Easy Car Finance Calculator
Easily Evaluate Your Loan Options Using Our Vehicle Finance Calculator. Estimate Your Vehicle Financing 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.
Adaptable Vehicle Finance Calculator – Compare Rates, Estimate Repayments for Business and Personal Loans
We’ve built adaptability into our calculation tool so both businesses and individuals can use it to generate estimates and compare car loan interest rates. It can be used to easily compare options for businesses considering Chattel Mortgage, Leasing, Rent-to-Own and Hire Purchase, and is equally easy for private buyers to estimate repayments on Secured Personal Car Loans and Unsecured Personal Loans.
Users decide what values to enter into all the fields, including the interest rate. Rates are different for different credit facilities and will vary across the lender market. This device allows you to simply enter different rates fand easily compare the repayments based on that rate. Use our current rates as a guide and see how competitive we are across all lending markets.
One of the main objectives when seeking car financing is to find the lender that will offer you the best interest rate. Rates vary with lenders, and lender rate offers vary with individual credit and credential profiles. We assist and support buyers by providing experts to source the most suitable lender and through that process, source the best rates. Our lender base includes over 80 credit providers – major banks, finance companies, and non-bank lenders, offering both commercial and personal credit solutions. To take the next step to finding the right, the cheapest car loan, request a quote from our experts.
- Calculate Estimates for Leasing, CHP, Chattel Mortgage, Rent-to-Own.
- Compare Rates for Personal Secured Car Loans, Unsecured Personal Loans.
- Evaluate our best rates from 80+ lenders.
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Simplify the process of finding the car financing that works for you by using our loan calculation tool to assess your options. Deciding on the right financing can be as, if not more, important as selecting the right vehicle. For businesses, the financing can impact ROI, cash flow, productivity and profitability.
For private car buyers, taking on credit can impact the personal budget and other financial goals. Selecting the right lender and right credit facility, finding the best interest rate and most workable terms and conditions, can be critical to long-term outcomes.
Our financing tool allows buyers to carry out a range of functions – compare interest rates, plan financing structure, make decisions on terms and repayment schedules, and make more sense of what can be complex decisions. Start calculating estimates to see exactly how easy we make the process.
Flexible, Multi-Use Vehicle Finance Calculator – Range of Functions
The simple conversion of the price advertised for a car to estimated loan repayments is the most popular reason that buyers use our calculation device. It is a basic function of the device, quick to carry out, but can be invaluable when making important decisions on which car to purchase. Enter the price of the car as the total if intending to apply for a no deposit loan. Deduct the trade-in value or down payment amount from the price to enter as the total where relevant. If accessories are desired, add those costs to the pricing as the total. Select the right rate, preferred term, and instantly the repayment estimate is displayed.
Use our calculation tool to carry out a range of functions to evaluate your business car financing options and plan how you would like your solution structured. Vary the term field to see how repayments change. A balloon field is included to enable business operators to plan the structure of their financing with varying end-of-term payment amounts. Change all values to arrive at a repayment estimate that will work comfortably with your cash flow.
The flexibility of the device allows business operators to better plan asset acquisitions and prepare budgets ahead of time. Many businesses need to prepare budgets for board and senior management approval prior to purchase. Some companies require estimated figures for future acquisitions for inclusion in the end of financial year reports. Our calculation device allows CFOs, purchasing officers, accountants, and even small business owners to more easily prepare the figures they need to better manage their business. When preparing budgets, contingencies can be allowed for – changes in interest rates, increases in vehicle pricing, with total user control on the figures entered.
How much deposit should you make on your car purchase? The deposit determines the amount required for the financing and is a very important buying decision. Lenders will determine borrowing limits for private buyers requiring personal loans and many business financing customers. But before applying for finance, buyers can arrive at a comfortable figure using our device. By changing the loan total, device users can see the effect of a larger or smaller down payment on the monthly commitment.
The Australian motor vehicle market is extensive, with buyers faced with numerous makes and models in most categories. Deciding which one to buy can be an exciting but challenging process. If cost is a factor, simply calculate repayments estimates for the price of each vehicle. Compare the estimates to decide which is the right car for you.
Simply Convert Car Prices to Estimated Monthly Car Loan Repayments
The simple conversion of the price advertised for a car to estimated loan repayments is the most popular reason that buyers use our calculation device. It is a basic function of the device, quick to carry out, but can be invaluable when making important decisions on which car to purchase. Enter the price of the car as the total if intending to apply for a no deposit loan. Deduct the trade-in value or downpayment amount from the price to enter as the total where relevant. If accessories are desired, add those costs to the pricing as the total. Select the right rate, preferred term, and instantly the repayment estimate is displayed.
Structure Commercial Vehicle Financing with Balloon Option
Use our calculation tool to carry out a range of functions to evaluate your business car financing options and plan how you would like your solution structured. Vary the term field to see how repayments change. A balloon field is included to enable business operators to plan the structure of their financing with varying end-of-term payment amounts. Change all values to arrive at a repayment estimate that will work comfortably with your cash flow.
