Motorcycle Finance Calculator

Our easy to use Motorcycle Finance Calculator helps you estimate your loan repayments.  There are three inputs. Firstly your loan amount, second your interest rate and finally loan term in years. Our motorbike finance calculator can calculate either a fortnightly and monthly loan repayment.

Loan amount. Up to and over 100% of the motorbike purchase price can be financed. The finance amount can include both motorbike insurance and any accessories that you may need to hit the road.

Interest rate. The motorcycle finance rate you will be offered depends on a number of factors. These include your credit file, residential status, employment, overall financial situation as well as the year, make and model of the bike your are purchasing. New motorbikes often qualify for lower interest rates compared to used bikes due to their higher value and mint condition.

Loan term. Loan terms range from 1 to 7 years. The shorter the term the larger the repayment. And conversely the longer the term the lower the repayment. Most motorbike loan options allow you to make extra repayments, which reduce both the life of the loan and the interest charged.

Pre-approved Motorbike Loans

Having pre-approved motorbike finance has its advantages. Firstly you will know the amount of your repayments allowing you to determine the budget for your new bike. Secondly it gives you more negotiating power when purchasing your new motorbike. A pre-approval allows you to locate the perfect bike that will be within your budget. Apply for pre-approved motorbike finance today.

Motorcycle Finance Calculator with Balloon Payment

Our motorbike finance calculator has a balloon payment option. You make a balloon payment, a lump sum, at the end of the loan term. During the loan, you don’t pay off the full principal, leaving a remaining balance as the balloon payment. You can either pay this amount in full at the end of the loan or refinance it. A balloon payment reduces the bike loan repayments throughout the term of the loan. Use our Motorbike Finance Calculator to determine how a balloon payment will affect your motorbike repayments.