Finance & debt
Car Loan Calculator
Calculate your repayments and true cost of car finance. Compare loan terms, add a balloon payment, and see how much your interest really costs.
Your car loan
Repayment frequency
Rate guide
New car (typical)
~6.5% p.a.
Used car (typical)
~8.5% p.a.
Your current rate
7.5%
Rates vary by lender, credit score, and vehicle age. New cars typically attract lower rates than used vehicles.
Monthly repayment
$614
on a $30,000 loan over 5 years
Loan amount
$30,000
Total interest paid
$0
Total repayments
$0
True cost of car
$0
Principal vs Interest split
Compare loan terms
| Term | Monthly payment | Total interest | Total repaid |
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Your interest in perspective
Disclaimer: This calculator is for illustrative purposes only and assumes a fixed interest rate and standard P&I repayments. Actual repayments may differ based on your lender's fees, rate changes, and loan conditions. Consult a financial adviser or broker for personalised advice.