Not all equipment finance works the same way. Our chattel mortgage calculator compares the most common business equipment finance structures side by side, so you can see how repayments, ownership, and cash flow differ before you choose one.
Enter your equipment cost, deposit, interest rate, and term, and the calculator works out repayments across chattel mortgage, lease, and hire purchase side by side. Rather than assessing one structure in isolation, you can see directly how ownership timing and repayment amounts differ between options, all for the same piece of equipment, on the same numbers.
That makes it easier to spot which structure actually suits your cash flow, rather than guessing based on a single quote. Adjust any figure and the comparison updates instantly, so you can test a few scenarios before settling on the structure you want to pursue.
Questions business owners usually ask about equipment finance structures.
A finance structure where your business owns the equipment from the start, while the lender holds a mortgage over it as security until the loan is repaid.
With a chattel mortgage, your business owns the asset immediately. With a finance lease, the financier owns the asset and your business pays to use it over the term.
Under hire purchase, ownership transfers to your business only once all payments are made. Under a chattel mortgage, your business owns the asset from the outset.
It depends on your cash flow, how you want the asset to appear on your books, and how your accountant advises you to treat GST and tax deductions. There’s no single right answer for every business.
Often yes, particularly with chattel mortgage and hire purchase arrangements, though terms vary by lender. A balloon lowers your regular repayments but increases what’s owing at the end.
Yes, in different ways depending on the structure — this is worth discussing with your accountant, since it depends on your business’s GST registration and how the asset is used.
Yes, that’s exactly what this calculator is for. Enter the same equipment cost and term, and compare repayments across chattel mortgage, lease, and hire purchase side by side.
We compare chattel mortgage, lease, and hire purchase options across 52+ lenders, and can work alongside your accountant to help match the right structure to your business.
Not all equipment finance works the same way. Compare repayments across chattel mortgage, lease, and hire purchase with our free calculator.
Compare chattel mortgage, lease, and hire purchase side by side, then talk to a broker about what fits your business.
Credit Hub Australia
Join our dynamic team at Credit Hub Australia as a Finance/Mortgage Broker in our conveniently located Point Cook office, close to the freeway and train station, with free parking available.
In this role, you will be responsible for providing personalised mortgage solutions to our valued clients and also managing your colleagues by co-ordinating the allocation of files and general day to day running of the broker team. With a focus on delivering exceptional customer service, you will guide clients through the entire mortgage process, from initial application to final approval.
“Position is for Mortgage broker on commission/contract basis.”
Sales, cold calling, and networking come naturally to you. You thrive on engaging with prospective clients to understand their unique financial needs and goals.
You will act on leads and existing database as provided and generate sales and ongoing relations.
Actively participate in team meetings and contribute to the overall success of the business
You are an existing broker with proven experience in Mortgage Broking or lending abilities, or in a similar financial services role looking to take your career further with a successful Mortgage house.
In-depth knowledge of the Australian mortgage market, including products, policies, and regulatory requirements.
Excellent communication and interpersonal skills, with the ability to build lasting relationships and earn client trust.
A strong commitment to delivering outstanding customer service and consistently exceeding client expectations.
Self-motivated and capable of working independently, while also thriving in a collaborative team environment.
Relevant industry qualifications, such as a Certificate IV in Finance and Mortgage Broking.
Ability to manage multiple tasks, stay organized, and work reliably without supervision.
A results-driven mindset with a strong sales focus, coupled with exceptional work ethic, time management, and multitasking abilities.
At Credit Hub Australia, we are committed to providing our team with a supportive and rewarding work environment. Some of the key benefits of joining our team include:
Credit Hub Australia is a leading provider of mortgage and finance solutions, with a strong presence in the Point Cook in the Western Suburb of Melbourne and surrounding areas. Our mission is to empower our clients to achieve their financial goals by delivering personalised, expert advice and exceptional customer service. We are a dynamic and growing team, driven by a passion for helping our clients and making a positive impact on our local community. We are with Finsure as an agrregator Group.
If you’re ready to take the next step in your career as a Mortgage Broker, apply now to join our team at Credit Hub Australia.
