Work out your car loan repayments
Use our car loan calculator to estimate what your monthly repayments could be.
Car Loan Calculator
Minimum value allowed is $5,000
$136.80
per week
Get a quote in minutes from our extensive lender network and view estimated rates and repayments online. This won’t impact your credit score.
This calculation is a guide only and based on the limited information provided, excluding any fees or charges. It does not constitute formal loan approval. Actual rates, fees and repayments depend on your circumstances. Request a call back or get a quote to discuss your options.
“If you don’t have a vehicle in mind yet, talk to us about your borrowing capacity first.”
Check my borrowing capacityHow our car loan calculator can assist you
Our car loan calculator helps you estimate your monthly, fortnightly, or weekly repayments based on the amount borrowed, interest rates, and loan duration. You can adjust your car loan calculation by modifying the loan term (from 1 to 7 years), interest rate, balloon payment, and loan amount.
This tool lets you explore different financing options and see how changes in loan terms impact your repayment amount — helping you make informed decisions about your car finance.
To get a range of rates and repayments from our panel of 40+ lenders, use our online enquiry form to calculate your car finance options with Monique.
Why Choose Efficient For Car Finance?
Real Reviews, Real Results
Five-star Trustpilot reviews from Aussies who’ve financed cars, vans, utes and more through Monique — praised for fast turnarounds and genuinely personal service.
Decades of Experience
With over 20 years in the motor industry and 10 years in asset finance, Monique knows vehicles, lenders and loan structures inside out — and puts that knowledge to work for you.
Real People, Exceptional Service
A direct line to your broker, 20-minute enquiry response times and approvals as quick as 24 hours. You’re kept informed at every step — less fuss, no hassle.
Our Process: Simple and Transparent Car Finance
From start to finish, we’re with you every step of the way — helping you get the keys in your hands!
How it all works
Understanding Your Needs
We don’t treat you like just another number. Monique takes the time to understand your needs to find the best car finance options from 40+ lenders.
Apply for the Right Deal
Once you’re happy with an option that fits, your broker takes you through the application. Approvals can occur within 24 to 48 hours.
Get the Keys or Funds
If approved, we guide you through settlement to finalise paperwork and payment — then you’re ready to pick up your new car with confidence.
Ongoing Support
Efficient Finance supports you throughout the life of your loan, ensuring you always have the assistance you need.
Let Our Expert Brokers Do the Hard Work for You
As a real person helping clients Australia-wide, Monique works for you — not the lenders. Her goal is to find the best rates and repayment options tailored to your unique situation from a trusted panel of 40+ lenders.
- Transparent communication and quotes that include all fees
- Get an estimate on rates and repayments with no obligation
- No impact on your credit score
Questions? Book a call!
Choose a time convenient to you and we’ll call you! Just fill in your details below and we’ll do the rest!
*We endeavour to call you back within the hour during business hours, otherwise after hours or weekends will be next business day.
With over 20 years in the motor industry and a decade in finance lending, you’ll always receive friendly, clear support — with access to 40+ trusted lenders and approvals as quick as 24 hours..
Don’t take our word for it!
Frequently Asked Questions About Car Finance
Using our online enquiry form, you can receive a variety of rates and repayment options based on the information you provide — with insights from 40+ lenders, tailored to your needs. If you want to proceed, you can continue online or speak directly with Monique. Either way, we’ll help you get the keys in your hands!
Through our panel of lenders, we can provide a variety of car loans including:
- New Car Loans
- Used Car Loans
- Unsecured Car Loans
- Business Car Loans
- Electric Vehicle (EV) Loans
- Refinancing of existing car loans
The amount you can borrow depends on your income, credit history, existing debts, and the vehicle’s value. Lenders assess your repayment ability and set limits based on a percentage of the car’s value. Send an enquiry or request a call back and Monique will walk you through your borrowing capacity.
Yes, absolutely — refinancing lets you switch to a new loan that may offer better terms, such as a lower interest rate or longer repayment period. We’ll always check it works in your favour first, for example by lowering your repayments. Contact us to discuss your situation.
Residual values and balloon payments are lump sums payable at the end of a car finance term. While often used interchangeably, they slightly differ — residual value is based on the car’s estimated market value at the end of the agreement (common with leases), while a balloon payment is an agreed amount paid out at the end (typical in car loans). Both reduce your regular payments, with a larger final amount you can pay out, refinance, or cover by selling or trading your asset.
Secured car finance is a loan where the car serves as collateral, giving the lender security if payments aren’t made. Because the lender’s risk is reduced, secured loans often offer advantages over unsecured or personal loans — including lower interest rates, higher borrowing limits, and longer repayment terms.
Unsecured car finance, commonly a personal loan, lets you borrow funds to purchase a car without holding security over the loan. These typically offer flexible terms from 1 to 7 years — an excellent option if the vehicle or your circumstances don’t qualify for a secured car loan.