Free NZ Calculator

Equipment finance calculator for NZ business.

Estimate repayments on machinery, construction, hospitality, medical, gym or warehouse equipment. Change the price, term and balloon to see the effect.

By Nick Sevta, fundr Limited (FSP1007390). Updated 12 October 2026.

Equipment Finance Calculator

Optional — reduces the amount you finance
Reduces repayments — balloon amount due at end of term
Est. Monthly Payment
$1,764
Equipment Cost
$85,000
Amount Financed
$85,000
Total Interest
$20,843
Total Repaid
$105,843

Figures are estimates only and not an offer of credit. Actual interest rates, fees and repayments vary based on your credit profile, lender approval and loan structure. The rate shown is illustrative. No credit check is performed when using this calculator.

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A worked example

Worked example: financing $85,000 of equipment over 5 years at an illustrative 8.99% a year, the repayment is about $1,764 a month. Total repaid is about $105,843, of which $20,843 is interest. Equipment term is usually matched to the useful life of the asset. Shorter terms mean higher repayments but less total interest.

Illustrative monthly repayments on $85,000
Term7.99%8.99%10.99%
3 years$2,663$2,703$2,782
4 years$2,075$2,115$2,196
5 years$1,723$1,764$1,848

Illustrative figures only, calculated monthly in arrears with no fees. Not an offer of credit.

How equipment finance repayments are calculated

The calculation uses the amount financed, the rate, the term and any balloon. The same asset can be priced differently depending on its type, age and whether it is new or used.

Matching the term to the asset

Lenders usually keep the term within the useful life of the equipment. Specialist or fast-depreciating gear may attract a shorter term or a higher rate than something with a strong resale market.

Tax treatment

Business equipment may be depreciated, and eligible new equipment may also qualify for Investment Boost, an extra 20% deduction on assets first available for use on or after 22 May 2025 (normal depreciation then applies to the remaining 80%; second-hand assets sourced within New Zealand are excluded). GST and tax treatment depend on how the finance is structured, so check with your accountant. See our guide on finance lease vs term loan.

Want a real number? Nick Sevta compares 15+ NZ lenders to structure the repayment that fits your cashflow. 15+ years in commercial finance.

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Frequently asked questions

How much are repayments on $85,000 of equipment?

On an illustrative 8.99% over 5 years with no deposit or balloon, $85,000 of equipment is about $1,764 a month. Your actual figure depends on the asset, your profile and the lender.

What equipment can be financed?

Most business equipment: construction and earthmoving, kitchen and hospitality, medical, gym, warehouse and more. New and used are both possible.

Can I include installation or freight?

Often yes, where it is part of the supplier invoice. Confirm with Nick before you order.

Do I need a deposit?

Not always. Some approvals fund the full cost; a deposit or balloon can reduce your repayment.

Chattel mortgage, hire purchase or finance lease?

These are different structures with different ownership and tax treatment. The right one depends on your business, so it is worth discussing with your accountant and with Nick.

Is this calculator a quote?

No. It is indicative only and is not an offer of credit. Use the quote link for a real figure.

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Prefer to talk? Call Nick: 021 102 3416

fundr Limited, FSP1007390. Calculators are indicative only and are not an offer of credit or financial advice. GST and tax treatment depend on your circumstances; speak to your accountant.