Car Finance Loan Calculator
Easily Access Car Finance Loans Calculators to Compare Rates, Estimate Repayments, Plan Preferences. Calculate Car Loan Estimates Online Now!
This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Practical Car Finance Calculators – Estimate Private and Business Loans, All Vehicles
Our calculation device is versatile and practical as it can be used to obtain estimations of all types of motor vehicle credit by simply entering the appropriate interest rate. Private buyers can calculate estimates on Secured Car Loans or, if preferred, Unsecured Personal Loans. Business operators can estimate and structure financing with their choice of credit facility – Hire Purchase, Chattel Mortgage, Leasing or Rent-to-Own.
Interest rates vary with different finance products, with lenders, and with the credit profile and credentials of the applicant. For estimating purposes, enter our displayed rate for your choice of credit product to use as a guide, or contact us for your specific rate.
Comparing interest rates is a popular use of online calculation tools. But finding sufficient lender rates to make these comparisons can be time-consuming. Our specialist lending services provide buyers with the convenience of having one of our experts source them the most competitive rate to suit their requirements from our base of 80+ lenders. Our personal approach involves selecting the most suitable lender, which can be key to fast approval and being offered the most workable solution. For a quote to match your specific requirements, connect with us by uploading your details.
- Quickly Estimate Personal Secured Car Loans, Unsecured Personal Loans.
- Easily Compare and Estimate Lease, Chattel Mortgage, Rent-to-Own, Hire Purchase options.
- Immediate estimates with best vehicle financing rates.
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Intending to take on financing to buy a new car? Looking for the quickest, easiest way to work out which is the best deal? Our online vehicle financing calculation device provides buyers with an easily accessible way to compare, estimate and plan their motor vehicle finance.
This powerful tool is suitable for calculating repayment estimates for commercial and consumer credit, suitable for business and private vehicles. Empowering car buyers to compare interest rates, estimate their repayments and plan their preferred deposit, financing term and balloon, all within literally a few seconds.
It’s free to use and there is no obligation to use us to find you the best deal. But if you do, we are highly competitive with interest rates and can source you the best financing from 80+ lenders. Access our calculator now and start working up estimates for your vehicle purchase.
Car Finance and Loans Calculators with Online Convenience, Simple Operation, Multi-Functional
Buyers can quickly convert the price of a car to the cost of monthly repayment estimates. A figure which is usually far more important and relevant to buying decisions. The total loan amount entered can be the total cost of the car including dealer charges and accessories or be the price less any trade-in or downpayment. Leave the rate and terms the same and simply change the total to another vehicle’s price for another estimate. Use from your phone while at a vehicle dealership to make quick comparisons and decisions.
The loan term that delivers the most workable repayments can be quickly established. Set the loan amount and enter the interest rate applicable to your loan product. Now start with one term – say 5 years/60 months, and note the displayed repayment estimate. Now change that term to say 5 years or 7 years, and note the different repayments. Work through the combinations until you arrive at the term that delivers the repayment that is in your budget.
Our calculating device has been developed as an online tool with exceptionally easy operation but with powerful programming. Business operators can set their preferred finance structure by easily changing terms and balloons to achieve a repayment commitment that works with ROI and cash flow. The balloon is the lump sum payable after the last repayment. If opting for a balloon, don’t deduct the dollar figure from the total loan when entering values. Our device has the functionality to carry out that computation when delivering your monthly repayment estimate.
Decisions around how much deposit to pay can become clearer using our device. Simply change the total loan amount entered to allow for different down payments while leaving the term and interest rate the same, and see how the repayments change. Quick and easy operation to make a very important decision. Be mindful that lenders assess applications for borrowing limits and their decision may determine your approve loan total and deposit required.
Buyers can carry out a range of operations to achieve a number of objectives – compare, prepare and plan financing and decide which particular vehicle to purchase with finance. This device can be used for private and commercial vehicles of all makes and models. If calculating used vehicle estimates, be mindful that rates can be different for new and used vehicle loans.
Convert the Price of a Car to Monthly Loan Payment Estimates
Buyers can quickly convert the price of a car to the cost of monthly repayment estimates. A figure which is usually far more important and relevant to buying decisions. The total loan amount entered can be the total cost of the car including dealer charges and accessories or be the price less any trade-in or downpayment. Leave the rate and terms the same and simply change the total to another vehicle’s price for another estimate. Use from your phone while at a vehicle dealership to make quick comparisons and decisions.
Find the Loan Term to Deliver Repayments that Work with Budgets
The loan term that delivers the most workable repayments can be quickly established. Set the loan amount and enter the interest rate applicable to your loan product. Now start with one term – say 5 years/60 months, and note the displayed repayment estimate. Now change that term to say 5 years or 7 years, and note the different repayments. Work through the combinations until you arrive at the term that delivers the repayment that is in your budget.
