Aircraft Loan Calculator
Dreaming of owning a Cessna or upgrading to a turbine? An aircraft loan calculator is your first step to turning that vision into reality, helping you crunch numbers on monthly payments, total costs, and affordability. In 2025, with interest rates stabilizing around 6-9% amid economic adjustments, financing a small plane or jet has never been more accessible—thanks to competitive terms up to 20 years and down payments as low as 15%. Whether you’re a first-time buyer or comparing options with the best aircraft loan calculator, these tools factor in rates, amortization, and even regional variations like aircraft loan calculator Canada or UK. This guide explores the aircraft loan payment calculator, amortization, rates, and specialized versions for small aircraft or purchases, empowering pilots to fly smarter with data-driven decisions on Gcalculate.com.
How Does an Aircraft Loan Calculator Work?
An aircraft finance loan calculator estimates repayments by inputting the purchase price, down payment, interest rate, and loan term. It uses the standard amortization formula to break down principal vs. interest, showing how early payments chip away at the balance while later ones build equity.
Basic steps:
- Enter aircraft price (e.g., $200,000 for a used Cessna 172).
- Add down payment (15-20% typical).
- Select rate (6.25-8.99% average) and term (10-20 years).
- Output: Monthly EMI, total interest, and payoff timeline.
For precision, tools like the aircraft purchase loan calculator incorporate aviation-specific factors, such as aircraft age (shorter terms for older models) and usage (personal vs. commercial). Pro tip: Always verify with lenders—rates depend on credit (700+ score ideal), LTV (up to 85%), and aircraft condition.
Average Aircraft Loan Rates in 2025
Aircraft financing rates have eased slightly from 2024 peaks but remain above pre-pandemic lows. Expect 6-9% for most general aviation loans, influenced by economic policy and aviation demand. Piston singles get the best deals; turbines or older planes push toward 9.99%.
| Loan Type |
Average Rate (p.a.) |
Term Range |
Notes |
| Piston Single |
6.25-7.5% |
15-20 years |
Newer models qualify for lower rates |
| Small Turbine |
7-8.5% |
10-15 years |
Higher for commercial use |
| Used/Experimental |
8-9.99% |
5-12 years |
Age caps terms; 20%+ down common |
Use an aircraft loan rates calculator to simulate—e.g., $150,000 loan at 7% over 15 years: ~$1,350/month, $93,000 total interest.
Aircraft Loan Payment Calculator: Real-World Examples
A small aircraft loan calculator shines for entry-level planes ($50,000-$300,000). Assuming 15% down, 7% rate, and 15-year term:
| Aircraft Price |
Loan Amount |
Monthly Payment |
Total Interest |
| $100,000 (Used Piper) |
$85,000 |
$761 |
$32,000 |
| $250,000 (New Cessna) |
$212,500 |
$1,902 |
$130,000 |
| $500,000 (Turboprop) |
$425,000 |
$3,805 |
$260,000 |
For aircraft purchase loan calculator, factor closing costs (1-2% of price) and reserves (12-18 months payments in liquidity).
Aircraft Loan Amortization Calculator: Track Your Payoff
An aircraft loan amortization calculator visualizes how payments split—front-loaded with interest, shifting to principal over time. For a $200,000 loan at 7.5% over 20 years: Year 1 interest ~$15,000; by year 10, ~$8,000. Tools generate schedules, helping spot refinance windows (e.g., after 5 years when rates drop).
FAQs
What Is the Average Aircraft Loan Rate?
In 2025, average aircraft loan rates range from 6.25% to 8.99% for general aviation, with piston singles at the lower end (6-7%) and turbines up to 9.99%—depending on credit, LTV, and aircraft age.
How Much Is a Down payment on an Aircraft Loan?
Expect 15-20% down for most loans, rising to 25-30% for older or experimental aircraft; exceptional credit might lower it to 10%, but no zero-down options exist.
How Much Does It Cost to Borrow a Plane?
Borrowing costs $500-$4,000/month depending on price ($100k-$500k loan at 7%, 15-20 years), plus 1-2% closing fees and ongoing insurance/maintenance—use a calculator for personalized totals.
How Long Are Aircraft Loans?
Aircraft loans typically run 10-20 years, with 15 years common for pistons and shorter (5-12 years) for older/high-risk models; up to 25 years possible with larger down payments.
Can I Finance an Experimental or Kit Aircraft?
Yes, but expect 20-25% down and rates 1-2% higher (7-9%); terms cap at 10-15 years—specialist lenders handle these best.
What Credit Score Do I Need for an Aircraft Loan?
Aim for 700+ for best rates (6-7%); 650-699 qualifies but with 8-9% rates and higher down (20%+); below 650? Focus on asset-based loans emphasizing aircraft value.
Do Aircraft Loans Include Refinancing Options?
Absolutely—refi saves 1-2% on rates, pulling cash out for upgrades; terms up to 20 years, with no penalties after 2 years on many plans.
How Does Aircraft Age Affect Loan Terms?
Newer planes (<10 years) get 15-20 year terms at 6-7%; 10-25 years old: 10-15 years at 7-8%; over 25: 5-10 years, 25%+ down due to depreciation risk.
Are There Tax Benefits for Aircraft Loans in 2025?
Yes—100% bonus depreciation, Section 179 up to $1.16M expensing, and deductible interest for business use; consult a CPA for aviation-specific breaks.
