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Car loan repayment calculator

Use a car loan calculator to work out how much your loan repayments will cost you.

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1 - 17 of 107
Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
loans.com.au - New - Variable Rate Special
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.24%
to 7.74%
Comp. Rate (p.a.)
7.36%
to 8.85%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$630.83
Go to siteMore Info
OurMoneyMarket New Car Loan
Fixed1 - 7 Years $2,001 - $75,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
$250
min.
Monthly Fee
$0
Monthly Repayment
$622.82
Go to siteMore Info
Stratton Finance New Car Loan
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$625.27
Go to siteMore Info
You'll receive a fixed rate from 6.52% p.a. depending on the lender you are approved with.
Apply for up to $300,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
CarMoney New Car Loan
Fixed18 Months - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.89%
to 15.09%
Comp. Rate (p.a.)
8%
to 16.16%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$636.87
Go to siteMore Info
NRMA New Car Loan
Fixed1 - 7 Years $5,000 - $130,000
Interest Rate (p.a.)
7.29%
to 16.99%
Comp. Rate (p.a.)
8%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
$635.67
Go to siteMore Info
Note: Take out a loan for an eligible electric vehicle and receive a 1.5% discount on your personalised interest rate (interest rates start from 5.79% p.a. and comparison rates from 6.49% p.a.)
Verified Lending Used Car Loan
Fixed1 - 7 Years $10,000 - $200,000
Interest Rate (p.a.)
7.1%
to 18.99%
Comp. Rate (p.a.)
8.06%
to 22.99%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$630.67
Go to siteMore Info
loans.com.au - New - Fixed Rate Special
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.09%
to 8.29%
Comp. Rate (p.a.)
8.21%
to 9.1%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$638.73
Go to siteMore Info
You'll receive a fixed rate of 7.09% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment.

OurMoneyMarket Used Car Loan - No Vehicle Age Limit
Fixed1 - 7 Years $2,001 - $75,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
$250
min.
Monthly Fee
$0
Monthly Repayment
$622.82
Go to siteMore Info
NRMA Used Car Loan
Fixed1 - 7 Years $5,000 - $130,000
Interest Rate (p.a.)
8.49%
to 16.99%
Comp. Rate (p.a.)
9.21%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
$647.01
Go to siteMore Info
You'll receive a fixed rate from 8.49% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
loans.com.au - Variable Rate Used Car < 3 years
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.74%
to 7.74%
Comp. Rate (p.a.)
8.85%
to 8.99%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$644.82
Go to siteMore Info
Stratton Finance Used Car Loan
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$625.27
Go to siteMore Info
You'll receive a fixed rate loan from 6.52% p.a. with a comparison rate of 6.95% p.a.
A used car loan of up to $300,000 with quick approval times and balloon payment options.
loans.com.au - Variable Rate Used Car < 5 years
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.74%
to 7.74%
Comp. Rate (p.a.)
8.85%
to 8.99%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$644.82
Go to siteMore Info
loans.com.au - Fixed Rate Used Car < 3 years
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
8.09%
to 9.29%
Comp. Rate (p.a.)
9.2%
to 10.54%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$648.11
Go to siteMore Info
CarMoney Used Car Loan
Fixed18 Months - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.2%
to 15.75%
Comp. Rate (p.a.)
6.71%
to 16.18%
Application Fee
$399
Monthly Fee
$0
Monthly Repayment
$622.43
Go to siteMore Info
loans.com.au - Fixed Rate Used Car < 5 years
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
8.29%
to 9.49%
Comp. Rate (p.a.)
9.4%
to 10.74%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$649.99
Go to siteMore Info
loans.com.au - Fixed Rate Used Car Loan (6 to 7 years)
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
9.09%
to 10.29%
Comp. Rate (p.a.)
10.2%
to 11.54%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$657.57
Go to siteMore Info
loans.com.au - Fixed Rate Used Car Loan (8+ years)
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
12.79%
to 13.99%
Comp. Rate (p.a.)
13.9%
to 15.24%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$693.3
Go to siteMore Info
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Showing 17 of 17 results

Why compare car loan repayments with Finder?

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It's 100% free

You won't be charged for clicking through to one of our car finance partners. We get paid out of their pocket – not yours.

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We're here to help

We've helped thousands of Australians find a car loan by keeping things simple and free of complicated jargon.

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It's quick and easy to use

Our side-by-side car loan comparison makes it easy to find a car loan that is a good fit.

5 tips to reduce your car loan repayments

  1. Find a car loan with a lower interest rate. The lower the interest rate, the less interest you pay.
  2. Watch out for fees. Some lenders charge a one-off application fee and a smaller monthly fee.
  3. Adjust your loan term to suit your needs. A shorter loan term means your monthly repayments are higher but you pay less interest overall. A longer loan term means smaller monthly repayments. But because you'll have the loan for a longer time you end up paying more interest.
  4. Make extra repayments. If a car loan lets you make extra repayments you can pay it off early and reduce your overall costs.
  5. Improve your credit score. You can get a lower interest rate if you have a better credit score.

How your credit score affects your car loan costs Picture not described

Lenders set their interest rates based partly on your credit score. Having an excellent credit score (800 or above) means you can get a lower rate on your car loan. A lower score can result in a higher interest rate.

You can check your credit score quicky for free before you look at car loans. If your score is on the lower side, there are steps you can take to improve your credit score.

Car loan repayments - example calculations

We've run some simple calculations based on example car loans. This illustrates how your loan amount, loan term and the interest rate affect your loan repayments.

How the interest rate affects your car loan repayments

These 3 loans are identical except for the interest rate.

DetailsLoan 1Loan 2Loan 3
Loan amount$30,000$30,000$30,000
Interest rate7%9%12%
Loan term5 years5 years5 years
Monthly repayments$595$623$668
Total cost$35,643$37,366$40,041

How the loan term affects your car loan repayments

These 3 loans are identical except for the loan term.

DetailsLoan 1Loan 2Loan 3
Loan amount$30,000$30,000$30,000
Interest rate9%9%9%
Loan term3 years5 years7 years
Monthly repayments$954$623$483
Total cost$34,344$37,366$40,545

Hidden costs that can make your car loan more expensive

Speed

Early exit fees

Some lenders let you make extra repayments. But some actually charge you a fee for paying off the loan early. This is more common on fixed rate car loans.

You can check a loan's exit or early repayment fees before you apply.

Balloon

Balloon payments

Some lenders offer car loans with a balloon payment structure. This just means that your monthly repayments throughout the loan will be lower. But at the end of the loan term you'll have to pay off a large lump sum to fully pay off the loan.

This can be a nasty surprise if you don't understand how the balloon payment works.

Frequently asked questions

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