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Asset Finance Calculator

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Your Asset Finance Summary
Finance Amount
$48,000
Monthly Repayment
$960/mth
Total Interest
$6,200
Total Cost
$66,200

Comparison Across Different Terms

Loan TermMonthly PaymentTotal InterestTotal CostEffective Rate

Repayment Schedule (First 12 Months)

Payment #PaymentPrincipalInterestBalance

How It Works

Asset finance allows you to acquire essential business assets without large upfront capital expenditure. Spread the cost over the asset's useful life.

Perfect for vehicles, equipment, machinery, and technology needs.

Tip: Compare different loan terms to find the right balance between monthly payment and total interest cost.

Key Benefits

  • Preserve working capital
  • Flexible repayment terms
  • Interest is tax deductible
  • Match payments to asset life
  • Budget with certainty
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Disclaimer: This calculator provides estimates only and is not financial advice. Interest rates and terms vary by lender and applicant circumstances. Please consult with a qualified financial advisor for personalized advice.

Frequently Asked Questions

What is asset finance?+

Asset finance is a broad term for loans and leases used to acquire business assets like vehicles, equipment, machinery, and technology. The asset itself typically serves as security for the finance, which can result in lower rates compared to unsecured borrowing.

What are the different types of asset finance?+

Main types include chattel mortgage (ownership from day one), finance lease (lease with purchase option), operating lease (off-balance sheet rental), hire purchase (pay then own), commercial loan (flexible purpose), and rent-to-own. Each has different tax, accounting, and cash flow implications.

How quickly can I get asset finance approved?+

Simple asset finance applications (vehicles, standard equipment) can be approved within 24-48 hours for established businesses. More complex applications or larger amounts may take 1-2 weeks. Having your financials ready (BAS, tax returns, bank statements) speeds up the process.

Important Disclaimer & Assumptions

Assumptions: Actual rates and terms depend on asset type, age, your business profile, and the finance structure chosen. Comparison across different terms assumes the same rate, which may not reflect actual pricing.

General Disclaimer: This calculator is provided by Mortgage & Finance Advisory (Credit Representative 575841 of Connective Credit Services Pty Ltd, Australian Credit Licence 389328) for illustrative and educational purposes only. Results are estimates based on the information you provide and the assumptions listed above. They do not constitute financial advice, a loan offer, or a guarantee of any outcome.

Actual loan terms, interest rates, fees, government charges, and eligibility criteria will vary between lenders and depend on your individual circumstances. Interest rates used are for comparison purposes only and may not reflect current market rates.

We recommend seeking independent financial, legal, and tax advice before making any financial decisions. For personalised advice tailored to your situation, please book a free strategy call with our team.

© 2026 Mortgage & Finance Advisory. All rights reserved. ABN: 90 732 203 952 | Credit Representative 575841 of Connective Credit Services Pty Ltd, Australian Credit Licence 389328