Car Loan Calculator
Calculate monthly car loan repayments and total interest for your next Australian vehicle purchase using standard reducing-balance amortisation maths.
Loan amount$30,000.00
Monthly repayment$615.50
Total to repay$36,929.76
Total interest$6,929.76
How this calculator works
Calculate monthly car loan repayments and total interest using the standard amortisation formula. Adjust loan amount, rate and term to compare finance options.
Frequently asked questions
Should I include a balloon payment?
This calculator assumes no balloon. A balloon lowers repayments but leaves a large lump sum owing at the end.
Are fees included?
No. Establishment and monthly account fees are extra — the Personal Loan Calculator models them.
Is a dealer rate competitive?
Compare the comparison rate, not the headline rate, across dealers, banks and credit unions.
Results are estimates only and are not financial, tax, legal or credit advice.
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