farmcfo.com.au/tools/livestock-finance-cost · 0412 759 847What does livestock finance cost?
Enter the head bought, price per head, share financed, interest rate, days until sale, fees and expected weight gain. The calculator shows the interest and fees per head, the cost for the mob, and the finance cost per kilogram gained, to add to your cost of gain.
Your figures stay in this browser. Nothing is sent to Farm CFO or anyone else.
- Amount financed
- $120,000
- Interest per head
- $53.26
- Finance cost per head
- $58.26
- Per kg gained
- 48.6 c/kg
Fees add $5.00 a head.
$5,826 for the mob.
Add this to your cost of gain.
The example is an invented mob of 100 head bought at $1,200 each, fully financed at 9% for 180 days with $500 of fees, gaining 120 kg each. The rate and fees are examples only, not any provider's offer. Farm CFO doesn't offer livestock finance and refers people to providers that do, without any referral fee.
The working
- Interest per head = price x share financed x rate x days / 365.
- Fees per head = facility fees / head.
- Cost per kg gained = (interest + fees per head) / kg gained.
General information only. This calculator doesn't take account of your circumstances and isn't tax, credit or financial product advice. Check figures with your accountant before relying on them.
Want the numbers done for you?
Farm CFO builds the budget, the monthly cashflow and the tests your lender will run, at a fixed price.
Read next: Cattle trading margin calculator
Questions
Who offers livestock finance?
Some stock agents and lenders do. Compare written offers, including fees and security. Our livestock finance guide explains what to look for.
Should I count finance in the trading margin?
Yes. The cattle trading margin calculator charges interest on the cash in the cattle. If the stock are financed, use this cost instead.