Can I afford this car?
Use the estimator to change the vehicle price, deposit, term and balloon. Look at total interest as well as the regular repayment.
Adjust the estimateCar finance, clearly
Car finance that starts with your budget.
Estimate repayments, understand lender checks and choose the right finance path for the way you are buying.
Adjust the full loan structure
No credit enquiry to estimate
See total interest, not just repayments
Your starting point
Repayment estimator
Estimated weekly repayment
Loan amount
$60,000
Total interest
$18,529
Total repayable
$78,529
Example rate and assumptions
Illustrative only. Repayment estimates use a 7.99% p.a. example interest rate and exclude lender-specific fees unless stated. This is not an advertised rate, credit approval or offer. Your actual interest rate, comparison rate, fees and repayments depend on financier assessment and the final loan details.
Continues to BaseRate's application. Eligibility and financier criteria apply.
Example family vehicle
60+
Asset-finance lenders
Panel access varies by application
Disclosed
Financier-paid commission
See how BaseRate gets paid
Online
Application process
Supporting information may be required
CCR
Under ACL 383122
Credit criteria and terms apply
Three questions first
Make the finance decision before the application.
A useful car-finance page should help you understand affordability, assessment and total cost—not rush you into a form.
Will I be approved?
An estimate is not an approval. Financiers assess your circumstances, commitments, credit history and the vehicle before making a decision.
Understand the processIs the deal fair?
Compare the interest rate, comparison rate, known fees, total repayable and contract terms—not one headline number.
Compare the right numbersUsing the car for business?
Business car finance starts with purpose—not the product name.
A vehicle bought mainly for business use can follow a commercial assessment and may use a different contract from a personal car loan. Mixed business and private use needs particular care.
Before comparing repayments
Confirm the borrower, intended use, GST registration, ownership structure and the evidence a financier requires. Tax treatment depends on your circumstances and business-use proportion; confirm it with a registered tax adviser or accountant.
Related external resource: Asset Finance Australia. Information and service terms on that site apply separately.
Business car loan
A broad description for finance used to acquire a business vehicle. The actual contract and security still determine how it works.
Read definitionChattel mortgage
A secured commercial structure where the borrower owns the vehicle and the financier takes security over it.
Read definitionCommercial goods loan
A lender label commonly used for secured finance over vehicles or equipment. Read the contract rather than relying on the label.
Read definitionOther business assets
Trucks, machinery and equipment need asset-specific policy, valuation, useful-life and evidence checks.
Read definitionCar-finance pathways
Start with the decision you are making.
Use the relevant pathway instead of reading one generic explanation of every finance scenario.
Which pathway fits?
Compare car-loan types
Separate consumer, commercial, secured, unsecured and documentation pathways in plain English.
ExploreBuying new
New car finance
Understand deposits, loan structure and the assumptions behind a new-car estimate.
ExploreBuying used
Used car finance
See how vehicle age, condition, valuation and seller type can affect the finance process.
ExploreCan I qualify?
Car-loan eligibility
Understand the borrower, vehicle and structure checks before you apply.
ExploreWhat will I need?
Documents for car finance
Prepare the identity, income and vehicle evidence commonly requested for assessment.
ExploreHow much can I borrow?
Loan amount guidelines
See why product minimums and maximums differ from your practical borrowing limit.
ExploreWhat rate could apply?
Car-loan rates explained
Understand personalised pricing, comparison rates and the full cost of a loan.
ExploreBefore I shop
Car-loan pre-approval
Learn the online application process, what lenders assess and what still needs final verification.
ExploreBefore the showroom
Dealer finance comparison
Compare price, rate, fees, balloon and total repayment on the same structure.
ExploreBuying privately
Private-sale finance
Plan borrower, vehicle, seller, PPSR, payout and settlement checks.
ExploreExisting loan
Refinance decision
Compare payout and remaining cost with a complete replacement structure.
ExploreFinance terminology
Finance glossary
Understand PPSR, LVR, balloons, comparison rates and settlement in plain English.
ExploreOur panel
Lender panel
See the lenders currently represented in BaseRate’s public panel view.
ExploreDeep-dive learning centre
Understand the decision behind the application.
Use practical guides with definitions, reasons, examples and primary sources. These explain the buying costs and policy factors that a repayment estimate cannot answer.
Start here
Complete car-finance guide
Follow the decision from ownership budget and eligibility through comparison, approval and settlement.
Read guideTotal purchase cost
Australian car-buying costs
Understand stamp duty, luxury car tax, CTP, insurance and why on-road costs can change a finance structure.
Read guideCredit reporting
Credit scores and enquiries
See what a score represents, which Australian reporting bodies exist and why a lender assesses more than the number.
Read guideCompare full cost
Comparison rates explained
Learn the statutory comparison-rate framework and see how a lower interest rate can still cost more after fees.
Read guideVehicle decision
New vs used car finance
Compare depreciation, vehicle policy, warranty, purchase costs and finance implications in one framework.
Read guideIncome evidence
Self-employed car finance
Understand why income evidence varies and what to prepare before a formal application.
Read guideElectric vehicle
Electric vehicle finance
Understand EV eligibility, valuation, insurance, tax treatment and ownership-cost assumptions without relying on a generic rate.
Read guideExisting loan problem
Managing car finance
Work through payout, negative equity, write-offs, hardship, repossession and declined applications using the right source figure.
Read guide
The connected car journey
One intelligent account. Every car decision connected.
Research the exact variant, structure finance, follow settlement, understand your equity and choose what comes next.
