Estimate repayments for financing business equipment or machinery, including an optional balloon (residual) payment — commonly structured as a chattel mortgage.
Asset & finance details
$80,000 asset · $8,000 deposit
$
$
% p.a.
years
% of asset price
Estimated monthly repayment
$0
Over 4 years
Amount financed$0
Balloon / residual due at end$0
Total interest$0
Total amount payable$0
Assets financed under a chattel mortgage are typically owned by the business from settlement, which may allow GST credits and depreciation to be claimed — the exact tax treatment depends on your business structure and use of the asset. Speak with your accountant about how this applies to you.
Important information: This calculator provides estimates only and does not constitute a loan offer, pre-approval, financial, credit, or tax advice. It assumes the interest rate entered remains fixed for the entire finance term. A balloon or residual payment reduces your regular repayments but means a lump sum is owed at the end of the term — you may need to refinance, sell the asset, or pay this amount in full. This calculator does not account for establishment fees, ongoing account fees, GST treatment, or depreciation, all of which vary by business structure and asset type. Speak with us, and with your accountant, for an assessment based on your actual circumstances.
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