Compare Loans

Car loan calculator NZ

Put in the car's price and see what it costs each week, what you'd pay back, and what a deposit saves.

$155 a week

$40,214 paid back in total

UDC, AA Money and Marac lend up to the full price if you're approved.

Fixed starting rates by credit history: Excellent is Marac's lowest, Good is UDC Finance's highest, and Fair and Impaired are MTF Finance's samples.

years

Up to 7 years.

How often

UDC Finance's fee, added to the loan. Fees run $0 to $550.

A lump sum due with the last repayment.

$9,965 interest, with the $249 fee added to the loan.

With $5,000 down: $129 a week, $26 less, and $1,647 less interest.

Find out what my car loan rate would be

Estimate only, not a quote or an approval. Your rate depends on your credit and the lender. Rates checked 21 Oct 2026.

What does a deposit or a balloon change?

Both cut the weekly cost to $129. The deposit saves you $1,647 in interest, and the balloon costs you $2,413 more.

Option on a $30,000 carEach weekPaid back in total
No deposit$155$40,214
$5,000 deposit$129$33,567 (plus your $5,000)
$9,000 balloon at the end$129$42,627

$30,000 over 5 years at 11.95% p.a. fixed, UDC Finance's $249 fee added, weekly. Source: UDC Finance, checked 21 Oct 2026.

See which lenders would consider me

Should I arrange finance before the car yard?

Yes, if you can. Walking in with your own approval gives you a rate and a total to hold the dealer's offer against.

On a $30,000 car, 11.95% costs $155 a week. A dealer quote at 14.95% is $165 a week, and $2,500 of add-ons rolled into it takes that to $179 a week and $6,331 more in total.

The 14.95% dealer rate and the add-ons are examples, not lender offers.

Questions about car loans

How much would a $30,000 car loan cost a month?

$672 a month over 5 years at 11.95% p.a. fixed with UDC Finance's $249 fee added, $40,326 in total. A lower rate brings both down.

What rate should I expect on a car loan?

Advertised car loan rates run from 7.89% p.a. at Harmoney to 29.99% p.a. at Gem by Latitude across the 13 lenders Compare Loans checked on 21 Oct 2026. Where you land depends on your credit history and whether the loan is secured on the car.

Is a balloon payment a good idea?

It lowers each repayment but costs more overall: a $9,000 balloon on $30,000 saves $26 a week and adds $2,413 to the total. You need the $9,000 ready at the end, or you refinance it.

What fees come with a car loan?

A set-up fee of $0 to $550, a PPSR fee of about $7 to $10 on a secured loan, and an account fee of $0 to $8 a month at some lenders (checked 21 Oct 2026). Put the set-up fee in the calculator to see it in your total.

Can a licensed broker check my car loan?

Answer three short questions and a licensed broker checks which lenders would consider you for the car.

Compare Loans refers you to a licensed broker and is paid a referral fee by the broker. This is not a loan application. How Compare Loans makes money

About how much?