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 provides an estimate only and does not account for fees, charges or the specific terms a lender may offer. It is not financial advice or an offer of finance.
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.