How It Works
Our free, no-obligation calculator helps you plan your car purchase with confidence. Here is how to get an accurate estimate in seconds.
Enter Loan Details
Fill in the vehicle's cash price, your deposit amount, and the current interest rate.
Review Results
Get an instant breakdown of your costs. We separate the monthly repayment from the total interest so you know exactly what you're paying.
- Monthly Repayment
- Total Interest
- Total Loan Cost
Adjust & Compare
Play with the numbers! Increase your deposit or shorten the loan term to see how it saves you money on interest.
💡 Pro Tip: Knowledge is Power
Use this calculator before you visit a dealership. Knowing your estimated monthly repayment helps you negotiate better and avoid being oversold on a car you can't afford.
What is a Balloon Payment?
You will see an option for a "Residual / Balloon Payment" in our calculator. This is a large lump sum that you agree to pay at the end of your loan term.
The Benefit
It significantly lowers your monthly repayment, making expensive cars more affordable month-to-month.
The Risk
You still owe this large amount at the end. Plus, you pay interest on this amount for the entire duration of the loan.