Vehicle Loan Repayment Calculator
See your estimated monthly, fortnightly and weekly repayments in real time. Adjust the loan amount, term and rate, then speak to us for a personalised vehicle finance quote.
How Much Will Your Vehicle Loan Cost Each Month?
Whether you’re buying a new car, a used vehicle, a motorcycle or financing a commercial fleet, knowing your repayments before you commit is an important first step. Enter your loan details below to get an instant estimate.
This calculator is a guide only — your actual repayments will depend on the rate you’re offered, which varies based on your credit profile, the vehicle type, its age and the lender. Bang On Investments compares vehicle loan options from 25+ lenders to find the most competitive rate for your situation.
Once you’ve run the numbers, speak to us for a personalised quote. There’s no obligation and the comparison is completely free.
Vehicle Loan Repayment Calculator
Adjust any field to see your repayments update instantly.
Your loan details
$
$5,000
$150,000
% p.a.
3%
20%
$
Your estimated repayments
Estimated per month
$401
Based on 5 year term at 7.5% p.a.
Monthly
$401
Fortnightly
$185
Weekly
$92
Total interest
$4,046
Total amount payable
$24,046
This calculator provides indicative estimates only and does not constitute a loan offer, credit approval or financial advice. Repayments are calculated using the standard amortisation formula and assume a fixed interest rate for the full loan term. Actual repayments will vary depending on the lender, interest rate, fees, charges and your personal financial circumstances. For personalised advice, speak to a licensed finance broker. Bang On Investments Pty Ltd is a credit representative of a licensed Australian credit licensee.
“Bang made the whole vehicle finance process so easy. We got a better rate than our bank was offering and the car was in the driveway within the week.”
Chris W
What We Finance
We arrange competitive vehicle finance for personal and business purposes across a wide range of vehicle types.
- New cars & passenger vehicles
- Used & pre-owned vehicles
- Motorcycles & recreational vehicles
- Electric & hybrid vehicles
- Utes, vans & light commercial
- Trucks, prime movers & trailers
- Caravans & motorhomes
- Boats & watercraft
How Vehicle Finance Works with Bang On
From first enquiry to driving away — here’s what to expect.
1
Tell Us What You Need
Share the vehicle type, purchase price, your preferred deposit and term. We’ll ask a few quick questions about your situation.
2
We Compare Your Options
We search 25+ lenders — banks, non-bank and specialist vehicle finance providers — to find the most competitive rate for your profile.
3
Fast Approval
We submit your application and manage the process end to end. Many vehicle loans are approved within 24–48 hours.
4
Drive Away
Finance is settled directly with the dealer or private seller. You get the keys — we handle the paperwork.
“Sorted our car loan in a couple of days. Bang On shopped around and got us a rate we couldn’t have found on our own — and with none of the usual back and forth.”
Xanthe L
Frequently Asked Questions
How is my vehicle loan repayment calculated?
Your repayment is calculated using the standard amortisation formula, based on your loan amount (minus any balloon payment), the interest rate and the loan term. The figure shown is an estimate — your actual repayment may differ slightly depending on how your lender calculates interest (daily or monthly) and any applicable fees.
What is a balloon payment or residual?
A balloon payment (also called a residual) is a lump sum due at the end of your loan term. Including one lowers your regular repayments but means a larger amount is owed at maturity — paid in cash, by refinancing or from the proceeds of selling the vehicle. Balloon payments are common in business vehicle finance structures such as chattel mortgage.
What interest rate should I enter?
Use an indicative rate as a starting point. Personal vehicle loan rates typically range from around 6% to 15%+ depending on your credit profile, the vehicle’s age and the lender. Business vehicle finance (chattel mortgage, novated lease) may attract different rates. Contact us for a personalised rate estimate before committing.
Can I get pre-approved before I choose a vehicle?
Yes. We can arrange a pre-approval so you know your borrowing capacity before you start shopping. This puts you in a stronger negotiating position with dealers and private sellers — and speeds up the settlement process once you’ve found the right vehicle.
How do I get the best vehicle loan rate?
Rates are generally lowest for newer vehicles, borrowers with strong credit profiles and shorter loan terms. We compare options across 25+ lenders to find the most competitive rate available for your specific situation — often significantly better than going direct to a bank or accepting dealership finance.
Ready to Finance Your Next Vehicle?
Use this calculator as your starting point, then speak to our team for a personalised rate and the most competitive vehicle finance package available from 25+ lenders.