Car & Motor loan calculator

Buying a car is exciting stuff. Before you get too emotionally committed, it might be an idea to have a play with the fields below and work out what your weekly, fortnightly or monthly Car & Motor Loan repayments could be. You can enter different loan amounts, loan terms and interest rates to get a better picture of what you could afford to drive away in.

Feeling flush? Check out how much interest you could save if you could make extra repayments.

Note: Associated fees and charges aren’t included in the calculation below.

Calculators and tools

Personal loan repayments

Interested in what your repayments might be before you jump into applying? Use our personal loan calculator to find out.

Budget planner

Not sure how far the budget will stretch? Take a look at our budget planner. It’ll help work out how much you can afford to repay.

Car & Motor Loan repayments

Eager to test drive but need to know your limits? Use our Car & Motor Loan calculator to work out your approximate repayments before you choose your wheels.

How to apply

Latitude Financial representative

Phone

Call our team of Betterers Mon to Fri, 8am – 7pm (AEST).

Call 13 28 26 for personal loans > Call 13 10 24 for Car & Motor Loans here >

PicStarter

Take a pic of what you’re after and we’ll get your loan started via text.

Txt 0401 77 66 55
Important Information

For the 'Latitude Car & Motor Loan' interest rates range from 6.99% to 14.99% p.a. (comparison rate 8.10% to 16.06% p.a.).

* Comparison rates for all the above products are based on a loan of $30,000 over 5 years.
WARNING: The comparison rates are true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

EXAMPLE: A secured personal loan of $30,000 borrowed for 5 years with the minimum interest rate of 6.99% p.a. (8.10% p.a. comparison rate), would equate to a total amount payable of $36,584 (including a $295 establishment fee and $10 monthly loan servicing fees).

Calculator Assumptions:

For the purposes of the Car & Motor Loan Repayment Calculator, the car offered as security must not be more than 15 years old, and other vehicles offered as security must not be more than 7 years old at application. The repayment amount shown using this calculator is an estimate only. The results from this calculator should be used as an indication only, and they do not represent either a quote or pre-qualification or approval for a loan. This calculator should only be used as a guide to see how Car & Motor Loan repayments can vary when you change the loan amount, interest rate, and loan term.

Fees and charges are payable and the calculations do not take these into account.