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Car Finance Cost Calculator

Car Finance Cost CALCULATOR

Quickly get a monthly cost for your CAR FINANCE.

How this calculator works
APR Representative %
Total repayment £
Total cost of credit £
0 Monthly Repayments of £0
Representative Example with Excellent Credit

Borrowing £7,000 over 4 years with a representative APR of 5.99%, and a deposit of £0.00, the amount payable would be: £163.30 a month, with a total cost of credit of £838.60 and a total amount payable of £7,838.60.

Midland Credit is a broker and not a lender

If you’re thinking of getting a car loan in the near future why not get an idea as to the possible monthly payment by using our Car Finance Calculator.

Just tell us if you have excellent, good, fair, poor or bad credit, decide what deposit you’re putting down and the value of the vehicle you intend to purchase – then press ‘calculate’.

Our Car Finance Calculator gives you a quick and easy way to approximately calculate what your monthly payments would be.

You can change the deposit, term and the amount until you get a monthly payment that you are comfortable with and that suits your budget.

Please remember that Midland Credit help customers with Excellent, Good, Fair, poor and Bad credit ratings and both Employed and Self Employed customers. The Car Loan Calculator will show you approximate monthly payments based on the credit rating that you enter.

*The figure that the Car Finance calculator gives is for guidance only, the actual payment will be advised once we have obtained finance approval based on your individual circumstances *