Why do rates differ by term?
Lenders price each term against their own funding costs and the way establishment costs are recovered, so the tiers move independently. The table above shows the current rate for each term with the date it was verified.
Current rates
Asset finance rates, dated and unmarked
Current rates
As at 19 October 2026, indicative lender base rates for in-policy low-doc asset finance are 9.95% p.a. over 12 months, 7.98% p.a. over 24 months, 7.98% p.a. over 36 months, 7.98% p.a. over 48 months, 8.06% p.a. over 60 months. AssetMX shows the lender rate unchanged and charges a separate flat $800 fee.
Last reviewed 19 October 2026 by AssetMX.
Lender base rate by term
| Term | Lender base rate (p.a.) | Maximum balloon | AssetMX fee |
|---|---|---|---|
| 1 year (12 mo) | 9.95% | 65% | $800 flat |
| 2 years (24 mo) | 7.98% | 60% | $800 flat |
| 3 years (36 mo) | 7.98% | 50% | $800 flat |
| 4 years (48 mo) | 7.98% | 40% | $800 flat |
| 5 years (60 mo) | 8.06% | 30% | $800 flat |
Indicative rates for in-policy low-doc applicants, verified 19 October 2026 against AssetMX lender panel rate sheets. Your rate is set by the lender. AssetMX adds no margin to it.
Electric and plug-in hybrid vehicles: 1% p.a. off these rates for applications until 31 December 2026.
What the rate means in dollars
Five-year term, no balloon, $800 fee financed, repayments monthly in arrears. Calculated by the same engine as the quote tool.
| Amount | Lender rate | Monthly | Total interest | Total cost of credit | Broker at +2% |
|---|---|---|---|---|---|
| $50,000 | 8.06% | $1,041.65 | $11,199 | $62,499 | $64,468 (+$1,969) |
| $100,000 | 8.06% | $2,056.91 | $22,115 | $123,415 | $128,298 (+$4,883) |
| $250,000 | 8.06% | $5,102.68 | $54,861 | $306,161 | $319,787 (+$13,626) |
Questions people ask
Is this a comparison rate?
No. These are lender base rates before the lender establishment fee and the AssetMX fee. The quote tool shows the total cost of credit, which is the number to compare between providers.
Will my rate be exactly this?
The lender sets your rate on formal application, based on the business, the directors and the asset. In-policy low-doc applicants typically receive the listed tier. Rates are indicative and change with lender funding costs.
How often are rates updated here?
Whenever our lender panel changes its rate sheets. The verification date on this page changes with them. If the date is old, treat the rates as stale and get a live quote.
Run your own numbers
Any amount from $5,000 to $500,000, any term from 12 to 84 months, balloon up to the lender cap.
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