Business loan and
equipment finance calculators.

Two calculators, two different questions.

The business loan calculator answers a simple question: if a business borrows a set amount at a set rate over a set term, what is the monthly repayment and how much interest is paid over the life of the loan? It models a fully repaying term loan, the structure most often used for a fit-out, a stock purchase, a project or a working-capital top-up.

The equipment finance calculator adds a final balloon payment. Vehicle, truck, excavator and machinery finance in Australia is often written with a residual amount that falls due at the end of the term. Leaving that amount to the end lowers the regular repayment but leaves more principal outstanding, so total interest is higher. The calculator shows both sides of that trade-off.

What the calculators assume, and what they leave out.

Both models use a constant nominal annual rate, monthly compounding and equal monthly repayments made at the end of each month. Any upfront fee is treated as paid separately at settlement. They do not include ongoing account fees, rate changes, early-payout costs, insurance, or the GST treatment of an equipment purchase. They do not estimate what a lender would approve.

Australian lenders frequently quote weekly or fortnightly repayments. A weekly figure is not the monthly figure divided by four: there are 52 weeks and 12 months in a year, so a monthly repayment of $2,224 is roughly $513 a week. When a quote uses a different frequency, use the loan comparison tool, which handles fee treatment and payment schedules, rather than converting by hand.

Once you have a repayment figure, test it against the cash the business actually generates. The debt-service headroom calculator compares operating cash with existing and proposed repayments, and the 13-week cash-flow planner shows the weeks where timing is tight.