Car finance calculator

Looking to figure out your monthly payments if you take out an HP agreement?

These calculations are based on representative APR rates. If you want an exact APR or repayment figure then you should apply for finance using the application form.

What is a Car Finance Calculator UK?

If you’ve not applied for vehicle finance before, you may not have come across a car finance calculator! These calculators will essentially let you know roughly how much you’d be spending overall on a vehicle loan, as well as give an estimate of your monthly repayments. 

As mentioned above, the figures you’re given won’t be a finance offer, but are simply a way of helping you work out how much you can afford to borrow with car finance. If you want a personalised quote, you’d need to make an application with us. 

Why Use a Car Finance Calculator?

If you’re exploring your choices when it comes to vehicle finance, using a UK car finance calculator allows you to make a more informed decision. Car finance calculators are designed to help you understand your options, as well as give you a rough guide as to how much your monthly instalments would be.

People with a low credit score may find a UK car finance calculator particularly useful. This is because if you have a bad credit history, this can affect the interest rate offered, which generally makes the monthly payments higher. By using a car finance calculator, you can work out how long you’d need to pay the loan back over in order to ensure the monthly instalments are affordable.

Overall, car finance calculators can be helpful for anyone looking to take out a vehicle loan! Use our calculator above to find out what sort of rates you’d be offered!