Car Finance Calculator - Calculate Monthly Payments

Vehicle Price (€)

Please enter a valid vehicle price

Down Payment (€)

Down payment cannot exceed vehicle price

Trade-in Value (€)

Interest Rate (%)

Please enter a valid interest rate (0-20%)

Loan Term (Months)

Loan Amount: €12,000

Monthly Payment: €232.76

Total Interest Paid: €1,965.60

Total Cost: €13,965.60

Based on your inputs, you'll finance €12,000 over 60 months at 5.9% interest rate. Your monthly payment will be €232.76.

Down Payment: A larger down payment reduces your loan amount and monthly payments.
Loan Term: Shorter terms usually have lower interest rates but higher monthly payments.
Trade-in Value: Trading in your current vehicle can significantly reduce the amount you need to finance.
Interest Rate: Your credit score and market conditions affect your interest rate. Better credit scores typically qualify for lower rates.
Pre-approval: Getting pre-approved for a loan gives you more negotiating power when shopping for a car.

Remember, this calculator provides estimates. Actual terms may vary based on your credit history, lender requirements, and other factors.