Car Finance Calculator
Our car finance calculator is designed with you in mind. Easily estimate how much you can afford to borrow and see what your monthly payments might be. This helps you plan your budget and find cars that fit your financial needs.
Want a more personalised approach? You can also get a tailored car finance quote from one of our expert finance advisors, ensuring you get the best deal for your circumstances.
How Does Our Car Finance Calculator Work?
Our car finance calculator UK helps you work out how much you could afford to borrow and plan your next car purchase with confidence. Using simple sliders, you can adjust your monthly budget, loan term, and credit rating to see a personalised estimate of your finance deal.
1. Set Your Monthly Budget.
Tell us how much you can afford to pay each month, so we can calculate a realistic finance plan.
2. Choose a Loan Term Length.
Select the duration of your car finance agreement to see how it affects your monthly payments.
3. Enter Your Credit Rating.
Choose your current credit score — bad, poor, fair, good, or excellent — for a more accurate estimate. Once you have a confirmed credit score, your quote will be even more precise.
Using data from real applications, our car finance calculator estimates how much you could borrow at a representative APR. You can then browse cars within your budget to see which vehicles you can afford, making your car finance journey simple and stress-free.
Find Out How Much You Could Borrow:
Use our interactive car finance calculator to see how much you could borrow and plan your next car purchase with confidence. Simply set your monthly budget, loan term, and credit rating to get an instant estimate.
It’s quick, easy, and helps you narrow down cars within your budget so you can make an informed decision.
Car Finance Calculator
Why Our Car Loan Calculator Is the Most Accurate:
We’re proud of our free car finance calculator, designed to give you a clear, realistic idea of what you can afford. Unlike other calculators that rely on your own assessment of your credit, we use your actual credit score to provide a far more accurate estimate. After all, what one lender considers ‘poor’ another may see as ‘fair’.
Once you know your credit rating, our car financing calculator shows how much you could borrow and which cars fit your budget. It even estimates the likelihood of approval based on your credit profile, so there are no surprises when you receive real offers from our lenders.
While the calculator provides an affordability estimate, your personal car finance expert will work with our panel of trusted lenders to secure the best deal for your circumstances once you submit your application. It’s a fast, transparent way to plan your next car purchase with confidence.
HP Car Finance Calculator:
We specialise in hire purchase (HP) car finance, a popular way to spread the cost of your chosen vehicle into manageable monthly payments. Our HP car finance calculator helps you estimate how much you could pay on a HP car loan, making it easier to plan your budget.
With hire purchase, you make regular payments throughout the term of your contract. Once all payments are complete, the car is yours to own.
If HP finance isn’t right for you, we also offer a variety of PCP car finance deals that may better suit your needs. Plus, you can use our calculator to see how much you could borrow for refinancing a PCP balloon payment.
What Is the Cheapest Way to Finance a Car?
There’s no one-size-fits-all answer when it comes to car finance. The cheapest way to finance a car depends on several factors, including the type of car, loan term, and the APR of your agreement.
While loans with lower monthly payments may seem appealing, they aren’t always the cheapest overall. Longer terms or higher interest rates can increase the total cost of your finance deal. Using our car finance calculator, you can get a realistic estimate of repayments and explore low-rate finance options tailored to your circumstances.
Don’t let finance jargon hold you back — check out our car finance jargon buster to make the process easier.
Why Choose UK Car Finance For Your Next Car?
At UK Car Finance, we believe getting car finance should be straightforward, transparent, and stress-free. Our finance-first approach ensures you access the best low-rate deals from a wide panel of trusted UK lenders, while we handle all the leg work — including liaising with your chosen dealership to get the car you want.
Benefits of choosing us:
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No deposit options – get on the road without upfront payments.
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Low-rate APR – save money with competitive interest rates.
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5-star rated reviews – trusted by hundreds of happy customers.
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Fast decisions – know where you stand quickly.
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Hundreds of cars to choose from – pick the vehicle that suits your budget.
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Wide range of trusted lenders – catering for different circumstances.
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Footprint-free application – no impact on your credit score when you apply.
Get a More Accurate Car Finance Quote!
Our car finance calculator provides a great estimate of the loan you could be offered. For a personalised quote, complete our application form and one of our expert finance advisors will contact you with the best options available.