Arkwealth
Repayments

Repayments on a vehicle, truck, machine or equipment, with deposit, trade-in, fees and balloon.

$
$5,000$250,000
$
$0$27,000
$
$0$27,000

After any payout

yrs
1 yr7 yrs
%
0.00%25.00%

Illustrative rate, not a lender offer

%
0%50%

$9,000 at the end

Repayment frequency

Estimated weekly repayment

$165/ week

About $330 fortnightly or $715 monthly
Total payable$51,928
Amount financed
$40,395
Total interest
$11,533
Total fees
$395
Balloon at end
$9,000
Cost of financeInterest plus all fees
$11,928
Total repayments260 repayments plus the balloon
$51,928

Calculator results are indicative estimates only and do not constitute a finance quote, offer, approval or financial advice. Actual repayments, rates, fees and loan terms depend on the lender, product and individual circumstances.

Loan journey

How the loan runs down

$0
$15k
$29k
$44k

Year 5

Balance owing$9,000

StartYear 1Year 2Year 3Year 4Year 5
Balance owing
How it works

How the asset finance repayment figures are worked out

  1. 01

    The amount financed is the price, less your deposit and trade-in, plus any fee you add to the loan.

  2. 02

    Each repayment covers that period's interest and pays down part of the balance, finishing at the balloon if you set one.

  3. 03

    Cost of finance is the interest plus every fee, so you can see the full price of borrowing, not just the repayment.

Calculator results are indicative estimates only and do not constitute a finance quote, offer, approval or financial advice. Actual repayments, rates, fees and loan terms depend on the lender, product and individual circumstances.

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