Car Finance Calculator
Estimate monthly repayments on a car loan.
Estimated monthly repayment
£405.03
- Total interest
- £3,441.60
- Total repaid
- £19,441.60
- Amount borrowed
- £16,000.00
v1.0 · Reviewed September 2026
How this is worked out
The amount borrowed is the price less the deposit, and the monthly repayment is the standard amortisation payment over the term at the APR entered.
Worked example
- Price £18,000
- Deposit £2,000
- APR 9.9%
- 48 months
£16,000 borrowed over 48 months
£405.03 a month, £3,441.60 of interest
Assumptions and limits
- A straightforward loan with no balloon payment. PCP deals work differently and are covered by the PCP calculator.
- Excludes arrangement fees, add-ons such as GAP insurance, and any interest charged before the first payment.