Prepare Budgets, Plan Asset Acquisitions
The flexibility of the device allows business operators to better plan asset acquisitions and prepare budgets ahead of time. Many businesses need to prepare budgets for board and senior management approval prior to purchase. Some companies require estimated figures for future acquisitions for inclusion in the end of financial year reports. Our calculation device allows CFOs, purchasing officers, accountants, and even small business owners to more easily prepare the figures they need to better manage their business. When preparing budgets, contingencies can be allowed for – changes in interest rates, increases in vehicle pricing, with total user control on the figures entered.
Evaluate Repayments on Different Loan Amounts – Make Deposit Decisions
How much deposit should you make on your car purchase? The deposit determines the amount required for the financing and is a very important buying decision. Lenders will determine borrowing limits for private buyers requiring personal loans and many business financing customers. But before applying for finance, buyers can arrive at a comfortable figure using our device. By changing the loan total, device users can see the effect of a larger or smaller downpayment on the monthly commitment.
Compare Vehicles Based on Repayment Estimates
The Australian motor vehicle market is extensive, with buyers faced with numerous makes and models in most categories. Deciding which one to buy can be an exciting but challenging process. If cost is a factor, simply calculate repayments estimates for the price of each vehicle. Compare the estimates to decide which is the right car for you.
Assess, Compare, Evaluate Options with Vehicle Finance Calculator
- Assess affordability of different cars at different prices.
- Compare car loan interest rates.
- Evaluate complete financing package.
- Estimate repayments on all types of vehicles.
- Balance vehicle choice with repayment affordability.
How can you benefit from Easy’s vehicle finance calculator? Easy use, simple operations
One of the greatest advantages of our calculation device is its simplicity of use. Users have full control over the values they enter. Required fields are indicated and if an error is made, it can easily be rectified by entering the correct amount.
The loan amount field is the dollar value required for the credit. Businesses looking to include the full price in their financing may enter the complete purchase price, including accessories, rego and other items which appear on the dealer invoice. Buyers making a deposit should deduct this amount from the loan total entered.
The interest rate to enter will be the one corresponding to the loan product required. As a guide for estimation purposes, users can use our latest rates. Rates sourced from other credit providers can also be used. Rates can easily be increased to allow for a margin of error if you are not offered our best rates for good credit profile customers, or if financing a second-hand car. Rates can vary.
Business operators can compare repayments on Leasing with Chattel Mortgage etc by simply entering the appropriate interest rate.
Terms on car loans can range from 1 year for small loans through to 7 years or 84 months. This will be subject to lender approval. Users can enter a number of different terms and note the change in the repayments to assess the most suitable outcome for their purposes.
Varying the balloon field is a very useful way for commercial entities to establish the most workable structure for their loan. Changing the balloon value will change the repayment.
With all the fields filled, simply click on the CALCULATE indicator and the amount of each monthly repayment will automatically appear. This is a simple computation of interest rates based on values entered. Lender fees and charges are not included. Get your estimates quickly and simply and request a quote for a confirmed car loan with our best rates.
- Easy-to-use vehicle financing calculator.
- Control all values entered – assess range of options.
- Simply compare rates, compare repayments.
Streamlined Quotes, Fast Approvals Support for Vehicle Financing Calculator
Users of our car loan estimator can utilise our expertise for efficient, specialist services to source the best financing quotes and fast loan approval. Our expert brokers are accessible to both commercial and private car buyers via our online or phone services.
We’ll take your brief, note your preferences, advise the documentation required for your application, and handle the process of sourcing you the most affordable, workable car financing solution to consider. For expert service and 24 hour loan approval, request a quote from Easy!
The most frequently asked of the questions
What is a vehicle finance calculator?
A car financing calculation device is a tool provided online by credit providers to enable car buyers to estimate their loan. The tool can be used to calculate repayments on different loan amounts, different cars, with varying rates and loan terms.
How do I know what interest rate to enter?
Users of loan calculation devices should enter an interest rate corresponding to their choice of credit facility. The providers of these tools typically display a rate chart or offer a link to their website for their latest rates. These rates should be used as a guide only.
How do I compare Leasing with Chattel Mortgage?
To compare repayments on vehicle Leasing with Chattel Mortgage, enter the different interest rate for each credit product and note the different repayment.
Can a vehicle finance calculator be used for no deposit commercial finance?
Yes. To calculate repayments on no deposit financing, enter the full amount of the purchase as it appears or would appear on a dealer invoice in the total loan field.
Do I deduct the Chattel Mortgage balloon amount from the total loan required?
No. Do not deduct the balloon amount from the total loan. Enter the balloon percentage required and the device will make the necessary computations to allow for the balloon when calculating the monthly repayment.
Can financing commercial vans be estimated with a vehicle finance calculator?
Yes. Online loan calculators are generic devices which can be used for all types vehicles.
Is a vehicle financing calculator suitable for new businesses to use?
New businesses can use financing calculators, being mindful that rates, terms, and loan conditions for new businesses are subject to individual application assessments by lenders.
How do I confirm the results obtained on a vehicle finance calculator?
To receive a confirmed financing offer, a quote will need to be requested from a credit provider. Calculator results are estimates only.
What can I do to lower the amount of the repayment calculated?
To lower the repayment amount shown on a calculator, users can lower the loan total by considering paying a deposit or extending the term of the loan.
What is the balloon field on a vehicle finance calculator?
A balloon is an end-of-loan-term lump sum payment option which is available with Chattel Mortgage and Commercial Hire Purchase.