New and Used Car Finance
A chattel mortgage car loan is a secured, new or used car loan for businesses. With a Chattel Mortgage businesses can either finance 100% of the vehicle ( including GST), include an upfront deposit or trade-in, and use a balloon payment option to reduce monthly repayments. Chattel Mortgages are ideal for self-employed or small business owners, due to their flexibility and potential tax benefits.
Select the total amount you want to borrow and how many years you would like to pay the loan. Next, select the exact amount if you would like to contribute with a deposit for your loan. A deposit is not required but recommended.
Interest rate: We suggest selecting an interest rate higher than the minimum rate we offer. For example, at Ausloans, the car interest rates start at 4.69% p.a*. However, consider this is available for excellent credit profiles.
Balloon Payment: A balloon payment allows you to reduce your repayments during the chattel mortgage loan term by making a one-off lump sum payment at the end of your loan.
Disclaimer: Any calculation made using this calculator is intended as a guide only. It is for illustrative purposes only, and based on the information you provide. Quoted repayments do not include lender fees and charges.
We find you the best chattel mortgage rate for your credit profile
Our simple, paperless application makes it easy for you to apply online. It only takes a few minutes.
Don't wait days to get an answer. With Ausloans personalised customer service we can tell you if you qualify within minutes of accepting our call.
Your online application gets checked against 1,000+ lender policies before it's shared with a lender to protect your credit score
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Our team of more than 150 asset finance brokers work with you until your car loan is settled.