Enter the price, deposit, term and any balloon to see an estimated monthly repayment. Most businesses finance equipment with a chattel mortgage, where you own the asset from day one. A balloon lowers monthly repayments but adds to total interest. Results are estimates only. For a real quote, Novara compares 60+ lenders and shows you which ones fit your business.
Example rate for illustration only. Not an offer.
Financed amount: $100,000 · Indicative only — not a finance offer
Buying a truck? Use the truck finance calculator.
Establishment and monthly fees, insurance, and your actual rate. Your rate depends on the asset, its age, your ABN age and your credit file. The rate in the calculator is an example for illustration only, not an offer.
No. It is an estimate based on the rate and term you enter. Your real repayment depends on the lender, the asset and your business profile. A Novara broker can give you a written quote from the lenders that suit you.
A balloon lowers your monthly repayment because part of the loan is paid at the end. You pay more interest overall, and you need a plan to pay or refinance the balloon. Test both options in the calculator before you decide.
Most businesses choose a chattel mortgage because they own the equipment from the start. Hire purchase means the lender owns it until the last payment. Our chattel mortgage vs hire purchase guide compares them side by side.
Possibly. The ATO says the $20,000 instant asset write-off is permanent from 1 July 2026 for small businesses with aggregated turnover under $10 million (ATO, updated 4 Sep 2026). This is general information only. Speak to your accountant about your situation.
Yes, many lenders finance used equipment. Age limits and terms vary by lender and asset type.
The calculator gives you the numbers. A broker gives you the deal. Novara compares equipment finance across 60+ lenders.
This calculator provides estimates only and does not constitute a finance offer or financial advice. Actual repayments will depend on lender fees, interest calculation method, and your specific circumstances. All applications are subject to lender criteria and approval. Novara Finance Pty Ltd ABN 99 687 789 144 is a credit representative under Australian Credit Licence 517192.