Equipment Finance Calculator — Compare Loan Structures

🏪 Purchase Source

Where is the asset being purchased from?

Licensed Dealer: Standard EF application. Most lenders accept dealer purchases with standard documentation.

🚗 Asset Details

Asset Type

Asset Condition

Asset Age (if used)

📋 Asset Description (Click to expand) *Required for Quote ▼

Make / Brand *

Model *

Year of Manufacture *

VIN (Vehicle Identification Number)

Engine Number

Registration Number

Odometer (km)

Serial Number

Description / Notes

Purchase Price (ex GST)

GST (10%)

Total Price (inc GST)

📋 Finance Structure

🚗

Chattel Mortgage

Own from day 1

🔑

Finance Lease

Rent to own

🔄

Rental / Operating

Return at end

Chattel Mortgage: You own the asset immediately. Claim GST upfront. Interest and depreciation are tax deductible. Most common for ABN holders.

⚙️ Loan Terms

Deposit

Term

Interest Rate (p.a.)

Balloon / Residual (%)

Balloon Amount

ATO Residual Guidelines: Max residual for 48 months is 37.50% per ATO. However, most lenders accept up to 30% for 5-year terms as standard practice.

Repayment Frequency

👤 Borrower Details

Full Borrower Name (Individual or Entity) *

ABN

ABN Age

GST Registered

Eligible for Instant Asset Write-Off ($20,000 threshold - FY24/25)

📊 Indicative Repayment Summary

Estimated Repayment

$0

per month

Finance Amount

$0

Total Interest

$0

Total Repayments

$0

Balloon Payment

$0

Important Disclaimer: The repayment figures shown are indicative estimates only and are subject to lender approval. Actual repayments may vary as some lenders include establishment fees, account keeping fees, and other charges within the total repayment amount. Final rates and terms are subject to credit assessment and lender policies. Please obtain a formal quote from your lender for accurate figures.

💰 Tax Benefits (Estimated)

GST Claimable

$0

Upfront claim

Interest Deduction

$0

Over loan term

Depreciation

$0

Per year (approx)

Instant Asset Write-Off: Assets under $20,000 may be fully deductible in the year of purchase.

⚖️ Structure Comparison

Feature	Chattel	Lease	Rental
Monthly Payment	$0	$0	$0
Total Cost	$0	$0	$0
GST Claim	Upfront	Monthly	Monthly
Ownership	Immediate	At end	Never
Best For	Most ABNs	Cash flow	Short term

📧 Request Lender Quote

Generate a professional quote request to send to lenders. This includes all required asset and borrower information.

Ef Tool

📧 Lender Quote Request

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