Try our easy Car Loan Calculator. Our Car Loan Calculator will give you an idea of how much your car loan repayments will be, given your estimates of the loan amount, annual interest rate and term of loan in years. Our car loan calculator will calculate both a monthly and fortnightly repayment amount. Knowing your repayments allows you to budget for your new car purchase.
Apply for a Pre-approved car loan now. Having a pre-approved car loan gives you more negotiating power when shopping for a new car. It also allows you to focus on finding the perfect car within your budget.
A balloon payment is a lump sum payment that is paid at the end of the loan term. A balloon payment reduces the car loan repayments throughout the term of the loan. Not all of the principle of the loan is paid off during the loan resulting in a balloon payment a the end of the loan term. The balloon amount can either be paid off in full at the end of the loan or refinanced. Using our car loan calculator you can determine how a balloon payment will affect your repayments.
*The Comparison Rate is calculated on a Secured Loan of $30,000 fixed for a term of 5 years, effective 12/06/2015 and subject to change. WARNING: The Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate.