Easy Truck Loan Calculator
Streamline and Simplify, Evaluating & Structuring Heavy Vehicle Loans with the Easy Truck Finance Calculator. Estimate Your Heavy 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.
Quickly Generate Interest Rate Comparisons, Credit Options Using a Truck Finance Calculator
Heavy vehicle loan interest rates vary across the lending sector, with different credit products, and can vary for individual business profiles. Comparing rates to ensure the best is secured to deliver the most cost-effective solution can be a challenge. The calculating device takes much of the guesswork out of comparing rates. It allows operators to quickly convert rates to repayment estimates for their choice of credit facility, and for the purchase price of their specific vehicle.
This also enables comparisons of rates based on repayments, comparisons of different credit options, and comparisons of vehicle purchases, quick and simple processes.
- Compare rates for Leasing, Chattel Mortgage, Rent-to-Own, and Commercial Hire Purchase.
- Compare repayments at different rates for different vehicles.
- Compare lenders. As a guide, operators can use our current rates and set a benchmark to compare other lenders. Noting how competitive we are in the heavy vehicle lending sector.
- Compare rates now by generating your estimate!
Easy Truck Finance provides highly competitive heavy vehicle interest rates, sourced from a field of more than 80 lenders. Our lender base includes the banking sector, credit providers, and of particular importance to heavy vehicle operators, specialist lenders in the commercial vehicle lending market. Access to this vast and specialist lender base, provides our brokers with the resources to secure not only the best rates, but the lender that is a best match to the profile of the operation. Opening opportunities to secure the most competitive rates and the most suitable lending terms and conditions. For your best lender match and best rates, connect with Easy!
- Quick estimates to compare heavy vehicle interest rates.
- Calculate & compare rates on Lease, Chattel Mortgage, CHP, Rent-to-Own.
- Secure competitive rates from 80+ lenders through Easy!
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The process of planning heavy vehicle acquisitions with financing, can be streamlined and simplified with the assistance of our loan calculation device. A simple to use tool that delivers fast estimates which can be used to compare, prepare and structure loans for heavy vehicles. Making the process of obtaining what can be complex computations, a quick and easy 4 step process. Empowering CFOs, accounting managers, business owners and sole traders to calculate loan estimates on any vehicles, with their choice of credit product. Providing the flexibility and versatility to work up multiple loan combinations to evaluate and support budget preparation and the selection of vehicles to purchase. To start preparing the figures you require to make informed finance and purchase decisions, enter your data now!
Plan Structure, Prepare Budgets – Flexible, Versatile Truck Finance Calculator
One of the most challenging parts of selecting a heavy vehicle is trying to figure out how the quoted pricing translates to monthly loan payments. A figure that many operators will want to assess affordability of particular vehicles with their cash flow projections. The calculating tool makes that step quick and easy by changing prices to monthly payments in a few quick entries. Enter the vehicle price, rate for the finance product selected, finance term required, balloon percentage, and the monthly commitment figure is calculated and displayed. Quickly and easily compare repayments on light, medium, and heavy-duty vehicles to assist with selection decisions.
Calculating interest charges over a full loan term, while allowing for end-of-term payments such as residuals and balloons, to work out a monthly payment, requires complex computations. Our calculation tool has the functionality to allow operators to carry out that calculation very easily. To complete these calculations, simply type in the amounts relating to your preferences and vehicle selection. Change any or all amounts to obtain different repayment figures to evaluate. Forget the guesstimating when it comes to major business decisions. Get quick estimates!
Make developing plans and budgets for major investments in heavy vehicles more streamlined using our loan calculation tool. This practical device empowers business owners and financial executives to quickly obtain meaningful figures to prepare budgets and evaluate a range of options. Calculate different combinations of loan, term, balloon to see what will work best with cash flow and with ROI targets. Simply prepare figures for consideration by partners, boards, management, colleagues, to support the process of making major business decisions.
