full invoice. You can put money down or fund the whole invoice. A deposit is a cashflow decision here, not a condition of approval.
The single biggest lever is security. As a general rule, where the facility is backed by property you should expect 6% to 9% p.a. Without property security, expect 9% to 13% p.a. If you own property and are willing to use it, the same purchase gets materially cheaper.
After that: how long the ABN has been trading, whether the asset is bought from a dealer or privately, and the asset itself. New and used are both funded, so used equipment is not the obstacle people expect.
These are indicative ranges for business finance, not an offer. Your rate depends on the deal and is subject to credit approval.
Trucks are the most financed asset class in the country, and lenders know the market well. Deals run as chattel mortgages over two to seven years, new and used both funded, dealer or private sale, with balloons commonly used to keep the weekly repayment in line with freight income.
Security decides your band: property-backed operators generally see roughly 6% to 9% p.a., non-property-backed 9% to 13%. The preloaded truck rate is a ballpark inside those bands.
Yes. Single-truck operators are financed every day, including first trucks. Lenders look at the contract or work lined up behind the purchase as much as the balance sheet.
A balloon lowers the repayment during the term and leaves a lump sum at the end, which suits trucks that will be traded or refinanced. Run the calculator with and without one and compare.
No. It is an estimate so you can sanity check a purchase before you commit. A real quote comes back from the lender panel once we know the asset, the deposit and how long you have been trading.
No. Nothing here runs a credit check. Your file is only touched once you apply and give us permission.
Approvals come back as fast as 24 hours on straightforward deals. The things that slow it down are missing paperwork and private sales that need extra verification.
Yes. New and used are both funded, from dealers or private sellers. On used machinery, service history and hours matter more than age.
Leave your details and one of our partners will come back with an exact rate for your deal. No obligation. No automated responses.