Car Loan Calculator

Understand payments, equity, and depreciation

Monthly

£877.43

Loan Term vs Equity

Compares how equity builds over time for different loan terms, using the same depreciation and APR assumptions.

Deselect periods by tapping/clicking legend key.

Loan Term vs Interest

Compares how much interest you have paid after each year for different loan terms.

Deselect periods by tapping/clicking legend key.

Equity table

Term (months)	Monthly payment	Equity Y1	Equity Y2	Equity Y3	Equity Y4	Equity Y5	Equity Y6	Equity Y7	Equity Y8
12	£1,712	£16,200	£14,580	£13,122	£11,810	£10,629	£9,566	£8,609	£7,748
24	£877	£5,951	£14,580	£13,122	£11,810	£10,629	£9,566	£8,609	£7,748
36	£599	£2,537	£7,578	£13,122	£11,810	£10,629	£9,566	£8,609	£7,748
48	£461	£832	£4,081	£7,742	£11,810	£10,629	£9,566	£8,609	£7,748
60	£377	£-189	£1,987	£4,519	£7,401	£10,629	£9,566	£8,609	£7,748
72	£322	£-868	£594	£2,375	£4,468	£6,866	£9,566	£8,609	£7,748
84	£283	£-1,352	£-399	£847	£2,378	£4,185	£6,264	£8,609	£7,748
96	£253	£-1,714	£-1,142	£-295	£815	£2,181	£3,795	£5,652	£7,748

Interest table

Monthly payment excludes overpay. Equity and interest calculations include any overpay, because they follow the monthly schedule.

Term (months)	Monthly payment	Interest Y1	Interest Y2	Interest Y3	Interest Y4
12	£1,712	£546	£546	£546	£546
24	£877	£779	£1,058	£1,058	£1,058
36	£599	£856	£1,388	£1,579	£1,579
48	£461	£895	£1,553	£1,961	£2,108
60	£377	£918	£1,651	£2,190	£2,525
72	£322	£933	£1,717	£2,343	£2,803
84	£283	£944	£1,764	£2,451	£3,000
96	£253	£953	£1,799	£2,532	£3,148