Car Finance Calculator
From 10.9% APR, representative 14.7% APR
From 10.9% APR, representative 14.7% APR
From 10.9% APR, representative 14.7% APR
Fast application, money in your account next working day
Fast application, money in your account next working day
Your car, your rules. It's yours from day one.
Your car, your rules. It's yours from day one.
Shop anywhere or choose a trusted dealer
Shop anywhere or choose a trusted dealer
Excellent rated,
dedicated UK team
Excellent rated,
dedicated UK team
Check your eligibility and get your quote in 2 minutes
Check your eligibility and get your quote in 2 minutes
Check your eligibility and get your quote in 2 minutes
Breeze through our simple form and get a personalised quote in 2 minutes.
“I was blown away by how lightning fast and genuinely easy the team at Oodle made getting car finance”
Melina McLean
No jumping through hoops
No jumping through hoops
No jumping through hoops
We do all the leg work to make your journey as straightforward as possible.
"Quick service which was easy and uncomplicated sorting my car in no time"
Kevin B.
Buy your car from anywhere
Buy your car from anywhere
Buy your car from anywhere
You can take out a car loan with us and shop for your car just about anywhere online. Once the cash is in your account, you're free to buy the car that suits you best, wherever you find it.
Car buying made simple and managed to buy
my dream car...”
Darren G.
Car finance calculator
Car finance calculator
Car finance calculator
The world of car finance can be a confusing one – but we’re here to help simplify things. Use our car finance calculator to help you decide whether car finance could be a good option for you, without affecting your credit rating. The calculator will give you a good idea of what your monthly payments could look like based on how much you’re looking to borrow.
Don’t worry, you’re not committing to anything; this tool is simply a useful guide to help you figure out a budget that suits you best before you complete a full application for car finance.
The world of car finance can be a confusing one – but we’re here to help simplify things. Use our car finance calculator to help you decide whether car finance could be a good option for you, without affecting your credit rating. The calculator will give you a good idea of what your monthly payments could look like based on how much you’re looking to borrow.
Don’t worry, you’re not committing to anything; this tool is simply a useful guide to help you figure out a budget that suits you best before you complete a full application for car finance.
The world of car finance can be a confusing one – but we’re here to help simplify things. Use our car finance calculator to help you decide whether car finance could be a good option for you, without affecting your credit rating. The calculator will give you a good idea of what your monthly payments could look like based on how much you’re looking to borrow.
Don’t worry, you’re not committing to anything; this tool is simply a useful guide to help you figure out a budget that suits you best before you complete a full application for car finance.
Representative 14.7% APR
Fast
Fast
Fast
Your car, your rules, its yours from day one.
Your car, your rules, its yours from day one.
Your car, your rules, its yours from day one.
Trustworthy
Trustworthy
Trustworthy
Safe
Safe
Safe
Secure, encrypted & regulated by the FCA
Secure, encrypted & regulated by the FCA
Secure, encrypted & regulated
by the FCA
* Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.4% per annum and a representative APR of 14.7%, your monthly repayment would be £230.46. The first payment would be £280.46, which includes a £50 opening fee. The total cost of credit would be £3,877.60, making the total amount payable £13,877.60. The representative APR includes all interest and fees.
* Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.4% per annum and a representative APR of 14.7%, your monthly repayment would be £230.46. The first payment would be £280.46, which includes a £50 opening fee. The total cost of credit would be £3,877.60, making the total amount payable £13,877.60. The representative APR includes all interest and fees.
How would you describe your credit rating?
More about credit bands
More about credit bands
More about credit bands
I want to borrow
£2,500
£35,000
Length of term (months)
12 months
60 months
Monthly payment
£360.17
APR
14.7%
Total cost of credit
£1,575.44
Total amount payable
£11,575.44
* Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.4% per annum and a representative APR of 14.7%, your monthly repayment would be £230.46. The first payment would be £280.46, which includes a £50 opening fee. The total cost of credit would be £3,877.60, making the total amount payable £13,877.60. The representative APR includes all interest and fees.
Rates from 10.9% APR, representative 14.7%
Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.7% per annum and a representative APR of 14.7%, your monthly repayment would be £232.53. The first payment would be £282.53, which includes a £50 opening fee. The total cost of credit would be £3,900.00, making the total amount payable £13,900.00. The representative APR includes all interest and fees.
Our ‘representative APR' means at least 51% of our customers are offered this rate. It’s a good way to compare lenders. Remember your rate will depend on lots of things like your credit score, so it might be higher or lower than this.
Rates from 10.9% APR with an APR 14.7%
Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.7% per annum and a representative APR of 14.7%, your monthly repayment would be £232.53. The first payment would be £282.53, which includes a £50 opening fee. The total cost of credit would be £3,900.00, making the total amount payable £13,900.00. The representative APR includes all interest and fees.
Our ‘representative APR' means at least 51% of our customers are offered this rate. It’s a good way to compare lenders. Remember your rate will depend on lots of things like your credit score, so it might be higher or lower than this.
