Car loan calculator
Estimate weekly, fortnightly or monthly car finance repayments.
This calculator is a guide only and is based on the information entered. It does not constitute loan approval, a credit quote, financial advice or a recommendation. Actual rates, fees, repayments and approval outcomes depend on lender assessment, your personal circumstances, loan structure and supporting documents.
How the calculator works
Loan amount
The amount of finance required after any deposit. A larger loan amount typically results in larger repayments and more total interest paid.
Interest rate vs comparison rate
The interest rate is the base rate used to calculate repayments. A comparison rate includes most fees and is intended to help compare loans across lenders. Actual rates quoted by a lender will reflect your profile, asset and loan structure.
Loan term
The number of years over which the loan is repaid. Longer terms typically reduce regular repayments but increase total interest paid over the life of the loan.
Balloon payments
A balloon (or residual) is a lump-sum amount payable at the end of the loan term. It reduces regular repayments but increases what you owe at the end of the loan.
Repayment frequency
You can estimate weekly, fortnightly or monthly repayments. More frequent repayments may reduce total interest paid over the life of the loan.
Calculator questions
No. The calculator is a guide only based on the values you enter. Actual rates, fees, repayments and approval outcomes depend on lender assessment, your personal circumstances and the asset.