Calculators & Tools

Car Loan Calculator

What does this Car Loan Calculator do?

Use our Car Loan Calculator to calculate monthly, fortnightly or weekly Car Loan repayments for a car or motor vehicle in Australia.

You can structure your car loan calculation based on an interest rate, loan term (length) in weeks, months or years, amount borrowed (financed) and residual value (balloon value).

Let us help you with your car loan search

We’ve been helping Australians for over 20 years find the right car loan for their next purchase. Whether it’s explaining your various loan options, calculating loan solutions or organising a mechanical inspection to give you peace of mind; over 70,000 customers have let us help them get into their new car quicker with a car loan sourced via our national Stratton Finance team and wide range of lending partners.

Related useful information

Learn more about our various car loan solutions and compare our loans against the Big 4
Get a quote estimate for your next car loan
Learn about why getting pre-approval for a loan gives you more buying power
Learn about what is a residual or balloon and how you can apply it to your car loan
Let our new car experts at Carconnect help you save on your next vehicle purchase

Any calculation made using this repayments calculator is intended for illustrative purposes only. The calculator does not take establishment fees, stamp duty, or other government charges into account. Any calculations made should not be relied upon for the purposes of deciding whether to apply for a loan.

Some of the benefits of car finance via Oxcel Finance

Anytime, Anywhere, Anyhow

Our team is serving no matter where you are in Australia, we are 100% online & paperless.

Financial Flexibility

Our lenders have a wide range of options that give you flexibility including early termination fees, variable loan terms and the ability to add a residual.

Lifetime Support

Don’t get left alone to figure out how much you owe, changing your details, or assessing your changeover options; we’re here for you over the life of your loan.

Common questions about our car loan calculator

What is a car loan and how does it work?

A car loan (also referred to as a secured car loan) involves a finance company lending you the money to purchase a vehicle for personal use. The loan is secured against the vehicle and, when the final repayment has been made, you will own the vehicle outright.

What is a comparison rate and why calculate it?

A comparison rate is an interest rate that lenders are required by law to display next to any advertised interest rate. A comparison rate calculates the loan interest rate and fees you may have to pay, including application fees and ongoing loan fees. This allows you to find out the true cost of the loan. We have a comparison rate calculator you can use to help you compare apples with apples.

What are the benefits of a car loan?

Benefits and product features of a car loan include flexible loan repayment periods, the ability to set a balloon or residual payment which will reduce your monthly repayments and lower interest rates versus a personal loan thanks to it being secured against the vehicle itself. As a business, a car loan may help you improve cash flow to your business as well as the potential to claim tax deductions if the car is being used for business purposes (check with your accountant for eligibility).