Fast & Easy Loan Calculator
My Finance Calculator – Your Fast & Efficient Loan Estimating Tool. Estimate Your Financing Now!
This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Easily Use My Finance Calculator for All Business and Personal Loans
This versatile loan tool works equally as effectively to estimate both business funding and personal loans. Individuals can estimate secured personal loans for boats, caravans, motor vehicles, and motorbikes and unsecured loans for a wide range of purposes including weddings and holidays. Business owners can efficiently calculate and structure financing requirements for asset purchases, cash flow support credit, and other commercial credit facilities.
All borrowers can compare repayments with interest rates from different lenders to determine which lender is the most competitive. To get started, use the interest rates we are currently achieving across our loan portfolio. We are highly competitive in both personal and commercial loans so contact us for a quote on your funding requirements.
The interest rate is integral to any loan. Determining the repayments and the total outlay for the borrowings and the goods. We provide borrowers with expert services to efficiently source the most competitive rate to suit their individual profile and requirements. We have connections with more than 80 lenders, covering both personal and commercial markets. Connections which we utilise to quickly find our customers the best rate on the market. Request a quote for our experts to find your most competitive interest rate loan.
- Calculate repayments on all types of personal loans.
- Structure, assess and evaluable commercial loans – vehicles, trucks, equipment.
- Get quick estimates for car, boat, caravan, motorbike, holiday loans and many more.
Read more...
Need reliable figures to make asset acquisition plans for your business?
Want to know your personal loan options before you buy?
Have no idea what the price of a car, caravan, motorbike represents in loan payments?
Would you like to easily compare interest rates?
Just want an idea of what a loan might look like without having to contact lenders?
Our online loan estimating tool enables businesses and private borrowers to carry out all those tasks, and more, quickly and easily. The must-have for astute buyers of a wide range of personal goods and business assets requiring funding. Our loan calculation tool places the power in the hands of individuals and businesses, to estimate repayments, establish their loan structure preferences, compare lender rates, convert prices to payments and assess their options from their own device. Be better prepared to take on credit and to proceed with key acquisitions by estimating your loan now.
Quickly Generate Loan Estimates to Prepare, Plan & Compare with My Finance Calculator
One of the most widely used functions of our online loan estimator is to change the price of goods into monthly loan payments. Buyers planning to take on credit can quickly enter the price of the goods under consideration, preferred term and relevant interest rate, and immediately see what that price represents in monthly loan payment estimates. The monthly commitment can be a far more significant number to buyers planning financing than the RRP. It takes just seconds, and you can repeat the process for as many options as you are considering.
When it comes to business funding budgets, the device is invaluable in replacing guesstimates with estimates. Estimates for all types of commercial credit facilities can be generated – Chattel Mortgage, Leasing, Hire Purchase, Rent-to-Own, Unsecured Business Loans. Equipping business operators with a valuable tool to prepare figures to compare with cash flow and ROI targets and assist with important asset acquisition investment decisions.
Many commercial loans can involve large amounts and long repayment terms. Getting the structure right can be critical to cash flow over the term and achieving key objectives. With all amounts entered under the control of the user, our device empowers operators to work up options based on any number of loan configurations. Generate payments over different terms, with varying balloons, and with different credit facilities. Establish your preference to be ready to brief our brokers to source the right solution for your requirements.
Most buyers – private and business, will have numerous options available when purchasing motor vehicles, marine vessels, trucks, equipment and caravans. A wide range of brands, models, variants, new and second-hand, demos to consider. Comparing all available options based on repayment estimates is a simple process with our loan estimating device. Work out payment estimates for each option to narrow down the list and move more quickly and confidently with your purchase.
Taking on finance can be a major decision for many individuals. Where a personal loan is being considered for wedding expenses, medical costs, education, goods for the home, property renovations, and other purposes, use the estimating device to calculate monthly repayments before committing. Evaluate the repayments for affordability with your budget, and to provide greater confidence to make those major financial decisions.
Convert the Price to Loan Payments
One of the most widely used functions of our online loan estimator is to change the price of goods into monthly loan payments. Buyers planning to take on credit can quickly enter the price of the goods under consideration, preferred term and relevant interest rate, and immediately see what that price represents in monthly loan payment estimates. The monthly commitment can be a far more significant number to buyers planning financing than the RRP. It takes just seconds, and you can repeat the process for as many options as you are considering.
Generate Budget Figures for Business Funding
When it comes to business funding budgets, the device is invaluable in replacing guesstimates with estimates. Estimates for all types of commercial credit facilities can be generated – Chattel Mortgage, Leasing, Hire Purchase, Rent-to-Own, Unsecured Business Loans. Equipping business operators with a valuable tool to prepare figures to compare with cash flow and ROI targets and assist with important asset acquisition investment decisions.
Prepare Commercial Funding Preferences
Many commercial loans can involve large amounts and long repayment terms. Getting the structure right can be critical to cash flow over the term and achieving key objectives. With all amounts entered under the control of the user, our device empowers operators to work up options based on any number of loan configurations. Generate payments over different terms, with varying balloons, and with different credit facilities. Establish your preference to be ready to brief our brokers to source the right solution for your requirements.
