Car finance calculator

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No impact on your credit score.

Get my quote.
No impact on your credit score.

Get my quote.
No impact on your credit score.

xx.x% APR Representative

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.

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.

Trustpilot logo with 4.5/5 star rating.
Trustpilot logo with 4.5/5 star rating.
Trustpilot logo with 4.5/5 star rating.

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.

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in your account next
working day

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

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in a dealership

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dedicated UK team.

APRs between 9.6% and 27.5%, with repayments between 12 and 60 months.

xx.x% APR Representative

Representative example: borrowing £10,000 over 5 years with a representative APR of xx.x%, an interest rate of 16.7% (fixed), the monthly payment would be £240.50. The first payment would be £290.50 to include an opening fee of £50. The opening fee is included in the total cost of credit of £4,480 and a total amount payable of £14,480.00.

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.

APRs between 9.6% and 27.5%, with repayments between 12 and 60 months.

xx.x% APR Representative

Representative example: borrowing £10,000 over 5 years with a representative APR of xx.x%, an interest rate of 16.7% (fixed), the monthly payment would be £240.50. The first payment would be £290.50 to include an opening fee of £50. The opening fee is included in the total cost of credit of £4,480 and a total amount payable of £14,480.00.

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.

APRs between 9.6% and 27.5%, with repayments between 12 and 60 months.

xx.x% APR Representative

Representative example: borrowing £10,000 over 5 years with a representative APR of xx.x%, an interest rate of 16.7% (fixed), the monthly payment would be £240.50. The first payment would be £290.50 to include an opening fee of £50. The opening fee is included in the total cost of credit of £4,480 and a total amount payable of £14,480.00.

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

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?

NEWS Aug 2024: FCA announcement on discretionary commission arrangements (DCAs)

Oodle customers are not impacted