Interactive calculator
Equipment finance calculator
Illustrate equal monthly repayments when an asset finance agreement has a residual amount.
Last reviewed 1 October 2026
Illustrative result
- Illustrative monthly repayment
- $2,029
- Final residual
- $0
- Total of repayments and residual
- $97,392
Compare the total paid and final residual, not just the monthly figure.
How to use this tool
Monthly repayment amortises the financed amount less the present value of the residual. The residual remains due at the end.
A simple example
Compare the monthly figure and final residual together; a lower monthly amount can leave a large final payment.
Assumptions and limits
This assumes a fixed nominal annual rate with monthly compounding. It excludes fees, tax treatment, insurance and lender-specific structures.
General information only. Check your own records and speak with a qualified professional where the decision depends on accounting, tax, legal or financial advice.