Aircraft Loan Repayments Calculator

Crunching the numbers to work out how much your aircraft loan will cost you is important before you apply. Use Savvy's aircraft loan repayment calculator here.

No obligation. It won't affect your credit score.
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, updated on August 28th, 2023       

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Purchasing or leasing an aircraft is no small undertaking. If your business is considering venturing into aviation as an extension of operations or convenient transport, our aircraft finance calculator is a quick and simple way to find how much you could spend – and save – on an aviation loan.

All you need do is input your desired parameters – interest rate, loan term, repayment schedule and amount intended – and let our calculator do the rest.

The features of financing your aircraft with Savvy

Multiple finance options to choose from

You can purchase your next aircraft through a chattel mortgage or opt for a finance lease, operating lease or hire purchase to keep it as an off-books asset.

Myriad tax benefits

Depending on the type of finance you choose, you can claim up to 100% of your payments or a combination of GST, payment interest and depreciation.

Competitive rates

With affordable deals available through our vast panel of lenders, and with interest remaining fixed across your loan term, you can minimise the cost of your loan overall.

Diverse range of aircrafts available

Whether you’re after a single or twin-engine plane, very light jet or even a helicopter, you can be approved for financing when you apply through Savvy.

Purchased a used aircraft

You’ll have the choice between buying a brand-new craft or used model, either from a dealer or private seller, when it comes to financing your aircraft.

Pay on your terms

You can choose the length of your financing deal, with terms available up to five (leases and hire purchases) to seven years (chattel mortgages) to shape your payments.

Why pilots trust Savvy to help them finance their aircraft

Frequently asked aircraft loan questions

Can I buy my aircraft from a private seller or auction?

Yes – whether your aircraft is bought from a dealer, private seller or purchased at an auction, we can help you get approved for your loan. We're partnered with flexible lenders who are able to tick off on any of the above, provided they meet their requirements to serve as loan security.

How much am I able to borrow for my aircraft loan?

What you’re approved for will ultimately depend on your personal situation (credit score, employment and income), but there’s no upper limit to what lenders will approve. If you can afford your repayments, you can be approved for just about any aircraft on the market.

Are deposits mandatory on aircraft loans?

No – you can access 100% financing for your aviation loan and not worry about paying any lump sums up front. This is particularly useful for businesses or borrowers who don’t have the means to make a meaningful deposit but still need to purchase their aircraft. However, if you can make a deposit, you can save yourself thousands of dollars in interest overall.

Can I purchase an aircraft for private use with finance?

Yes – we have specialised lenders who can approve your aviation loan for personal use, as well as commercial.

Will I need to insure my aircraft under finance?

Yes – the main aircraft insurance policies you’re likely to need are Aircraft Hull and Liability insurance, which covers damage to your craft as well as third party, property and passenger damage and injury claims, and Hangar Keeper’s Liability insurance, which covers you for damage or injury caused while at or near airports.

I need to fix or upgrade my aircraft. Do you finance aviation equipment?

Yes – you can take out a loan to cover the purchase of a wide range of equipment and parts relating to your aircraft. This can be anything from avionics and engine maintenance to just about anything else. You can get a quote today to get the wheels in motion on your equipment loan.

Your commercial finance options

Helpful guides on commercial loans

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