Car loan repayment
calculator

A car loan repayment calculator estimates what your regular car loan repayments could be based on the amount borrowed, deposit or trade-in, loan term and interest rate you enter. It is a guide only and does not represent a loan offer or approval.

Enter the vehicle or loan amount, any deposit or trade-in, your preferred loan term and an estimated interest rate. The car finance calculator then shows indicative weekly, fortnightly and monthly repayments, total interest and total amount repayable.

The calculator is designed to give a useful estimate based on the inputs you choose. Actual repayments can differ because your final interest rate, lender fees, loan structure, vehicle and personal circumstances are confirmed during a formal finance assessment.

Yes. Use the borrowing power tab to enter your income, regular living expenses and existing loan repayments. It provides an indicative borrowing capacity based on the calculator assumptions, but a lender must assess your full circumstances before confirming how much you can borrow.

Your borrowing power can be affected by income, living expenses, existing debts, credit history, loan term, interest rate, deposit, vehicle details and each lender’s affordability criteria.

If you do not yet have a personalised rate, try a few different rates to understand a range of possible repayments. Your actual rate depends on your credit profile, income, expenses, vehicle, loan amount, term and lender.

No. Using the repayment or borrowing power calculators on this page does not require a credit check and does not affect your credit score. A credit check may occur later if you choose to make a formal finance application.

Use the repayment frequency that best matches how you budget and get paid. The calculator displays weekly, fortnightly and monthly estimates so you can compare them easily.

Usually yes. A longer term generally reduces each regular repayment, but it can increase the total interest paid over the life of the loan. Compare several terms before deciding what fits your budget.

A larger deposit or trade-in reduces the amount you need to borrow. That can lower your repayments and usually reduces the total interest you pay, assuming the other loan settings stay the same.

The calculator focuses on principal and interest estimates and may not include lender, brokerage, establishment, PPSR, administration or other fees. Any applicable fees should be disclosed before you accept a loan.

Yes. The repayment calculator can be used for both new and used vehicles. Enter the amount you expect to finance and adjust the deposit, term and rate to test different scenarios.

Yes. Set the deposit or trade-in amount to zero to estimate repayments on the full loan amount. Whether no-deposit finance is available depends on lender criteria and your circumstances.

Recalculate whenever the vehicle price, deposit, interest rate, loan term or budget changes. Testing a few scenarios before applying can help you understand what repayment level feels manageable.

No. Borrowing power is an indicative estimate only. Approval requires a lender to assess your application, including income, expenses, debts, credit profile, identification and often the vehicle being financed.