We’ve designed our calculation tool with user-friendly operation and with the versatility to suit all types of businesses and all types of heavy vehicles. The online accessibility provides an extra level of convenience. Enabling operators that spend most of their time on the road, access to a powerful tool to plan their next heavy vehicle purchase. Calculate estimates while resting at a truck stop, over a coffee while waiting for the next pick-up order, when filling out your log book, at the weekend while doing your paperwork, on the work site, in the office, or while watching the kids sport! Wherever you can find time and you have a device with online connectivity, you can calculate heavy vehicle loan estimates.
New models with lower emission engines can promise greater fuel efficiency and the opportunity to reduce costs, emissions and meet new compliance requirements. But does the price tag represent a cost-effective purchase for your business? Generating repayment estimates may provide the answer. Compare pricing on all types of vehicles to establish the make, the model, the configuration, and the engine type that delivers repayments that won’t stress your cash flow. Compare buying a truck and a trailer or a vehicle built to work as a single unit with separate purchases. Consider all your options based on easily generated loan estimates.
Quickly Calculate Payments for Different Vehicle Prices
One of the most challenging parts of selecting a heavy vehicle is trying to figure out how the quoted pricing translates to monthly loan payments. A figure that many operators will want to assess affordability of particular vehicles with their cash flow projections. The calculating tool makes that step quick and easy by changing prices to monthly payments in a few quick entries. Enter the vehicle price, rate for the finance product selected, finance term required, balloon percentage, and the monthly commitment figure is calculated and displayed. Quickly and easily compare repayments on light, medium, and heavy-duty vehicles to assist with selection decisions.
Simply Achieve Complex Computations
Calculating interest charges over a full loan term, while allowing for end-of-term payments such as residuals and balloons, to work out a monthly payment, requires complex computations. Our calculation tool has the functionality to allow operators to carry out that calculation very easily. To complete these calculations, simply type in the amounts relating to your preferences and vehicle selection. Change any or all amounts to obtain different repayment figures to evaluate. Forget the guesstimating when it comes to major business decisions. Get quick estimates!
Generate the Figures Needed to Produce Budgets, Evaluate Options
Make developing plans and budgets for major investments in heavy vehicles more streamlined using our loan calculation tool. This practical device empowers business owners and financial executives to quickly obtain meaningful figures to prepare budgets and evaluate a range of options. Calculate different combinations of loan, term, balloon to see what will work best with cash flow and with ROI targets. Simply prepare figures for consideration by partners, boards, management, colleagues, to support the process of making major business decisions.
User-friendly, Online Simplicity and Convenience for All Businesses
We’ve designed our calculation tool with user-friendly operation and with the versatility to suit all types of businesses and all types of heavy vehicles. The online accessibility provides an extra level of convenience. Enabling operators that spend most of their time on the road, access to a powerful tool to plan their next heavy vehicle purchase. Calculate estimates while resting at a truck stop, over a coffee while waiting for the next pick-up order, when filling out your log book, at the weekend while doing your paperwork, on the work site, in the office, or while watching the kids sport! Wherever you can find time and you have a device with online connectivity, you can calculate heavy vehicle loan estimates.
Easily Compare Financing on Different Vehicle Options
New models with lower emission engines can promise greater fuel efficiency and the opportunity to reduce costs, emissions and meet new compliance requirements. But does the price tag represent a cost-effective purchase for your business? Generating repayment estimates may provide the answer. Compare pricing on all types of vehicles to establish the make, the model, the configuration, and the engine type that delivers repayments that won’t stress your cash flow. Compare buying a truck and a trailer or a vehicle built to work as a single unit with separate purchases. Consider all your options based on easily generated loan estimates.
Convenient Online Truck Finance Calculator for Estimates, Comparisons, Preparations
- User-friendly, simple process to generate repayment estimates.
- Calculate a full range of options for evaluation.
- Decide on the make, model, configuration with pricing to suit cash flow.
- Easily prepare budgets for major investment decisions.
- Establish individual preferences for structuring truck loans.
Effortless Truck Finance Calculator Process to Generate Highly Useful Figures
Using our calculation tool to generate meaningful, useful loan figures is quite an effortless procedure. You will need to source prices of vehicles to use as loan totals and decide on your credit facility preference to use the appropriate interest rate. Then it’s just four basic online steps to estimating your loan repayments.
