Compare your current vehicle or equipment loan with a refinance, by cash flow and total cost.
Monthly cash flow
$192 lower
each month
Total remaining cost
$1,513 more
over the life of each loan
- Monthly
- $895
- Term
- 3 yrs
- Balloon
- $0
- Total to pay
- $32,220
Current loan
- Monthly
- $703
- Term
- 4 yrs
- Balloon
- $0
- Total to pay
- $33,733
Refinance
The lower repayment comes from a longer term, not a saving. Over the life of the loan you would pay $1,513 more, including $1,295 in fees and exit costs.
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.
How the asset refinance figures are worked out
- 01
Enter your current balance, rate, months left and repayment, then the proposed refinance.
- 02
Fees and payout costs can be added to the new loan or paid upfront.
- 03
The monthly change and the total cost change are shown separately, so a longer term is never mistaken for a saving.
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.
- Asset cash flowWill the asset pay for itself? Weigh what it earns against the repayment and running costs.
- Fleet calculatorPrice several vehicles or machines at once and see the repayment for the whole fleet.
- Asset finance repaymentsRepayments on a vehicle, truck, machine or equipment, with deposit, trade-in, fees and balloon.
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