Car Loan Calculator
Calculates car loan repayments, with or without a balloon payment.
Your result
Estimate only. Results update as you type.
How this calculator works
Repayment uses the standard loan formula with the balloon as a lump sum at the end.
Worth knowing
Compare comparison rates, not headline rates. The comparison rate includes most fees.
Guides for this calculator
- How the Car Loan Calculator Works (With a Worked Example)
- Getting the Most From a Car Loan Calculator: Tips and Common Errors
Questions
- What is a comparison rate?
- It combines the interest rate and most fees into one annual rate, usually based on a $30,000 loan over five years, to make loans easier to compare.
- Do the results include fees?
- Only where a fee input is shown. Add any known fees for a more realistic total.
- Where can I get help with debt?
- The National Debt Helpline (1800 007 007) offers free, confidential financial counselling.
This calculator gives general estimates using published Australian rates and formulas. It doesn’t consider your personal circumstances. Check current figures with the ATO, your state government or a qualified professional before making decisions. See our disclaimer.