Assuming your credit profile is
|Car finance rate||XX% APR|
|Cost of credit||£ XXX|
|Total repayment||£ XX,XX.XX|
|48 monthly payments of||
£ 245 /mo
Representative example - Borrowing £5,500 over 4 years with a representative APR of 19.8%, and a deposit of £0, the amount payable would be £162 per month, with a total cost of credit of £2,282 and a total amount payable of £7,782.
Car finance calculator is an online tool that shows you to check what your monthly repayments are likely to be.
It gives you an indication of how much car finance would cost. Simply input the amount you’d like to borrow and the time period over which you’d like to repay the loan, then our online car loan calculator does the hard work for you.
Use the slider to amend the amount you’d like to borrow and receive updated repayment amounts in real-time. Here at Carplus, we’re dedicated to securing you the best deal possible for your vehicle purchase, regardless of your financial situation. This is why we created our car finance calculator.
The car loan calculator shows you what your monthly repayments will be based on your loan amount and finance term. Please select how much you wish to borrow and for how long you and the calculator will show your estimated month finance cost and repayments.
If you’d like to know more about the different types of car finance, you can find more information on our car finance page.
If you apply for car finance through Carplus, you’ll need: