Free tool
Business car loan calculator
Estimate repayments on a business car, ute or van under a chattel mortgage, with or without a balloon.
Estimated monthly repayment
$1,048.77
- Number of repayments
- 60
- Balloon at end of term
- $19,500
- Total interest (est.)
- $17,426
- Total repaid (est.)
- $82,426
This calculator is a guide only. It uses simplified assumptions, excludes fees and charges unless stated, and is not an offer or quote. Actual repayments are confirmed by the lender in its loan contract.
How to read this
Business vehicle finance is commonly written over 3–5 years with a balloon that mirrors the vehicle’s expected resale value, keeping monthly repayments in line with what the vehicle earns.
Residual value
Residual value is the lender’s estimate of what a vehicle will be worth at the end of the term, used to set the maximum balloon.