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Car loan repayment calculator
Buying your first car or upgrading your ride? Our easy-to-use calculator gives you an estimate of what your repayments might look like, so you can start planning with confidence.
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Car Loan – Three Year Term
Loan amount: $20,000
Interest rate: 9.95% p.a.
Establishment/IntroducerFees: $503
Estimated total cost: $23,796
Estimated weekly repayment: $153
Estimated monthly repayment: $661
Car Loan – Five Year Term
Loan amount: $8,000
Interest rate: 11.95% p.a.
Establishment/Introducer Fees: $503
Estimated total cost: $11,340
Estimated weekly repayment: $44
Estimated monthly repayment: $181
Car Loan – $100 per week repayment
Estimated loan amount: $12,692
Interest rate: 11.95% p.a.
Establishment/Introducer Fees: $503
Estimated total cost: $15,696
Run your own numbers
Whatever your plans, our calculator makes it easy to test different scenarios. Adjust the loan amount, term, and interest rate to see estimated repayments and total cost — so you can assess your plans and start budgeting with confidence.
Calculate and plan with confidence
See what could work for you
Real-time repayment estimates
Our calculator updates instantly as you adjust the loan amount, term, or interest rate, giving you a quick idea of what repayments could look like. These figures are a guide only, but they make it easy to see how small changes can impact your repayments and total estimates.
Explore borrowing scenarios
Test different loan amounts and terms to see how they could fit your budget — whether that’s a $20,000 car loan over three years or a set repayment figure each week. This helps you approach the application process knowing which options might work best for you.
Plan your budget with confidence
By showing the potential total cost — including estimated repayments and example fees — the calculator helps you prepare for the commitment ahead. You can factor these into your budget and avoid surprises once your application is assessed and approved.
Finance that fits you
Every driver’s needs are different. Whether you’re buying your first car, upgrading the family SUV, or getting something sportier, we’ll help you find a finance option that works for your budget.
FAQ
How does the car loan calculator work?
Just pop in a loan amount, term, and interest rate, and the calculator will show you estimated weekly, monthly, and total repayments. It’s a quick way to see how different scenarios could look. These figures are a guide only — your exact rate and repayments will be confirmed once we’ve reviewed your application.
How do I calculate my car loan repayments?
Repayments are worked out using your loan amount, the length of the loan (term), the interest rate, and any fees. The calculator runs the numbers for you, applying a standard repayment formula so you can get an idea of what you might pay over time.
What affects my repayment amount?
Several things can change your repayments: the loan amount, the interest rate, the term, and any fees. A longer term can make each payment smaller but increase the total cost, while a shorter term usually means higher payments but less interest overall.
Can I change the loan term to see different repayment amounts?
Absolutely. Adjusting the term in the calculator will instantly update your estimates. It’s an easy way to see how spreading the loan out over more time or paying it off faster could fit your budget.
Why do fees affect the total cost?
Most loans include an establishment fee and sometimes other charges. These get added to your loan balance, which means they’re included in the repayment calculation — and that’s why they impact the total you’ll repay over the term.
How accurate are the calculator results?
They’re designed to give you a close estimate based on the numbers you enter. The actual rate and repayments may be different once your application is processed and we’ve taken your full financial picture into account.
