Australian Car Loan Repayment Calculator
Calculate your monthly car loan repayments, total interest, and view your amortization schedule based on Australian loan terms.
This calculator is tailored for Australian car loans. Enter your loan details to estimate repayments with typical Australian interest rates and terms.
Australian Car Loan Options
Secured Car Loans
Uses your vehicle as security, offering lower interest rates from 4.99% p.a.
Most common option for new and near-new vehicles in Australia
Unsecured Car Loans
No security required, but higher interest rates starting from 8.99% p.a.
Suitable for older vehicles or when more flexibility is needed
Balloon Payment Options
Reduce monthly repayments by deferring a portion of the loan to the end of the term.
Popular with Australian business buyers for tax benefits
Novated Leases
Salary packaging arrangement with potential tax benefits for Australian employees.
Employer makes repayments from your pre-tax salary
Note: This calculator provides estimates based on the information you provide. Actual loan terms may vary based on lender policies, credit score, and vehicle details. We recommend comparing offers from multiple Australian lenders.
Common car loan repayment examples
Indicative principal-and-interest repayments at example rates over a 5-year (60-month) term. These are illustrative only — enter your own figures above for an exact estimate.
| Loan amount | 5% p.a. | 7% p.a. | 9% p.a. |
|---|---|---|---|
| $30,000 over 5 years | ~$566/mo | ~$594/mo | ~$623/mo |
| $50,000 over 5 years | ~$944/mo | ~$990/mo | ~$1,038/mo |
What are the repayments on a $30,000 car loan?
A $30,000 car loan at an example rate of 7% p.a. over 5 years is about $594 per month (roughly $5,642 in total interest). Over 7 years it drops to about $453 per month, but you pay more interest overall.
What are the repayments on a $50,000 car loan?
A $50,000 car loan at an example rate of 7% p.a. over 5 years is about $990 per month. Over 7 years it's about $755 per month. Adjust the amount, rate and term above for your exact repayment.