Structure Financing for Business Vehicles – balloon options
Our calculating device has been developed as an online tool with exceptionally easy operation but with powerful programming. Business operators can set their preferred finance structure by easily changing terms and balloons to achieve a repayment commitment that works with ROI and cash flow. The balloon is the lump sum payable after the last repayment. If opting for a balloon, don’t deduct the dollar figure from the total loan when entering values. Our device has the functionality to carry out that computation when delivering your monthly repayment estimate.
Decide on Deposits with Different Loan Totals
Decisions around how much deposit to pay can become clearer using our device. Simply change the total loan amount entered to allow for different downpayments while leaving the term and interest rate the same, and see how the repayments change. Quick and easy operation to make a very important decision. Be mindful that lenders assess applications for borrowing limits and their decision may determine your approve loan total and deposit required.
Make Buying Decisions – Compare Estimates on Different Models
Buyers can carry out a range of operations to achieve a number of objectives – compare, prepare and plan financing and decide which particular vehicle to purchase with finance. This device can be used for private and commercial vehicles of all makes and models. If calculating used vehicle estimates, be mindful that rates can be different for new and used vehicle loans.
Get the Answers to Your Financing Questions Quickly and Easily!
- Powerful programming – multiple outcomes with simple operation.
- Convenient online accessibility – available 24/7.
- Suitable for all types of vehicles.
- Estimate personal car loans, business vehicle financing.
- No special skill is needed.
How do Vehicle Buyers Use Car Finance Loan Calculators? Very Easily!
Using car credit calculating devices is very easy. All you’ll need is the price of the vehicle or the amount you want for your credit and the interest rate for the loan product you want. To find the interest rate, use our latest rates for estimating and guidance purposes.
Enter the amount you want for your loan in the total field. If paying a deposit or trading in your current vehicle, ensure that is deducted from the vehicle pricing. Try to obtain a driveaway price for a more realistic estimate. Enter our interest rate or different rates from other lenders. This rate can be increased to include a contingency factor, if considered appropriate.
Terms on car loans range from 1 year to 7 years. Enter the number of years you consider will suit your ownership cycle. Businesses can enter their preferred balloon. Then click on CALCULATE and the estimated repayment is displayed. To get estimates on another vehicle simply change the total. To increase or decrease the repayment, change the term. To compare lender rates, simply enter another percentage. Carry out as many calculations as you want and request a quote for your specific rate and repayments.
- Simply enter values for your loan and car purchase.
- Use for as many vehicles and combinations as desired.
- Change any or all values to compare results.
Turn Repayment Estimates into Confirmed Quotes – Personal Service, Simple Process, Fast Approvals
Using our online calculating tool is a great way to start planning and to assist in making buying decisions. But when it’s time to act, you’ll need a confirmed offer – the best car finance deal at the best rates. We can assist with our personal service to source the best rates and most workable outcome from our vast lender base.
To apply for a car loan with Easy Car Finance, simply upload your information and details of the vehicle you’re buying and we’ll handle sourcing you a quote, processing your application and arranging fast approval and prompt settlement. Request a quote online or by phone.
The most frequently asked of the questions
What is the function of a car finance calculator?
The main purpose of an online car financing calculating device is to work out repayment estimates based on the figures entered by the user. Users can compare interest rates by seeing how the rate changes the repayments. Values of all fields can be changed to get estimates based on different combinations of loan total, terms and interest rate.
What is the rate of interest to use in an online calculating tool?
For the purpose of obtaining estimates, users can enter the rates displayed by the provider of the device for the selected credit facility.
Can I get estimates on loans for an electric vehicle with an online finance calculator?
Yes. Online calculating devices can be used for estimates on all types of vehicles including EVs.
What is the best loan term to use to get estimates?
Terms on vehicle financing vary from 1 to 7 years. Lenders may approve or not the applicant’s preference. When using an estimator, users can calculate repayments based on a number of different terms and not the one that best suits their requirements.
Do I subtract the balloon amount I want before putting in the finance total?
No. When opting for a balloon, leave the total entered intact. Do not subtract the balloon from the total. The device carries out the necessary computations to allow for the balloon when delivering the repayment estimate.
Is there any maximum vehicle pricing to use a finance calculating device?
Most devices will not have a maximum total loan amount. Approval of loan amounts is subject to lender approval.
Do online calculators work out repayments for used car loans?
Repayment estimates on used car loans can be calculated on an online device. As with new car estimates, calculator users should be mindful that interest rates, loan amounts, and terms are subject to individual lender offers and approvals.
Do I have to use the lender supplying the calculator for financing if I use their device?
Online lending tools are typically provided without obligation to proceed with requesting a quote or submitting an application to the lender providing the tool.
How can I lower the repayment estimate on the same car price as the total loan?
To get a lower repayment estimate with the same loan total, enter a longer loan term. A longer term will deliver a lower monthly repayment.
How many times can I use the same calculator?
There is no limit on the number of times that a person can use an online lending tool.