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Car loan repayment calculator
See what your next car could cost each week, fortnight or month. No personal details, no credit check, just a quick estimate to help you plan.
Estimates only, based on the details you enter. This isn't a quote, a loan offer or an approval, and it doesn't include fees and charges. Your actual rate and repayments will depend on your circumstances and lender criteria. Credit is subject to lender approval.
How to use this calculator
Loan amount
Use the price of the car, minus any deposit or trade in. Don't forget on road costs.
Interest rate
Try a few rates. Your real rate depends on your credit history, income, the car's age and loan term.
Balloon Repayments
A balloon lowers your regular repayments, but you'll owe that lumps sum at the end of the loan.
What affects your rate
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Your credit history: A clean file can open up sharper rates
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Income and employment: How steady it is and how you're paid
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The car: It's age, type and value
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Loan term: Longer term lowers repayments but can increase interest rate
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Deposit or balloon: Either can bring your repayments down.
Other calculators
See what a personal loan could cost for a reno, a wedding, travel or life's suprises.
Compare what you pay now with one simpler loan, including the total cost over time.
Car Loan calculator common questions
Straight answers. Can't see yours? Give us a call.
How accurate is the car loan calculator?
It gives you a good estimate based on the loan amount, rate, term and balloon you enter. It doesn’t include fees and charges, and your actual rate depends on your circumstances and the lender. For real numbers, book a free call and we’ll find your options
What is a balloon payment?
A balloon is a lump sum you pay at the end of the loan. It lowers your regular repayments, but you’ll need to pay, refinance or sell the car to cover it when the loan ends.
Should I choose weekly, fortnightly or monthly repayments?
Many people match repayments to their pay cycle, which can make budgeting easier. Paying more often can also reduce the interest you pay over the loan, depending on the lender.
Will using the calculator affect my credit score?
No. The calculator doesn’t ask for personal details or run a credit check, so you can try as many scenarios as you like.