Car loan calculator
Estimate car finance repayments, including agreements with a final balloon payment.
These figures are estimates for learning purposes. They are not a quote or an offer from a lender.
How it works
The amount financed is the vehicle price minus your down payment. With a balloon payment, part of the loan is left unpaid until the end, which lowers the monthly instalment but means interest is charged on that amount for the whole term.
Assumptions
Fixed rate, monthly payments, no dealer fees, insurance or registration costs. Leases work differently from loans and are not modelled here.
Global Loan Advisor is an independent educational research platform. We do not lend money, broker loans, guarantee financial outcomes or provide personalized financial advice. Our content is intended for general educational purposes. Your figures stay in your browser and are not sent to us.