Please note our personalised pricing means your personal loan interest rate may vary from the interest rate represented on this page. Interest Rate: The interest rates represented on this page are standard interest rates and exclude any package or promotional discounts and are subject to change. This calculator shows you how much you can borrow based on your desired monthly payment. This assumption allows for a smooth graph and equal repayment amounts. Car Loan Calculator Pages within Calculators Know exactly how your loan will impact your finances Before you say yes to a new vehicle, take a closer look at the car loan. Rounding of amount of each repayment: This calculator does not round the repayment amount to the nearest cent, as it would for an approved personal loan. A Car Loan EMI Calculator is a straightforward and hassle-free online tool to assist you to ascertain the final principal and interest amount of your Car Loan. This assumes that a year has 364 days rather than the actual 365 or 366. Updated 6 March 2023 Our Calculator Makes The Numbers Clear If you want car finance or a car loan, our easy to use repayment calculator will help you work out you will pay weekly, fortnightly or monthly. Number of weeks & fortnights in a year: One year is assumed to contain exactly 52 weeks or 26 fortnights. When you are approved for a personal loan, interest will be charged on the number of days in each month. How much would my car loan repayments be Use this car loan repayment calculator to see if you can afford to buy that car. CAR LOAN CALCULATOR Buying a car Calculate how much you can borrow and compare financing options. Your actual rates and repayments might differ, and will be based on your personal circumstances, the loan amount and term. The loan calculator results are based on the representative APR for the amount you enter. Length of month: All months are assumed to be of equal length. Enter the amount you’d like to borrow and our car loan calculator will do the rest. The calculations should not be relied on for the purpose of making a decision whether to apply for a Secured Personal Loan. The amount you can borrow may vary once you complete a loan application and all the details relevant to our lending criteria are captured and verified. The calculation is not an offer of credit. The calculator does not take stamp duty or other government charges into account. It is for illustrative purposes only and is based on the accuracy of the information provided and subject to the assumptions below. Car Loan Calculator & Assumptions: Any calculation made by you using this calculator is intended as a guide only.
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