Loan repayment calculator.
Plug in a loan amount, term and rate to see what your repayments could look like. The number you see is indicative — your real rate depends on your file, your asset and which of our 40+ lenders writes the deal.
See what your repayments could look like.
Plug in an amount, term and rate. The figures are indicative only — your real rate depends on your file. Get a real quote when you're ready.
Three numbers, all useful for sanity-checking a deal.
- Repayment amount
- What you'd pay each week, fortnight or month at the rate and term you've entered. Useful for budgeting before you go car shopping.
- Total cost over the term
- Repayment × number of repayments. Tells you the all-in cost of the loan, not just the headline rate.
- Total interest paid
- Total cost minus the loan amount. The number that actually moves when you change the rate or shorten the term.
The rate is indicative. Your real rate is set by five things.
The calculator runs an indicative rate — a typical figure for a typical customer at that loan amount and term. Your real rate depends on the asset (a 2-year-old Toyota writes differently to a 12-year-old caravan), your credit file, whether you're PAYG or ABN, your loan-to-value ratio, and which of our 40+ lenders writes the sharpest deal for your specific file.
It also doesn't include lender fees, broker establishment fees, or government charges. Those get added once we package the loan.
What actually moves your rate.
- 01
Asset age and type
Newer = sharper rate. Cars and utes write tighter than caravans, boats and equipment.
- 02
Credit file
Clean file with low utilisation gets prime rates. Defaults or recent applications push the rate up — but specialist lenders still write deals.
- 03
Loan term
Shorter term = slightly lower rate, much lower total interest. We'll show you the trade-off.
- 04
Deposit / trade-in
Lower LVR = sharper rate. Same loan, smaller exposure for the lender.
- 05
Income type
PAYG with payslips writes fastest. ABN holders may need bank statements (low-doc) or full financials.
Common questions about this tool.
Is the rate on this calculator the rate I'll get?
No — it's indicative only. Your actual rate depends on your file, your asset, and which lender writes the deal. Submit the form for a real broker quote, usually back the same day.
Why does my repayment go up when I shorten the term?
Shorter term means each repayment covers more principal, less spread. You pay more each month but far less in total interest over the life of the loan. The calculator shows both numbers so you can see the trade-off.
What's a comparison rate, and is this calculator showing me one?
A comparison rate combines the headline interest rate with most fees, expressed as a single annualised percentage — designed to make loans easier to compare. The calculator above is showing the headline rate only, not a comparison rate. We'll quote both on a real loan offer.
Does using this calculator affect my credit score?
No. The calculator runs in your browser. We don't pull a credit file unless you submit the contact form, and even then we use a soft credit check (no impact) for the initial assessment.
What's the typical rate range you broker?
Indicative range across our 40+ lender panel: from approximately 5.89% p.a. for prime files on newer cars, climbing for older cars, longer terms or non-prime credit. Your real rate is quoted after the panel run.
Once you know roughly what you can afford, the next step is a real rate from a real broker.
We run your file across 40+ lenders and come back with the sharpest one — usually the same day.