Car Loan Balloon Payment Calculator
Compare monthly repayments with and without a balloon residual. See the balloon amount, monthly saving and total cost difference. Free.
The purchase price of the car before deposit.
Cash deposit or trade-in value.
Comparison rate may be higher — check with lender.
Typically 1–7 years for car loans.
Residual value due at the end of the term.
A balloon payment is a residual value — a portion of the car loan that is deferred to the end of the term. This calculator shows your monthly repayment both ways: with the balloon (lower monthly payments) and without it (fully amortising). It also shows the total cost difference.
Balloon payments are common on car loans in Australia, particularly for new vehicles where the car retains significant value at the end of the term. If you are comparing new vs used, try our new vs used car loan calculator as well.