Car loan repayment calculator
Find out how much your loan repayments could be with a Plenti secured car loan. Just so you know, this tool serves as a guide only, and does not provide a formal quotation or offer a credit. The interest rates and monthly repayment figures are indicative, depending on the chosen credit history. To get your personalised rate, complete a rate estimate.
It's crucial to recognise that the loan amount you're eligible to borrow, your personalised interest rate, and your repayment amount may differ upon completing a formal loan application. You can use our calculator as a tool to understand your financial commitment and let Plenti guide you towards a more tailored lending experience.
How can our car loan repayment calculator help you?
Not sure how much you can borrow for a car loan? Our car loan repayment calculator helps you understand your total estimated monthly repayment when you apply your requested loan amount, preferred loan terms, credit history, residential status, and details about your car and engine type.
Whatever kind of car you're looking for, we can help
New car loans - Get the keys to your dream car quickly, with funds in as little as 24 hours
Used car loans - Not in the market for a new car? Discover your options for a used car loan
EV car loans - Get rewarded for going green with our discounted rates for EVs
Looking for another type of calculator?
Calculate what your repayments could be with a Plenti personal loan.
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A car loan calculator helps you determine your estimated monthly repayments based on the loan amount you wish to borrow. The car loan calculator also takes into account whether the car you want to buy is new or used, or an electric vehicle. Your monthly repayment amount may also change based on your residential status.
Loan amount
Enter in the total amount you would like to borrow. You can borrow between $5,000 - $100,000 with a Plenti car loan.
Loan term
Choose the preferred length of your new loan. Choose between terms of 3-7 years.
Credit history
Select your credit history from the drop down menu
Car details
Select the age of the car you’re looking to purchase.
Engine types
Select whether the car you’re purchasing is a standard or hybrid, or an electric vehicle. Plenti offers a rate reduction of 0.5% p.a. for those financing new electric vehicles up to $90,000 through our collaboration with the Clean Energy Finance Corporation (CEFC).
Residential status
Select your current residential status from the drop down menu.
Get your rate estimate
Submit a rate estimate to receive your personalised interest rate.
A comparison rate is a tool to help you understand the true cost of a car loan. This rate allows you to better compare the price of different loan providers by factoring in some of the fees and charges that are included in their loan. Some loan providers have very high fees that cover the costs for establishing the loan.
Typically, the comparison rate on a car loan is calculated on a $30,000 loan amount over 60 months. This includes the interest rate and additional fees (including establishment fees, brokerage fees and monthly fees).
While the comparison rate covers many costs, some are not included:
- Government Stamp Duty and On-Road Costs
- Late Payment Fees
- Break Costs or Early Termination Fees
- Cost savings such as fee waivers or the availability of interest offset arrangements which can influence the cost of a loan
The amount you can borrow to buy your new car, known as the loan amount or principal, is the base sum on which interest and any applicable upfront fees are charged. In Australia, car loans typically range from $5,000 to $100,000, although some lenders may offer higher amounts. Your borrowing capacity is determined by considering a range of factors, which may include; your credit score, income, expenses and loan term.
