Car Loan Calculator
Work out monthly car loan payments, total interest and repayment. Free.
Car loan calculator
Estimate your monthly car loan payment, total interest and total repayment. Enter the amount you want to borrow, the interest rate and the term. For illustration only; your lender will give exact figures.
Frequently Asked Questions
What is a car loan calculator?
A tool that estimates your monthly car loan payment, total interest and total repayment. Enter loan amount, interest rate and term. Useful for hire purchase or personal car finance.
How is car loan payment calculated?
Monthly payment is calculated using the standard loan formula: principal, annual interest rate and term in years. The calculator shows payment, total interest and total amount repayable.
Is the car loan calculator free?
Yes. Free to use. For illustration only; check with your lender for exact figures.
Does it include a balloon payment?
This version assumes full repayment over the term. For a final balloon payment, use our Car Loan Calculator with Balloon.
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Reference this calculator on your website or in your work using the citation below:
HTML Citation Code:
<p>Calculator: <a href="https://onlinecalculator.co.uk/finance/car-loan-calculator" target="_blank">Car Loan Calculator</a> - OnlineCalculator.co.uk</p>APA Style Citation:
OnlineCalculator.co.uk. (2025). Car Loan Calculator. Retrieved from https://onlinecalculator.co.uk/finance/car-loan-calculatorNote: This calculator is free to use and reference. No permission required for educational or commercial citation.