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🇦🇺 Australian Calculator

Car Loan Calculator

Calculate your Australian car loan repayments, total interest and compare loan options including balloon payments.

🚗 Your Car Loan Details
$
$
%
yrs
$
Monthly Repayment
$0
per month
Loan Amount
$0
Total Interest
$0
Total Cost
$0
Weekly Payment
$0
💰 Loan Breakdown
Car Price$0
Deposit / Trade-in$0
Amount Financed$0
Total Interest$0
Total Cost of Car$0
🚗 Car Buying Tips
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About This Car Loan Calculator

This car loan calculator estimates your monthly repayments and total interest on a car loan, based on the car price, deposit or trade-in, interest rate and term. It helps you see what a vehicle will really cost once finance is included.

This is general information only and not financial advice. Car loan rates vary with your credit profile and whether the car is new or used. Watch for fees and balloon payments, and compare the comparison rate.

Frequently Asked Questions

How is a car loan repayment calculated?+
From the amount financed (price minus deposit or trade-in), the interest rate and the term, using the standard amortisation formula.
What is a balloon payment?+
A balloon is a large lump sum due at the end of the loan. It lowers monthly repayments but means you still owe a big amount later.
Are rates higher for used cars?+
Often, yes. Lenders may charge higher rates on older or used vehicles than on new cars, and rates also depend on your credit history.

Related Tools

→ Car Running Cost→ Fuel Cost Calculator→ Loan Calculator

RELATED GUIDE

Car Loans Explained: What to Know Before You Borrow

A clear guide to car loans: how repayments are calculated, why loan term matters, the effect of depreciation, and the difference between secured and unsecured loans.

Read the full guide →