Using a Car Finance Calculator

At CarFinance.com.au we provide an easy to use Car Finance Calculator to help you work out what you can afford to borrow by helping you discover what your repayments would be. It provides a rough guide on your repayment amounts based on the loan amount, loan period and interest rate you put in.

Remember that the loan calculator is not a loan offer, nor an application. It’s just a way to help you work out what car loan you can afford.

How to use a Loan Calculator

If you’ve been shopping around for a car loan and you have some offers or advertised rates you can put these details in to the loan calculator to work out what your monthly repayments will be.

You can also work out what you would need to repay each month if you wanted to either shorten the loan, go with a different provider’s interest rate, or even change the amount you intend to borrow.

The most important part of using this calculator is to work out how much you can afford so you don’t find yourself struggling to meet the repayments each month. A low interest rate on a much larger loan amount may seem great, until you work out what you’re going to be having to pay every month.

What’s next?

Once you know what you can afford to repay, contact us at CarFinance.com.au to start the process, or simply apply online today. We’ll work to find the best car finance rate available for the car you want.