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Car Loan Calculator - Calculate Your Car Loan Repayments

Calculate potential car loan repayments on new or used cars from various providers, and find out how your credit score could affect your car loan rate.

How does this work?

  1. Enter the amount you want to borrow.
  2. Select the loan term from the slider.
  3. Add the interest rate for your loan. We have added the default interest rate, which is today’s average car loan rate.
  4. The results are calculated automatically. Select if you’d like to see estimated weekly, fortnightly or monthly values.

  • What you can also do:

    1. Email the results to yourself for future reference.
    2. Check over the repayments graph to see what the total repayment values are over the period.
    3. Go through the full repayment schedule. You can download the file easily on your device.
    4. Click or tap ‘Reset’ to start over.
    5. Browse available loan options right below the calculator.
    6. To see more loan options, click or tap on the Compare car loans button
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Your estimated repayments

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Total repayments

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  1. This is an estimate of how much you would pay (weekly/fortnightly/monthly) based on your borrowing amount, interest rate and loan term.
  2. Calculations assume that details entered into calculator, including interest rates, do not change for the lifetime of the loan.
  3. Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.
  4. Months are assumed to be of equal length. However, given that some months are longer than others, interest charged by vary depending upon the month.
  5. The calculation rounds of the car loan repayment to the closest dollar value without decimals.
  • All calculations are estimates only; there are no guarantees, pre-qualifications or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
  • Your final mortgage repayments or borrowing amount will depend on your lender’s eligibility criteria among other factors.
  • Calculator does not include the cost of fees or other extra charges.
  • Calculator does not account for changes to interest rates over time.
  • This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstances. Read our full disclaimer.

Based on your details, you can compare the following car loans

Providers we compare

Alex Ritchie
Alex Ritchie

Personal Finance Editor

Content updated

Product data updated