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Car finance calculator.

Adjust the price, deposit, term and APR to see your estimated monthly payment. Figures are illustrative — your actual offer will depend on the lender's assessment.

Monthly payment
£0
Total repayable
£0
Total interest
£0

This calculator is for illustrative purposes only. Figures are based on a Hire Purchase agreement and do not include any fees. Your actual rate and payments will depend on your individual circumstances and the lender's offer. Representative APR 19.9% (variable).

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Common questions

Understanding car finance costs.

What is APR?
APR (Annual Percentage Rate) is the total cost of credit expressed as a yearly rate, including interest and any mandatory fees. A higher APR means you pay more overall. The representative APR shown on finance offers is available to at least 51% of successful applicants.
Does a bigger deposit reduce monthly payments?
Yes. A larger deposit reduces the amount you borrow, which lowers both your monthly payment and the total interest you pay over the term. It can also improve your chances of approval.
Is a longer term always better?
A longer term lowers your monthly payment but increases the total interest you pay. A shorter term means higher monthly payments but less interest overall. Choose the term that suits your monthly budget without overstretching.
What is Hire Purchase (HP)?
Hire Purchase is the most straightforward type of car finance. You pay a fixed monthly payment over an agreed term and own the vehicle outright at the end. There is no large final balloon payment like with PCP.