Van Finance Calculator UK
Get an indicative monthly payment for your next commercial vehicle. Works for both new and used vans, for limited companies and sole traders.
Get an indicative monthly payment
Use the calculator below to get a rough idea of monthly payments based on your credit profile. All figures are illustrative only and do not represent a quote or offer of finance.
This calculator provides illustrative figures only. Actual rates depend on lender assessment, business profile, and asset type. Figures shown are not a quote or offer of finance. Business Van Finance arranges credit, it does not lend money.
How to use this calculator
Working out your monthly van finance budget doesn't have to be complicated. Our calculator provides a strong indicative figure based on the current UK commercial lending market. Here is how the different variables affect your final rate:
Credit Profile
Lenders price risk. A clean credit profile with a strong trading history will always attract the most competitive rates. If your business is newly incorporated or has adverse credit history, specialist lenders will still consider your application, but the rates will reflect the higher risk.
Learn more about your options for bad credit van finance or new business van finance.
Term Length
Stretching your finance over 60 months will give you the lowest monthly payment, which is great for cash flow. However, you will pay more interest overall. A shorter term (like 36 months) increases the monthly cost but reduces the total amount payable.
Understanding Deposit and VAT
One of the most common points of confusion for businesses looking at van finance is how VAT is handled. You cannot finance the VAT on a commercial vehicle.
The deposit you put down is always calculated as a percentage of the pre-VAT price of the van. The VAT itself must be paid upfront. However, if you are a VAT-registered business using a hire purchase agreement, we can often arrange a VAT deferral. This allows you to defer the upfront VAT payment until the end of your current VAT quarter, protecting your cash flow while you wait to reclaim it from HMRC. For a more detailed breakdown, read our guide on VAT and Van Finance.
Used Van Finance vs New Van Finance
This calculator works perfectly whether you are looking at a brand-new Ford Transit or a four-year-old used Mercedes Sprinter. However, it is worth noting that lenders look at the asset differently. New vans have predictable residual values and manufacturer warranties, making them lower risk. Used vans, particularly those over five years old or with very high mileage, carry more risk for the lender, which can sometimes result in slightly different pricing or deposit requirements. Check out our dedicated pages for new van finance and used van finance for more details.
The power of pre-approval
Don't wait until you're sitting at a dealership to sort your finance. Getting pre-approved gives you a firm budget, puts you in a much stronger negotiating position, and prevents dealers from running multiple hard credit searches on your file.
Popular van makes we finance
We arrange finance for all major van makes and models. Don't see yours? Call us on 01730 777 736.
Apply for business van finance
Complete the form below and a specialist will be in touch, usually within one business day.
If you'd prefer to call: 01730 777 736