Car finance calculator

16.8% APR Representative

Looking for car finance? Use our quick calculator to help you work out
your monthly payments.

Looking for car finance? Use our quick calculator to help you work out
your monthly payments.

Looking for car finance? Use our quick calculator to help you work out
your monthly payments.

Calculate monthly car finance payments

Calculate monthly car finance payments

Calculate monthly car finance payments

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.

With a personal loan of £10,000 over 12 months and an APR of 13%, the amount payable would be £350.00 a month, with a total cost of credit of £3,004.80 and the total amount payable of £13,54.80.

The total amount payable includes a £50 documents fee.

How much do you want to borrow?

How much do you want to borrow?

£Min

£Min

£Max

£Max

Length of term (months)

Length of term (months)

MinTime

MinTime

MaxTime

MaxTime

Monthly repayments

Monthly repayments

£218.58

£218.58

£218.58

Total borrowed

Total borrowed

£10,000

£10,000

Total cost of credit

Total cost of credit

£3,2956

£3,2956

This is an illustrative example to help you estimate your funding; actual amounts may vary

This is an illustrative example to help you estimate your funding; actual amounts may vary

What are the car finance options?

What are the car finance options?

What are the car finance options?

Car loans

A car loan is a type of finance that allows car buyers to buy a vehicle outright. The buyer borrows a lump sum of cash up front and then makes monthly payments over a set period (which will vary according to the agreement type).

A car loan is the only finance we offer on our website.

A car loan is a type of finance that allows car buyers to buy a vehicle outright. The buyer borrows a lump sum of cash up front and then makes monthly payments over a set period (which will vary according to the agreement type).

A car loan is the only finance we offer on our website.

A car loan is a type of finance that allows car buyers to buy a vehicle outright. The buyer borrows a lump sum of cash up front and then makes monthly payments over a set period (which will vary according to the agreement type).

A car loan is the only finance we offer on our website.

Hire purchase

Hire purchase is one of the most popular types of car finance. It’s an instalment payment plan with regular monthly payments that allows you to have use of the car while you’re paying for it. You hire the car for the duration of the agreement, while you’re paying for it, with the option to purchase it at the end. 

Personal contract purchase

Personal contract purchase (PCP) is another popular type of car finance. Rather than borrowing a loan equal to the total cost of the car, as you do with HP, your PCP loan covers only the estimated reduction in value of the vehicle, plus any fees and interest charged for hiring.

Personal contract hire

Personal contract hire, also known as PCH, is essentially a form of long-term rental and is a popular way to 'lease' a car. Typically, you pay an initial rental up front – often between 1-12 months – and agree to lease the car for a set period. At the end of the agreement, you return the car and settle any further charges (e.g. excess mileage and/or unreasonable wear and tear) that may apply.

Car finance thats actually simple

Car finance thats actually simple

Car finance thats actually simple

Whether you’re after your dream car, thinking about switching to electric, or just need a bit more space in the boot, an Oodle Car Loan could help you cover the cost.

Fast application, money in your account next
working day.

Your car, your rules, its yours from
day one.

Shop anywhere or choose a
trusted dealer.

Excellent rated, dedicated
UK team.

FAQs about calculating car finance

Am I eligible for car finance?

Am I eligible for car finance?

Am I eligible for car finance?

What information is needed for a financing decision?

What information is needed for a financing decision?

What information is needed for a financing decision?

How long does it take to get a financing decision?

How long does it take to get a financing decision?

How long does it take to get a financing decision?

How much can I borrow to buy a car?

How much can I borrow to buy a car?

How much can I borrow to buy a car?