Car Loan Calculators

Car Loan Calculators

Free car loan calculators: monthly repayments, borrowing power, extra payments, balloon comparison, and new vs used cost analysis.

Common questions

What is a balloon payment?
A balloon is a lump sum residual due at the end of the loan term. It lowers your monthly repayments but increases total interest. The final payment can be refinanced or paid from the car's trade-in value.
What is a typical car loan rate in Australia?
New car secured loans currently range from 5.5% to 9.5% depending on lender, credit score, and whether the car is used as security. Used cars typically attract slightly higher rates (8%–12%).
Are these tools free?
Yes, all calculators are 100% free with no signup required.

Last updated 24 May 2026 Tax year 2025-26

Data sources: ATO (ato.gov.au), Services Australia

This tool is general information only, not financial advice.

Reviewed by AusTax Tools Editorial Desk

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