The total entered can be the vehicle pricing for no deposit financing. Include dealer charges and accessories which may be included on the dealer invoice. Deduct any trade-in value or downpayment where applicable.
Enter the rate of interest for Leasing, Rent-to-Own, CHP or Chattel Mortgage. Use our rates or other lender rates to draw comparisons. Enter each rate separately to compare credit facilities.
The term entered can be up to 7 years and may be based on ROI targets, ownership cycle, or personal preference. If opting for a Chattel Mortgage or CHP balloon, enter the preferred percentage. The dollar amount for the balloon should not be deducted from the loan total. The device has the functionality to complete this computation.
With these four entries done, the monthly commitment figure is displayed. To carry out another calculation based on different loan totals, rates, terms and balloons, simply enter another set of figures and note the result. It’s fast, easy to use, and delivers the intel that operators need to make those important purchase decisions.
- Easy-use truck finance calculator.
- Simple four step operation.
- Generate meaningful financing figures.
Request a Truck Finance Quote from Easy to Follow Through on Estimates!
To follow through on the estimating process and to obtain a quote with the most competitive interest rates and based on your specific profile and credentials, connect with Easy Truck Finance.
Our process for applying for truck loans is also streamlined and simple. Just upload the required details for our brokers to handle your requirements. We then source the best rates from our vast lender base, structuring solutions to best meet individual preferences, and saving you time and trouble.
Request a quote or apply online or over the phone for fast 24 hour approval.
Most Frequently Asked Questions About Truck Finance
How do I bring up previous calculations to refer back and compare?
The device does not have a memory to store results. Users should note results obtained if they are required for future reference.
What is the process for calculating truck loans using an online device?
Using an online finance estimating device involves the user entering amounts for their loan and purchase in the fields as designated. The fields are for the total loan, the interest rate, the term, and a balloon. When amounts have been entered into all the fields, the device automatically calculates the monthly repayment figure for that combination of amounts. To make a calculation with a different set of figures, the user enters other numbers.
How are comparisons with credit products carried out with a truck finance calculator?
Comparisons of repayments for different credit products is carried out using an online estimating tool by entering the percentage interest rate for the specific products. Carry out individual calculations for each product at the specific rate, and note the repayment displayed.
What is a balloon?
The balloon is included as a standard option with CHP and Chattel Mortgage. It is a percentage of the loan total which is due for finalising after the last repayment is made. The calculation tool automatically allows for a balloon when calculating the monthly repayment figure.
Does the monthly repayment shown on an online estimating tool have GST?
GST applies to monthly payments on Leasing and Rent-to-Own credit facilities and not with Chattel Mortgage and Hire Purchase. When calculating repayment estimates, the tool does not include GST. If applicable, GST will be advised when the contract is prepared.
What types of business operators can use a truck loan calculator?
All types of business set-ups and structures may use an online loan calculation tool. This includes SMEs, large companies, sole traders, owner-drivers, partnerships, trusts, and family enterprises.
Can an online calculator be used to estimate Low Doc Truck Loans?
Estimates for all types of loans may be generated using an online calculating tool. Operators requiring low doc options should be mindful that the interest rate they are offered, and total and term approved will be subject to lender assessment of their specifics. All estimates are to be used for guide purposes only.
What is the procedure to confirm and check repayments obtained with an online calculator?
Results obtained using an online loan calculating device are estimates for use as a guide only. To receive a confirmed repayment, operators should request a quote based on their specific application from a broker or lender.
How can I compare heavy vehicle interest rates using a loan calculating tool?
To compare rates using a loan estimator, users carry out separate calculations with different rates entered. They can then compare the repayment figure generated with the different rates.
What is the appropriate interest rate to use when calculating estimates?
Calculating tool users can enter any rate they have source from credit providers. Ensure the rate corresponds to the required credit facility. For estimating purposes, users may enter the rates as displayed by the provider of the calculating tool.
Let Easy Truck Finance simplify the process by taking care of the complicated steps for you
