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Calculators/Asset Finance

Asset finance calculator

Estimate repayments for vehicles, equipment and machinery. Supports chattel mortgage, finance lease and hire purchase with balloon options.

Asset details

$80,000
$5k$1M
$0
$0$40,000
7.50%
3%20%
60 months (5.0 yrs)
12 mo84 mo
0% ($0)
No balloon40%

GST-registered business

Applies GST input tax credit for chattel mortgage

Monthly repayment

$1,457

excl. fees & charges

Summary

Financed amount$72,727
Weekly equiv.$336
Fortnightly equiv.$673
GST input credit$7,273
Total repaid$87,438
Total interest$14,711
Principal 83%Interest 17%

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Disclaimer: This calculator provides estimates for illustrative purposes only and does not constitute financial advice. Results do not account for establishment fees, ongoing fees, lender-specific conditions, or changes in interest rates. GST treatment depends on your individual circumstances — consult your accountant. Actual repayments may differ. Jireh Finance Group Pty Ltd is a Credit Representative of Connective Credit Services Pty Ltd (ACL 389328). CRN Individual 571386 · CRN Commercial 580941.

MFAA Member
AFCA Member
ACL Holder
ASIC Regulated

Jireh Finance Group Pty Ltd ABN 18 724 980 977 is a Credit Representative of Connective Credit Services Pty Ltd (ACL No. 389328) and is authorised to engage in credit activities under the National Consumer Credit Protection Act 2009 (Cth). Credit Representative (Individual) No. 571386 · Credit Representative (Commercial) No. 580941.

Jireh Finance Group Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) under the Corporations Act 2001 (Cth) and the National Consumer Credit Protection Act 2009 (Cth). ASIC is Australia's corporate, markets, and financial services regulator. For information about ASIC, visit asic.gov.au .

Jireh Finance Group is a member of the Mortgage & Finance Association of Australia (MFAA) — Membership No. 186259. We are bound by the MFAA Code of Practice, which sets professional standards for mortgage and finance brokers across Australia.

Jireh Finance Group is a member of the Australian Financial Complaints Authority (AFCA) — Membership No. 124729. If you have a complaint that we cannot resolve to your satisfaction, you may lodge a complaint with AFCA at afca.org.au or call 1800 931 678 (free call). AFCA provides fair, free and independent dispute resolution for financial complaints.

General advice disclaimer: The information on this website is general in nature and does not take into account your personal financial situation, objectives or needs. Before acting on any information, you should consider whether it is appropriate for your circumstances. We recommend you seek independent financial, legal and taxation advice before making any financial decision.

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