Car Loan Calculator Australia 2026 — Free Repayment Calculator
✓ Updated April 2026
✓ 8 lenders compared
✓ Rates from 5.99% p.a.
✓ 100% free
LIVE RATES
⭐ FinSight Picks
Our top-rated loans for April 2026
🏆 LOWEST RATE
Autopay
New Car Loan
★★★★★
5.0 / 5.0
5.99%
p.a. fixed
Comp: 6.52%
✓ 60 min settlement✓ 7 days a week✓ EV discount✓ No early exit
“Autopay settles car finance within 60 minutes — genuinely the fastest in Australia. Great rates for strong-credit borrowers buying new or used. Best for buyers who need quick settlement.”
✓ Fixed certainty✓ No ongoing fees✓ Fast online✓ Transparent pricing
“Plenti is one of the most compared car loans on FinSight for good reason. Clean fixed rate, no ongoing fees, fast application. Excellent all-round value.”
Updated April 2026 · Rates are indicative only, subject to lender approval and credit assessment.
Disclaimer: Rates shown are indicative advertised rates and may not reflect the rate offered to you. Your actual rate depends on credit history, income, and lender assessment. *Comparison rate calculated on a $30,000 secured car loan over 5 years and includes fees and charges. This is general information only — not financial advice.
Car loan rates start from around 5.99% p.a. for secured new car loans. Used car loans and unsecured loans carry higher rates. The rate you’re offered depends on the vehicle age, loan amount, your credit score, and whether the loan is secured against the vehicle.
New vs Used Car Loan Rates
Loan Type
Typical Rate
Notes
New Car (secured)
5.99% – 8%
Lowest rates available
Used Car (secured)
7% – 12%
Rate varies by vehicle age
Unsecured Car Loan
9% – 18%+
No vehicle security required
Balloon Payment — What Is It?
A balloon payment is a lump sum due at the end of a car loan. It reduces monthly repayments during the loan term but means a large final payment. Example: a $40,000 car loan with a 30% balloon means monthly repayments on $28,000, then a $12,000 payment at the end. Good for business vehicles, riskier for personal use unless you plan to refinance or sell.
Rates shown are indicative. Always compare the comparison rate and total loan cost. Not financial advice.