Loan Repayment Calculator & Schedule
Complete All Information To Calculate.
Your Monthly Repayment:
Total Number of Repayments
Total Interest Paid
When using our equipment calculator, please be mindful that it is provided as a resource to provide an estimate and the amount calculated does not mean that is an offer or a quote for a loan or an approval. When you enter the amount you want to borrow, that does not include any fees and changes that may be charged by a lender or bank. To get a more accurate loan estimate, ensure you allow for any extras that you may want included in the loan such as insurance, warranties, equipment installation etc.
The result you are shown as the monthly repayment is an estimate only. The calculator is a general tool which provides general estimates based on amounts and time periods. Your specific loan may differ and the actual repayments higher or possibly lower than the estimate.
This calculator is not suitable for calculating interest-only loans. It is designed only go regular loans and lease repayments where the interest and the amount borrowed can be calculated into repayments.
The calculator compounds interest for the term you have designated on a monthly basis.
For a specific equipment finance quote, please talk to our specialist commercial consultans to provide the accurate rates and the loan repayment schedule for your specific business and the equipment you are purchasing. This calculator is NOT designed to be your only source of financial information in regard to making your individual financial decisions. You may like to consider seeking professional financial advice from a licensed adviser.