Auto Loan Calculator

Last updated: April 2026

Vehicle price

GBP

Down payment

GBP

Trade-in value

GBP

Amount owed on trade-in

GBP

Sales tax rate

Fees

GBP

Loan term

months

Interest rate

APR

Monthly payment

£521.99

Loan amount

£27,000.00

Total interest

£4,319.40

Total paid

£31,319.40

Sales tax

£0.00

Loan breakdown

Taxable amount£30,000.00

Total loan payments£31,319.40

Total cost including down payment£34,319.40

Related calculators:

Cash Back or Low Interest Calculator
Auto Lease Calculator

How does an auto loan calculator work?

An auto loan calculator estimates the financed amount from the car price, down payment, trade-in, taxes, and fees, then calculates a monthly payment from the APR and loan term.

How car loan interest is calculated

Most car loans use amortised monthly payments. Each payment covers interest on the remaining balance plus part of the loan principal.

How down payment and trade-in affect payments

A larger down payment or positive trade-in value reduces the amount financed, which usually lowers the monthly payment and interest cost.

What does this mean?

This calculator is designed to help you understand the likely number before you make a decision or start an application.

Your result should be checked against official UK guidance, especially if your circumstances include dependants, exemptions, prior leave, or a complex immigration history.

Treat the figure as a planning tool rather than legal advice. Where the answer affects an application deadline or major payment, speak to an authorised adviser.