Car finance and loan calculator
This calculator is designed to help you decide how much you can afford to borrow to finance your next car. It is a guide only and you should visit your local motor dealership for finance information that reflects your personal circumstances.
Many motor finance products give you the option to put down a deposit at the start of the agreement or defer a lump-sum (also known as a balloon payment) until the end of the agreement. This calculator does not incorporate these features and you should speak to your local dealership to learn more about the products available.
The flat interest rate used in this calculator only reflects the cost of credit. It does not include other fees or charges (for example, administration fees) which may be included in the finance agreement. The total cost of credit, including all other charges, is known as the Annual Percentage Rate (APR).