Car Loan Calculator
Things you should know
Credit criteria and fees and charges will apply.
Information current as at 13 November 2018.
The estimated repayment amount does not include any fees and charges which may apply.
Car loan calculator disclaimer
Any calculation made by you using this Car Loan calculator is intended as a guide only. It is for illustrative purposes only and is based on the accuracy of the information provided. The calculator does not take establishment fees, stamp duty or other government charges into account. The calculation does not constitute an offer of finance from Westpac. Your borrowing power amount may be different when you complete a loan application and all the details relevant to our lending criteria are captured and verified. The calculations should not be relied on for the purpose of making a decision whether to apply for a car loan.
1. Comparison rate information
The comparison rate is based on a secured Personal Loan of $30,000 borrowed for 5 years with the minimum interest rate of 7.49% p.a. (8.68% p.a. comparison rate), the estimated total amount payable including fees is $37,080. WARNING: This comparison rate applies only to the example or examples given and may not include all fees and charges. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Interest rate applicable to new loans approved on or after 9 July 2020.
For secured personal loans, any motor vehicle offered as security must not be more than 12 years old upon loan expiry. The vehicle used as security must be registered under the applicant's name. Initial rate indications quoted prior to full loan-to-valuation ratio being completed may change depending on the valuation of security offered.