Rates from 10.9% APR with an APR 14.7%
Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.7% per annum and a representative APR of 14.7%, your monthly repayment would be £232.53. The first payment would be £282.53, which includes a £50 opening fee. The total cost of credit would be £3,900.00, making the total amount payable £13,900.00. The representative APR includes all interest and fees.
Our ‘representative APR' means at least 51% of our customers are offered this rate. It’s a good way to compare lenders. Remember your rate will depend on lots of things like your credit score, so it might be higher or lower than this.
FAQs about calculating car finance
FAQs about calculating
car finance
How much will my monthly car finance repayments be?
The exact amount you will have to repay each month will depend on the amount you want to borrow, the interest rate you are offered, and the length of your loan term.
For example, if you have a solid credit rating you may be offered the best (lowest) rates, meaning you will be charged a lower interest rate on your loan - less interest means you pay back less overall. Similarly, if you choose a longer loan term, whilst your monthly repayments may be lower, the total amount you pay back will be higher.
You can get an idea of what your monthly payments will look like by using our handy car finance calculator. Or you can get a personalised quote in under 2 minutes, without impacting your credit score, here.
How much will my monthly car finance repayments be?
The exact amount you will have to repay each month will depend on the amount you want to borrow, the interest rate you are offered, and the length of your loan term.
For example, if you have a solid credit rating you may be offered the best (lowest) rates, meaning you will be charged a lower interest rate on your loan - less interest means you pay back less overall. Similarly, if you choose a longer loan term, whilst your monthly repayments may be lower, the total amount you pay back will be higher.
You can get an idea of what your monthly payments will look like by using our handy car finance calculator. Or you can get a personalised quote in under 2 minutes, without impacting your credit score, here.
How much will my monthly car finance repayments be?
The exact amount you will have to repay each month will depend on the amount you want to borrow, the interest rate you are offered, and the length of your loan term.
For example, if you have a solid credit rating you may be offered the best (lowest) rates, meaning you will be charged a lower interest rate on your loan - less interest means you pay back less overall. Similarly, if you choose a longer loan term, whilst your monthly repayments may be lower, the total amount you pay back will be higher.
You can get an idea of what your monthly payments will look like by using our handy car finance calculator. Or you can get a personalised quote in under 2 minutes, without impacting your credit score, here.
What does APR mean?
APR (Annual Percentage Rate) is a calculation that allows you to understand the total cost of borrowing over a year. It’s a percentage of the money you’ve borrowed that includes the interest rate and any fees attached to the loan; it’s a helpful way to compare the total cost of different loans.
There are a number of factors that a lender will take into account when calculating your APR, but generally, the better your credit rating, the lower your APR will be. A lower APR means a lower interest rate, which will reduce your monthly payments.
What does APR mean?
APR (Annual Percentage Rate) is a calculation that allows you to understand the total cost of borrowing over a year. It’s a percentage of the money you’ve borrowed that includes the interest rate and any fees attached to the loan; it’s a helpful way to compare the total cost of different loans.
There are a number of factors that a lender will take into account when calculating your APR, but generally, the better your credit rating, the lower your APR will be. A lower APR means a lower interest rate, which will reduce your monthly payments.
What does APR mean?
APR (Annual Percentage Rate) is a calculation that allows you to understand the total cost of borrowing over a year. It’s a percentage of the money you’ve borrowed that includes the interest rate and any fees attached to the loan; it’s a helpful way to compare the total cost of different loans.
There are a number of factors that a lender will take into account when calculating your APR, but generally, the better your credit rating, the lower your APR will be. A lower APR means a lower interest rate, which will reduce your monthly payments.
Does my credit rating affect my chances of getting car finance?
Yes. Your credit rating directly impacts your likelihood of getting car finance. Lenders will look at your credit score to assess how reliable you are as a borrower and work out whether to offer you a finance deal. In general, the higher your credit rating, the more likely you are to be offered finance. If your credit score is excellent, you can expect to be offered the best (lowest) interest rates and more favourable loan terms.
If you have a low credit rating your options are more limited: some lenders could turn you down. You may still be offered finance from specialist finance providers, but you will be charged higher rates of interest and can expect stricter loan terms.
Read more about credit scores and how to keep yours in good shape.
Does my credit rating affect my chances of getting car finance?
Yes. Your credit rating directly impacts your likelihood of getting car finance. Lenders will look at your credit score to assess how reliable you are as a borrower and work out whether to offer you a finance deal. In general, the higher your credit rating, the more likely you are to be offered finance. If your credit score is excellent, you can expect to be offered the best (lowest) interest rates and more favourable loan terms.
If you have a low credit rating your options are more limited: some lenders could turn you down. You may still be offered finance from specialist finance providers, but you will be charged higher rates of interest and can expect stricter loan terms.
Read more about credit scores and how to keep yours in good shape.
