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.
What is a business van finance calculator?
A business van finance calculator estimates the monthly payment and total amount payable on a commercial vehicle agreement before you apply. Business van finance is quoted as an annual flat rate rather than an APR, so a consumer car finance calculator will give you a figure that does not match what a commercial lender will actually offer.
How to use this calculator
The calculator asks for three things.
Finance amount
The amount you need to borrow, not the price of the van. If you are putting a deposit down, subtract it first and enter what is left. For a VAT-registered business buying a van with VAT on it, enter the price excluding VAT, because the VAT is normally settled separately and reclaimed from HMRC rather than being included in the agreement.
Finance term
How long you want to spread the cost over, in months. Business agreements typically run from 24 to 60 months. A longer term brings the monthly payment down and increases the total amount payable, because you are paying interest for longer.
Credit position
An honest assessment of your business and director credit profile. It changes the figure considerably, which is why the calculator asks. For what rates actually look like by business profile, see our van finance rates page.
You will not find a deposit box, because the finance amount already accounts for it, and you will not find a vehicle price box, because the price of the van and the amount you borrow are rarely the same number once a deposit or the VAT is taken into account.
The figures here are indicative. Our van finance rates page publishes the flat rate ranges we are currently seeing by business profile, and the only way to know your actual rate is to apply.
Understanding Deposit and VAT
For a VAT-registered business, the VAT is not normally included in the finance agreement, because you reclaim it from HMRC. Where a deposit is required, it is calculated on the price excluding VAT. If your business is not VAT registered the position can differ, so tell us when you enquire and we will structure it correctly.
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