Chattel Mortgage Calculator

How our chattel mortgage calculator can help you

Our chattel mortgage calculator allows you to estimate your repayments on a monthly, fortnightly, or weekly basis based on the borrowed amount, interest rate, and loan term. You can tailor your calculations by modifying the loan duration (from 1 to 7 years), interest rate, balloon payment, and total loan amount. This tool helps you examine different financing options and understand how adjustments in loan terms affect your repayments, helping you make informed decisions regarding your financial requirements.

 

To get a range of rates and repayments from our panel of lenders, use  use our online quoting tool to calculate your car finance options.

Why Choose Stratton Finance?

Award-Winning Brokers

Best Car Loans by ProductReview 2021–2024 and Best Large-Size Brokerage by WeMoney 2023 & 2024!

We Have Unmatched Experience

With over 25 years of experience helping more than 150,000 people access $8 billion in finance, we have the knowledge you need.

Real People Delivering Exceptional Service

With a 4.8 out of 5 customer rating, we are focused on providing outstanding service to keep you informed at every step, ensuring the best outcome for you.

Our Process: Simple and Transparent Finance

From start to finish, we’re with you every step of the way, helping you get the keys, or funds,  in your hands!

How it all works

Understanding Your Needs

We don’t treat you like just another number. Our brokers take the time to understand your specific needs to find the best finance options from our panel of over 40 lenders.

Apply for the Right Deal

Once you are happy with an option that fits for you, your broker will take you through the application. Approvals can occur within 24 to 48 hours.

Get the Keys or Funds in Your Hands

If approved, we guide you through the settlement process to finalise the paperwork and payment. Once everything is settled, you’re ready to pick up your new vehicle or the funds you need to help you towards your new adventure.

Providing Ongoing Support

Stratton Finance supports you throughout the life of your loan, ensuring you always have the assistance you need.

Questions? Book a call!

Choose a time convenient to you and we’ll call you! Just fill in your details below and we’ll do the rest!

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Frequently Asked Questions About Chattel Mortgage

A Chattel Mortgage is a type of business loan specifically for purchasing assets like vehicles or equipment. In a Chattel Mortgage arrangement, the business takes ownership of the asset, while the lender retains a security over it until the loan is repaid.

 

This type of finance allows businesses to benefit from potential tax deductions and claim GST on the asset’s purchase if it’s mainly used for business purposes. Regular fixed repayments are made, and once complete, the asset is fully owned by the business.

Both businesses and individuals are eligible for a chattel mortgage as long as the car is used predominantly for business purposes.

 

A chattel mortgage is a good choice for those registered for GST on a cash accounting basis, as you should be able to claim the GST from the vehicle’s purchase price as an Input Tax Credit on your next Business Activity Statement.

With our online quote tool, you can receive a variety of rate and repayment estimates based on your information and specific assumptions. By analysing data from over 40 lenders, we provide tailored rates that fit your financial profile. If you find an option that meets your needs, you can proceed online or connect with one of our Australian finance brokers.

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