Asset Loan Calculator
Estimate your monthly repayments and total costs for purchasing or hiring new equipment. Adjust the sliders to see how equipment cost, deposit, term, and interest rate affect your repayments.
How to use the calculator
Adjust the sliders to set the equipment cost, your deposit percentage, the repayment term, and the interest rate. The calculator updates your estimated monthly repayment and total costs automatically.
Asset Finance Calculator
Periodic Payment
£956.12
per month · APR 10.00%
Asset & Deposit
Term & Rate
Fees & Commission
Type & VAT
Payment (monthly)
£956.12
× 60 in arrears
Total repayable
£57,667
over 60 payments
Broker commission of £750.00 (flat fee) is payable by the lender to the introducer and is included in the amount financed.
Cost composition
This calculator provides an estimate for illustration only. Actual repayments, APR, and fees will depend on the lender, the asset type, your business circumstances, and facility terms. Always check the full cost of borrowing before proceeding.
Equipment Finance FAQs
Common questions about equipment financing, interest rates, and loan terms.
Trusted Lenders
We work with the UK's biggest funders to find you the best asset finance for your business.
Jamie Grimshaw
Commercial Finance Director
Commercial Finance Director since 2013
£250 million+ in funding secured
Accredited & recognised by
Important information
This guide is for general information only and does not constitute financial advice. It's a good idea to seek independent professional advice before entering into any finance agreement.
Compare Your Funding is a trading style of TGL Solutions Limited. TGL Solutions Limited is not authorised by the Financial Conduct Authority and can only complete non-regulated introductions. We may receive a commission when we introduce you to a funder - see our how we make money page.
More business resources
Explore our full resource hub for more calculators, downloadable forms, and links to Companies House, HMRC, and Gov.uk.
Related guides
What is asset finance?
Spread the cost of equipment, vehicles, and machinery over time.
Read guideWhat are business loans?
Borrow a lump sum and repay it over a set period with interest.
Read guideSmall business loans
Compare loan options for UK small businesses, from £1,000 to £500,000.
Read guideStartup business loans
Funding options for new UK businesses, including government-backed Start Up Loans.
Read guideNot sure which funding is right for you?
Answer a few simple questions and Mark will personally review your situation and get back to you with impartial guidance.