Exact variantsSmart matchingLive progressVehicle valueLoan positionSelling pathways
Apply & match
Know what is ready before matching begins
A clear evidence checklist reduces uncertainty. Smart Match can then surface suitable structures without asking you to decode dozens of products.
Example verification state
Your application file
- Driver licence — verified
- Identity details — matched
- Income evidence — received
- Bank statements — securely connected
- Vehicle and quote — attached
Illustrative interface only. The evidence required and its status depend on your application and the selected financier.
Example Smart Match view
Your strongest pathways, ranked clearly
Toyota RAV4 GXL Hybrid AWD · $52,340
01Top match
Best overall fit
Balances estimated repayment, policy fit and the flexibility selected in your application.
02Compare
Strong alternative
A useful second structure where a different fee, term or repayment trade-off may suit you better.
Matches are indicative until your information is verified and a financier completes its assessment. No approval is implied.
Interface examples demonstrate the BaseRate journey. Vehicle values, finance outcomes, status and eligibility vary by customer and financier assessment.
Rates, without the theatre
A headline rate is not the full cost.
BaseRate does not present the 7.99% example as an available rate. A specific option must be assessed using your circumstances and the final loan details.
Interest rate
The percentage used to calculate interest on the outstanding balance. It does not include separately charged fees.
Comparison rate
Interest plus ascertainable credit fees expressed as an annual percentage for a stated amount and term.
Total paid
Every scheduled repayment plus upfront fees and any balloon. This is the dollar result users ultimately fund.
Worked example
Why the lower interest rate can cost more
Both offers finance $20,000 over three years with monthly repayments and no balloon. Offer A charges a $1,200 establishment fee at settlement; Offer B has no establishment or ongoing fee.
Swipe horizontally to compare every figure →
| Offer | Interest rate | Establishment fee | Monthly repayment | Total paid | Illustrative comparison rate |
|---|---|---|---|---|---|
| Offer A — lower rate, high fee | 6.00% p.a. | $1,200 | $608 | $23,104 | 10.21% p.a. |
| Offer B — higher rate, no fee | 7.00% p.a. | $0 | $618 | $22,232 | 7.00% p.a. |
Offer B has the higher interest rate and a repayment about $9 per month higher, yet it costs about $872 less overall because Offer A’s upfront fee outweighs its interest saving.
Illustrative calculation only. Assumes monthly principal-and-interest repayments, the fee is paid at settlement, no ongoing or contingent fees, and no balloon. Figures are rounded. When a fixed-term consumer-credit advertisement states an annual interest rate, the credit provider must calculate and disclose the applicable comparison rate for that advertised product.
Vehicle bridge
See the finance context for popular cars.
The full vehicle experience lives under Browse Cars. These examples show how price changes the repayment starting point.
Licence, evidence and calculation notes
BaseRate acts as a Corporate Credit Representative of Scott Iriks, Australian Credit Licence 383122. Estimates use a standard amortising-loan formula with monthly compounding; weekly and fortnightly figures are derived from the monthly repayment. Lender-specific fees are excluded unless stated. Policy guidance combines current public sources with aggregate patterns observed in reviewed lender documents; it does not reproduce confidential policy, cover the whole market or guarantee an outcome. Dedicated authority pages identify their sources and review dates. Updated 8 August 2026.
Car-finance questions
The essentials, without the long scroll.
Specialist vehicle and finance topics live on their relevant pages. These answers cover the decisions most customers need before applying.
Is the repayment estimate a finance offer?
No. The estimate is illustrative only. It is not a quote, approval or indication that the example rate is available. Your rate, comparison rate, fees and repayments depend on the financier, your circumstances and the final loan details.
Does using the estimator affect my credit score?
No. Adjusting the repayment estimate does not involve a credit enquiry. A financier may conduct a credit check if you continue to a formal application.
What affects car-finance approval?
Financiers generally consider income, expenses, existing commitments, credit history, employment, the vehicle and the requested loan structure. Approval remains subject to the financier’s assessment and criteria.
Do I need a deposit?
Not every loan requires a deposit, but contributing cash or trade-in equity reduces the amount borrowed and may change the available terms. The estimator lets you test the effect before applying.
What does a balloon payment change?
A balloon can reduce regular repayments by leaving a lump sum due at the end of the term. It generally increases total interest and creates a final payment that must be paid, refinanced or otherwise resolved.
Why should I check the comparison rate?
A lower interest rate does not guarantee a cheaper loan. In BaseRate’s illustrative $20,000 three-year example, a 6.00% loan with a $1,200 establishment fee costs about $23,104, while a 7.00% loan with no fee costs about $22,232—approximately $872 less. Illustrative calculation only. Assumes monthly principal-and-interest repayments, the fee is paid at settlement, no ongoing or contingent fees, and no balloon. Figures are rounded. When a fixed-term consumer-credit advertisement states an annual interest rate, the credit provider must calculate and disclose the applicable comparison rate for that advertised product.
Can BaseRate assist with new and used vehicles?
BaseRate can help eligible customers explore panel options for new and used vehicles, including some dealer and private-sale purchases. Vehicle-age, condition and valuation criteria vary by financier.
Does BaseRate compare every lender in the market?
No. BaseRate explores suitable options from its accessible lender panel, not every lender or finance product in the market. Lender and product availability varies by application.
Your estimate is ready
Continue from $216 a week.
Illustrative estimate only. Approval, rates, fees and terms depend on financier assessment.