Exact monthly repayments and total interest for car loans from $15,000 to $70,000, across 3, 5 and 7 year terms, calculated with the same amortisation formula lenders use.
The tables below answer the question people actually ask: "what would the repayments be on a $30,000 car loan?" Each cell shows the monthly repayment and, underneath, the total interest you'd pay over the life of the loan. Three rate tiers are shown, roughly matching strong-credit new-car rates, average secured rates, and higher-rate used-car or credit-impaired lending.
| Loan amount | 3 years | 5 years | 7 years |
|---|---|---|---|
| $15,000 | $463/mo $1,674 interest | $297/mo $2,821 interest | $226/mo $4,017 interest |
| $20,000 | $618/mo $2,232 interest | $396/mo $3,761 interest | $302/mo $5,356 interest |
| $25,000 | $772/mo $2,789 interest | $495/mo $4,702 interest | $377/mo $6,695 interest |
| $30,000 | $926/mo $3,347 interest | $594/mo $5,642 interest | $453/mo $8,034 interest |
| $35,000 | $1,081/mo $3,905 interest | $693/mo $6,583 interest | $528/mo $9,372 interest |
| $40,000 | $1,235/mo $4,463 interest | $792/mo $7,523 interest | $604/mo $10,711 interest |
| $50,000 | $1,544/mo $5,579 interest | $990/mo $9,404 interest | $755/mo $13,389 interest |
| $60,000 | $1,853/mo $6,695 interest | $1,188/mo $11,284 interest | $906/mo $16,067 interest |
| $70,000 | $2,161/mo $7,810 interest | $1,386/mo $13,165 interest | $1,056/mo $18,745 interest |
| Loan amount | 3 years | 5 years | 7 years |
|---|---|---|---|
| $15,000 | $477/mo $2,172 interest | $311/mo $3,683 interest | $241/mo $5,272 interest |
| $20,000 | $636/mo $2,896 interest | $415/mo $4,910 interest | $322/mo $7,030 interest |
| $25,000 | $795/mo $3,620 interest | $519/mo $6,138 interest | $402/mo $8,787 interest |
| $30,000 | $954/mo $4,344 interest | $623/mo $7,365 interest | $483/mo $10,544 interest |
| $35,000 | $1,113/mo $5,068 interest | $727/mo $8,593 interest | $563/mo $12,302 interest |
| $40,000 | $1,272/mo $5,792 interest | $830/mo $9,820 interest | $644/mo $14,059 interest |
| $50,000 | $1,590/mo $7,240 interest | $1,038/mo $12,275 interest | $804/mo $17,574 interest |
| $60,000 | $1,908/mo $8,687 interest | $1,246/mo $14,730 interest | $965/mo $21,089 interest |
| $70,000 | $2,226/mo $10,135 interest | $1,453/mo $17,185 interest | $1,126/mo $24,604 interest |
| Loan amount | 3 years | 5 years | 7 years |
|---|---|---|---|
| $15,000 | $498/mo $2,936 interest | $334/mo $5,020 interest | $265/mo $7,242 interest |
| $20,000 | $664/mo $3,914 interest | $445/mo $6,693 interest | $353/mo $9,657 interest |
| $25,000 | $830/mo $4,893 interest | $556/mo $8,367 interest | $441/mo $12,071 interest |
| $30,000 | $996/mo $5,871 interest | $667/mo $10,040 interest | $530/mo $14,485 interest |
| $35,000 | $1,163/mo $6,850 interest | $779/mo $11,713 interest | $618/mo $16,899 interest |
| $40,000 | $1,329/mo $7,829 interest | $890/mo $13,387 interest | $706/mo $19,313 interest |
| $50,000 | $1,661/mo $9,786 interest | $1,112/mo $16,733 interest | $883/mo $24,141 interest |
| $60,000 | $1,993/mo $11,743 interest | $1,335/mo $20,080 interest | $1,059/mo $28,970 interest |
| $70,000 | $2,325/mo $13,700 interest | $1,557/mo $23,427 interest | $1,236/mo $33,798 interest |
All figures assume no deposit, no balloon and exclude lender fees. Estimates for general information only, not financial advice. Your rate depends on your credit profile, the car and the lender.
Two patterns are worth noticing. First, term is the silent cost: on a $40,000 loan at 9%, stretching from 5 to 7 years drops the repayment by around $186 a month but adds roughly $4,239 in extra interest. Second, rate matters more as the amount grows: the gap between 7% and 12% on a $70,000 loan over 5 years is about $10,262 in total interest.
To model your own deposit, balloon payment, or an exact rate you've been quoted, use the car loan calculator, it recalculates instantly and shows weekly and fortnightly views too.