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Car Loan Calculator

Our car loan repayment calculator can help you estimate your repayments on a car loan. You can adjust the borrowed amount, repayment period and interest rate and we’ll calculate your total repayable amount as well your estimated repayments on a weekly, fortnightly and monthly basis.

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Car Loan Calculator

I’d like to borrow (maximum of $99,999)

Paid back over

24Months

With an interest rate of (maximum of 99%)

Calculate repayments
Calculator

Use the calculator to the left to calculate your car loan

Total Repayable

$2,701

Loan Amount: $2,400

Interest: $307

Estimated Repayments

Weekly

$17

Fortnightly

$34

Monthly

$75

*The repayments shown by our car loan repayment calculator is an estimate based on the information you provided. Actual repayment amounts may vary depending on your individual circumstances and your lender.

Based on a $2,000
Jacaranda car loan:

Excellent Credit

$62 monthly


Interest Rate

Interest Rate The exact rate will be determined by your personal application.

7.56%

up to 8.89%

Comparison Rate

Comparison Rate The exact rate will be determined by your personal application.

11.10%

up to 12.42%

Claim offer! 🚀
Good Credit

$64 monthly


Interest Rate

Interest Rate The exact rate will be determined by your personal application.

9.89%

up to 11.89%

Comparison Rate

Comparison Rate The exact rate will be determined by your personal application.

16.49%

up to 18.57%

Claim offer! 🚀

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How to use our car loan calculator

1. Enter the amount you’d like to borrow

In the I’d like to borrow box, let us know how much you’d like to borrow to purchase your car. You can play around with different amounts to see how your repayments might change.

2. Select your loan term

Choose your loan term using the slider under Paid back over. This is the amount of time that you’ll have to repay your car loan.

3. Choose your preferred interest rate

In the box under With an interest rate of, type in your interest rate. The car loan interest rate is a percentage of the amount borrowed that you will have to pay back on top of your loan. It is essentially a fee that you are charged for borrowing the money to purchase a car. The lower your interest rate is, the less you’ll pay overall in car loan repayments.

4. Get your estimated repayments

Once you’ve filled out all the required fields, click Calculate repayments. You'll be shown your total repayable amount as well as your estimated weekly, fortnightly and monthly repayments.

Factors to consider in your decision

There are a number of factors that you will have to consider in your calculations. All car loan calculator will ask you to input certain values. Yet, don’t stress! We will go through them step by step to guarantee the repayments will be correct and that you are getting the best possible outcome based on your financial situation. Here are a few tips to keep in mind:

Calculator

Why is Jacaranda’s car loan calculator useful?

Purchasing a car is a big decision and must be carefully thought out. Often people need to take out a car loan to help cover the costs of purchasing a new or used vehicle. By getting an idea of the overall cost of a car loan as well as the regular repayments, you’ll be well equipped to make an informed decision tailored to your financial situation.

By inputting different amounts and playing around with different interest rates, you’ll get a better understanding of how your repayments might differ in different situations. Remember, that the repayments shown by our car loan calculator are estimates based on the information you’ve provided.

Need a hand? 👋

Jacaranda is 100% online. So, we do not accept applications over-the-phone. However, our friendly team is more than happy to answer any questions you may have.

Reviews don’t lie 🌟

Last updated: 19/08/2020, 10:00am

Our low rates

Our low rates

💰 Personal Loans starting from 7.59% (12.24% p.a. Comparison Rate)

🚗 Car Loans starting from 5.29% (5.84% p.a. Comparison Rate).

We never charge early repayment or exit fees.

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