Vehicle Finance Calculators
These calculators are designed to help you calculate your monthly installment costs and the value of the vehicle you can afford. Many clients find using these vehicle finance calculators to help them budget and plan before applying for vehicle finance. Here’s a brief description of the Car Payment Calculator and Vehicle Affordability Calculator.
Car Payment Calculator:
Use our vehicle payment calculator to calculate the monthly installments you will need to make on your new car. Enter the following: 1) the cost of the new vehicle (including any extras & taxes), 2) the interest rate you qualify for and 3) the loan term (amount of months) that you wish to make payments over.
Using this information the calculator will calculate your monthly installments. Make sure you can afford these repayments to avoid defaulting on your repayments and running the risk of having the vehicle repossessed.
Use our vehicle affordability calculator to work out the maximum vehicle value you can afford. Before you waste time test driving vehicles you cannot afford, use our calculator to work out what you can afford. You need to know 1) how much you earn, 2) your total monthly expenses, 3) the interest rate you qualify for, 4) the size of the deposit (if any) that you can put down on your new car and 5) the loan term (amount of months) that you are willing to finance your vehicle for.
Using this information the calculator will calculate the maximum value of the vehicle you can afford. Look for a car for or below this amount before applying for finance.
Carfin PTY (LTD) is a member of the National Credit regulator (NCR) and Financial Services Board (FSB). We’re dedicated and passionate about providing the very best vehicle finance advise and services in line with the latest legal requirements.