Asset & equipment calculator
Calculate repayments, deposit and final balloon payment.
Your finance details
Change a figure to update your estimate.
Unit: Australian dollars.
Use the total price, including any GST.
Unit: Australian dollars.
Unit: percent.
Illustrative rate. Use your quoted rate.
Unit: years.
Unit: Australian dollars.
A lump sum due with the final repayment.
A balloon reduces regular repayments but leaves a lump sum due and usually increases interest. Confirm eligibility with your lender.
View the repayment table
Each row is one month. Figures are rounded to cents; the final payment clears the remaining balance.
| Payment | Paid | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | $990.06 | $291.67 | $698.39 | $49,301.61 |
| 2 | $990.06 | $287.59 | $702.47 | $48,599.14 |
| 3 | $990.06 | $283.49 | $706.57 | $47,892.57 |
| 4 | $990.06 | $279.37 | $710.69 | $47,181.88 |
| 5 | $990.06 | $275.23 | $714.83 | $46,467.05 |
| 6 | $990.06 | $271.06 | $719.00 | $45,748.05 |
| 7 | $990.06 | $266.86 | $723.20 | $45,024.85 |
| 8 | $990.06 | $262.64 | $727.42 | $44,297.43 |
| 9 | $990.06 | $258.40 | $731.66 | $43,565.77 |
| 10 | $990.06 | $254.13 | $735.93 | $42,829.84 |
| 11 | $990.06 | $249.84 | $740.22 | $42,089.62 |
| 12 | $990.06 | $245.52 | $744.54 | $41,345.08 |
| 13 | $990.06 | $241.18 | $748.88 | $40,596.20 |
| 14 | $990.06 | $236.81 | $753.25 | $39,842.95 |
| 15 | $990.06 | $232.42 | $757.64 | $39,085.31 |
| 16 | $990.06 | $228.00 | $762.06 | $38,323.25 |
| 17 | $990.06 | $223.55 | $766.51 | $37,556.74 |
| 18 | $990.06 | $219.08 | $770.98 | $36,785.76 |
| 19 | $990.06 | $214.58 | $775.48 | $36,010.28 |
| 20 | $990.06 | $210.06 | $780.00 | $35,230.28 |
| 21 | $990.06 | $205.51 | $784.55 | $34,445.73 |
| 22 | $990.06 | $200.93 | $789.13 | $33,656.60 |
| 23 | $990.06 | $196.33 | $793.73 | $32,862.87 |
| 24 | $990.06 | $191.70 | $798.36 | $32,064.51 |
| 25 | $990.06 | $187.04 | $803.02 | $31,261.49 |
| 26 | $990.06 | $182.36 | $807.70 | $30,453.79 |
Showing 26 of 60 repayments.
How this estimate works
- AUD estimate using a constant nominal annual interest rate, with payments at the end of each period.
- Interest is calculated each repayment period: annual rate divided by 12 monthly, 26 fortnightly or 52 weekly. Actual lenders may calculate interest daily.
- Weekly and fortnightly repayments are calculated for the selected term; they are not half or one-quarter of a monthly repayment.
- Interest and repayments are rounded to cents each period. The last instalment is adjusted to clear the balance.
- No establishment, ongoing, early repayment or other fees are included. This is an estimate, not a lender quote or approval.
- The entered balloon is an AUD amount payable at the end of the term, in addition to the last regular instalment. It remains outstanding and attracts interest until then.
- Amount financed equals the entered asset price less the deposit. Total outlay includes that deposit and all loan repayments, including the balloon.
- Amounts are used exactly as entered. No GST is added, removed or refunded, and no tax deductions, depreciation or accounting treatment are calculated.
This is a simple repayment estimate. The price is used as entered; no GST credit, deduction or other tax benefit is calculated. Fees, finance product terms and any residual treatment need confirmation with HOL and your adviser.