![]() Jade provides equipment finance for up to 7 year terms. Loan Term: This is a drop-down field where you simply select the number of years you would like to repay the loan.Consider including additional amounts to cover any out-of-pocket expenses associated with the purchase such as delivery charges, installation and commissioning which we may be able to include in the loan. As we offer no deposit finance, this amount can be 100% of the purchase price of the equipment. Loan Amount: Enter the total amount you want for your loan.It’s free and very easy to use with simple steps and easy to follow data fields as you already use with similar online forms. Use it on your office desktop computer, out on site on your mobile phone or on a tablet while taking a break. The calculator is an online resource so you can use it from any device with an internet connection. Our calculator is the essential tool for comparing different makes and models with different price tags and comparing repayments for different interest rate loans.Īccessible, Free to Use Online Equipment Loan Repayment Calculator ![]() ![]() We’ve set-up our Finance Calculator as a resource to enable business operators to access rough repayment estimates on any equipment, plant or machinery they are considering buying. We have provided the perfect solution to calculating loan repayments quickly, easily, in the privacy of your own surrounds and with a massive plus - no special maths skills are required! We understand the needs, and the demands, of our customers and have responded with our finance repayment calculator. In today’s on-demand environment, business owners want access to that information in a timely manner and preferably to suit their time schedule. Or perhaps you just want to do your planning behind the scenes privately before contacting us or another lender. Often you might be doing your paperwork in the evening or browsing the net for equipment deals while taking a break on site and the time is not ideal to make an extended call for a loan quote. Translating the equipment purchase price into more easily relatable monthly loan repayments is what most business owners need to know before committing to a major asset investment. But the missing element in the acquisition process is knowing what the repayments might be on that equipment for the finance product of your choice. When seeking finance you can easily source the interest rates on offer from our company and other lenders, read about the features and benefits of the different types of loan products available and of course get the price on the equipment you’re purchasing. You may like to consider seeking professional financial advice from a licensed adviser. This calculator is NOT designed to be your only source of financial information in regard to making your individual financial decisions. The calculator compounds interest for the term you have designated on a monthly basis.įor a specific equipment finance quote, please talk to our specialist commercial consultants to provide the accurate rates and the loan repayment schedule for your specific business and the equipment you are purchasing. It is designed only go regular loans and lease repayments where the interest and the amount borrowed can be calculated into repayments. This calculator is not suitable for calculating interest-only loans. Your specific loan may differ and the actual repayments higher or possibly lower than the estimate. ![]() The calculator is a general tool that provides general estimates based on amounts and time periods. The result you are shown as the monthly repayment is an estimate only. To get a more accurate loan estimate, ensure you allow for any extras that you may want to be included in the loan such as insurance, warranties, equipment installation etc. When you enter the amount you want to borrow, that does not include any fees and changes that may be charged by a lender or bank. When using our equipment calculator, please be mindful that it is provided as a resource to provide an estimate and the amount calculated does not mean that is an offer or a quote for a loan or an approval.
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