Online calculators

 

Brokers ink finance can take the mystery out of  financing?

If you are thinking about buying a Car | Boat | Truck | Bike | Caravan or Equipment but are confused about how financing works, using our loan calculator will help. Financing involves much more than just taking the cost of the asset and breaking it into monthly payments. When utilising any calculator please take into consideration things like lenders fees, warranty, rev’s charges, documentation fees and of course insurances if you intend to include them in your finance package.

Loan Repayment Online Calculators

Using an online loan calculator will let you see exactly how changing interest rates or loan terms will affect your monthly payment. You can also use it to help determine a price range for vehicles you should be looking at to be sure your repayment fits into your monthly/weekly budget.

An loan calculator is a valuable tool for anyone who plans to purchase a vehicle. Please use our loan repayment tool supplied on every page of the Brokers ink finance website. Repayment amounts are estimates only please call for an accurate finance assessment.

If you plan to purchase a vehicle for $20,000 and finance the purchase for 48 months at an interest rate of 7.5 percent and want to know what your estimated monthly loan repayment will be.

Using the online loan calculator you enter 7.5 as the interest rate, 48 for the loan term in months, 20,000 as your loan amount and click “calculate”. Instantly, the calculator will tell you that your monthly payment would be $484.00. Now try changing any one of those values and see what happens to your monthly payment. In general, a higher interest rate or shorter loan term will make your payment much higher. A lower interest rate or longer loan term will reduce your payments. This is true even though the cost of the vehicle stays the same.

For additional information on rates, check out this very informative Interest rates explained page.

 

Why use Brokers ink Finance?

 The Brokers ink Finance will finance over 5 million dollars worth of car, boat, truck, Jet Ski, equipment and car finance this year! Due to this volume and buying power, we can give our clients access to low finance rates and great loan products across Australia.We will beat any written quote.

Need further information?

If you require further assistance with finance, please complete our enquiry now form or call an experienced car finance consultant on

 Free call: 1300 003 462 – 7 days a week.(you will be talking to a real live Australian!)