Does my credit rating affect my chances of getting car finance?
Yes. Your credit rating directly impacts your likelihood of getting car finance. Lenders will look at your credit score to assess how reliable you are as a borrower and work out whether to offer you a finance deal. In general, the higher your credit rating, the more likely you are to be offered finance. If your credit score is excellent, you can expect to be offered the best (lowest) interest rates and more favourable loan terms.
If you have a low credit rating your options are more limited: some lenders could turn you down. You may still be offered finance from specialist finance providers, but you will be charged higher rates of interest and can expect stricter loan terms.
Read more about credit scores and how to keep yours in good shape.
Am I eligible for car finance?
If you are over 18, you live in the UK and you can afford to make the repayments, then you are in a strong position to be eligible for a car loan. Other factors that affect your eligibility include your credit score, your income, and the specific criteria of the finance provider you choose.
Am I eligible for car finance?
If you are over 18, you live in the UK and you can afford to make the repayments, then you are in a strong position to be eligible for a car loan. Other factors that affect your eligibility include your credit score, your income, and the specific criteria of the finance provider you choose.
Am I eligible for car finance?
If you are over 18, you live in the UK and you can afford to make the repayments, then you are in a strong position to be eligible for a car loan. Other factors that affect your eligibility include your credit score, your income, and the specific criteria of the finance provider you choose.
What information and documents do I need to Apply For Car Finance?
When you apply for car finance, lenders will carry out credit and eligibility checks to determine if they can offer you a finance agreement. You may need documents to prove to the lender that the information you provided in your application was accurate - although lenders can complete these checks automatically in many cases. The information required may include
Proof of identity – All applicants must be aged 18 or over.
Proof of address – Address history from the past three years.
Proof of earnings – This could include personal income, and household income if you have dependents such as children.
Employment information – Details about your current job, including your role and how long you’ve been employed.
What information and documents do I need to Apply For Car Finance?
When you apply for car finance, lenders will carry out credit and eligibility checks to determine if they can offer you a finance agreement. You may need documents to prove to the lender that the information you provided in your application was accurate - although lenders can complete these checks automatically in many cases. The information required may include
Proof of identity – All applicants must be aged 18 or over.
Proof of address – Address history from the past three years.
Proof of earnings – This could include personal income, and household income if you have dependents such as children.
Employment information – Details about your current job, including your role and how long you’ve been employed.
What information and documents do I need to Apply For Car Finance?
When you apply for car finance, lenders will carry out credit and eligibility checks to determine if they can offer you a finance agreement. You may need documents to prove to the lender that the information you provided in your application was accurate - although lenders can complete these checks automatically in many cases. The information required may include
Proof of identity – All applicants must be aged 18 or over.
Proof of address – Address history from the past three years.
Proof of earnings – This could include personal income, and household income if you have dependents such as children.
Employment information – Details about your current job, including your role and how long you’ve been employed.
How long does it take to get a car finance decision?
It can take just a few minutes to find out if you're pre-approved for a car loan from Oodle. Once you complete your application you'll have the money in your account the next working day - ready for you to buy the vehicle that suits you, wherever you find it.
How long does it take to get a car finance decision?
It can take just a few minutes to find out if you're pre-approved for a car loan from Oodle. Once you complete your application you'll have the money in your account the next working day - ready for you to buy the vehicle that suits you, wherever you find it.
How long does it take to get a car finance decision?
It can take just a few minutes to find out if you're pre-approved for a car loan from Oodle. Once you complete your application you'll have the money in your account the next working day - ready for you to buy the vehicle that suits you, wherever you find it.
How much can I borrow with car finance?
You can borrow up to £35,000 with Oodle. The exact amount you can borrow and the duration of your loan will depend on several different factors, including:
Your credit score – your credit score determines your annual percentage rate (APR). The better your score, the lower the APR and the total loan amount.
Your income and affordability of your loan amount – we consider your monthly income and regular outgoings to calculate your disposable income and your ability to keep up with your monthly repayments.
How much can I borrow with car finance?
You can borrow up to £35,000 with Oodle. The exact amount you can borrow and the duration of your loan will depend on several different factors, including:
Your credit score – your credit score determines your annual percentage rate (APR). The better your score, the lower the APR and the total loan amount.
Your income and affordability of your loan amount – we consider your monthly income and regular outgoings to calculate your disposable income and your ability to keep up with your monthly repayments.
How much can I borrow with car finance?
You can borrow up to £35,000 with Oodle. The exact amount you can borrow and the duration of your loan will depend on several different factors, including:
Your credit score – your credit score determines your annual percentage rate (APR). The better your score, the lower the APR and the total loan amount.
Your income and affordability of your loan amount – we consider your monthly income and regular outgoings to calculate your disposable income and your ability to keep up with your monthly repayments.
Join over 250,000 happy Oodle customers
Join over 250,000 happy Oodle customers
Join over 250,000 happy Oodle customers
Representative 14.7% APR