Compare Repayments on Multiple Makes, Models
Most buyers – private and business, will have numerous options available when purchasing motor vehicles, marine vessels, trucks, equipment and caravans. A wide range of brands, models, variants, new and second-hand, demos to consider. Comparing all available options based on repayment estimates is a simple process with our loan estimating device. Work out payment estimates for each option to narrow down the list and move more quickly and confidently with your purchase.
Evaluate Affordability to Support Major Financial Decisions
Taking on finance can be a major decision for many individuals. Where a personal loan is being considered for wedding expenses, medical costs, education, goods for the home, property renovations, and other purposes, use the estimating device to calculate monthly repayments before committing. Evaluate the repayments for affordability with your budget, and to provide greater confidence to make those major financial decisions.
Convenient Online Access, Simple Use, Powerful Functions
- Generate loan payments when and where you choose.
- Simple, basic online operation.
- Price to payment in seconds.
- Online access, Australia-wide.
- Convenient, confidential, efficient.
How does My Finance Calculator work? With 3-4 simple moves.
Getting loan payment estimates with our online tool is a very simple operation. Users need only enter the values relating to their loan in the fields provided and the device completes the complex computations.
The total loan is the amount required. This may be the total purchase price if no deposit financing is preferred or the price of goods less any trade-in or deposit.
The rate of interest to enter will be the rate for the type of loan you are seeking. As a guide, refer to our current rate table. The loan term is the number of years or months to repay the loan. Loans may be approved for up to 84 months on some credit products.
An additional optional step for business owners is to enter the value of any balloon required. This is relevant to Commercial Hire Purchase and Chattel Mortgage.
Once all the fields have been filled, the monthly loan repayment estimate is shown. To carry out another calculation, simply change the figures entered. Where the repayments are not in line with budgets or expectations, change the term and total until the monthly figure does meet your requirements.
Users should note down the results as the device does not have a memory function. Start estimating your repayment estimates now.
Directly Access Experts to Source Competitive Rates, Quick Quotes, Fast Loan Approval
After calculating your estimates, connect with our expert brokers for personal attention and service to source your financing quote. Our brokers are specialists in both private and business funding, and individually identify the right lender to ensure the most competitive rates are secured.
We handle the entire loan process for customers from initial connection through to settlement. Assisting with application processing and approval, structuring financing to meet specific targets and preferences, and ensuring a streamlined settlement procedure. Approvals can be obtained within 24 hours. Request a quote now!
Most Frequently Asked Questions About Finance Calculators
What personal loans does an online finance calculator estimate?
Online loan calculation devices can estimate secured and unsecured personal loans. Secured loans are typically used to fund cars, boats, motorcycles and caravans. Unsecured loans can be used to fund a range of purposes such as weddings, holidays, educational and medical expenses and similar.
What is the right interest rate to use when using a loan calculator?
Loan rates are individually offered by lenders. For estimation purposes, borrowers can use the rates shown by the provider of the calculation device. Rates are different for different loan types. For an accurate result, ensure the rate corresponding to the chosen loan type is used.
What commercial credit facilities can I calculate with an online finance tool?
Financing estimators can be used for Leasing, Chattel Mortgage, Commercial Hire Purchase, Rent-to-Own, Unsecured Business Loans, Secured Business Loans, lines of credit and specialised credit products such as Insurance Premium Funding.
What is the difference between a loan estimate and a quote?
A loan estimate is a repayment figure based entirely and solely on the data provided in a calculator. An estimate does not take into account the credit history and score of the borrower or their financial position. Estimates do not include all the costs involved with lender fees. A quote is provided by a lender and does take into account both fees and the specifics of the applicant.
How do I handle a balloon when calculating Chattel Mortgage estimates with an online calculator?
To calculate estimates including a balloon, enter the percentage in the field indicated. Do not deduct the dollar amount of the balloon from the loan total. The loan total should be the total amount required. The calculation device will automatically allow for the balloon when generating the payment estimate.
Can I use a loan calculator to estimate a loan for a wedding?
Yes. Weddings may be financed with Unsecured Personal Loans. Enter the amount required for the loan as the total, the interest rate corresponding to an Unsecured Personal Loan, and the number of years or months required to repay the loan. The monthly payment estimate will be displayed.
I plan to trade-in my current car for a new one. How do I handle the trade value when working out estimates for the new loan?
When using a trade-in to reduce the purchase price of a new car, deduct an estimate of the trade value from the new car price to enter as the total required.
Is GST included in the loan estimates with an online calculation device?
No. Online financing calculators can be used to estimate all types of loans and GST on monthly payments only applies with Rent-to-Own and Leasing. GST is not included in the monthly payment estimated but would be included when a lender provides financing agreement.
Does a loan calculator store my calculations so I can reference them later?
No. Online loan estimators typically do not have a memory to store calculations. Users should note the results separately for reference if required.
What is the maximum loan total for online calculators?
Unless specifically noted, online loan estimating devices do not have a maximum financing amount. Lenders may have both minimum and maximum totals for certain credit products. Lenders will establish borrowing limits for individual applicants when assessing the application.
Let Easy Finance simplify the process by taking care of the complicated steps for you
