Car finance calculator

The type of car that you could finance with Moneybarn

We offer finance of up to £25,000 for a car, but after we’ve completed a credit search we’ll tell you exactly how much you may be eligible for. When you are looking for your new car there are just a few things you need to keep in mind. The car can be no more than 12 years old at the end of the agreement (the age of the vehicle at the start of the agreement will be dependent on the finance term) and the mileage cannot exceed 120,000 at the start of the agreement.

How can I make sure that the finance agreement is right for me?

As a responsible lender, we believe that before you commit to a vehicle finance agreement it is important that you look at your budget to make sure you can afford the repayments. We have developed our car finance calculator with this in mind, for a quick and easy way to see just how affordable our vehicle finance can be.

Every one of our customers is an individual and we treat them as such. The Moneybarn car finance calculator helps you to see what payments you’ll need to make, for how long and the interest rate you can expect, before you apply for an agreement.

How does the car finance calculator work?

It’s easy to adjust the calculator to extend or reduce the finance period and also increase or reduce your monthly repayments. You can even edit the total amount you wish to finance, which will give you a guide to how much you can spend on your new vehicle.

The calculator can ensure that your vehicle finance is balanced between being affordable for you every month and being fully paid off in the shortest possible time. You will also see the approximate interest rate you can expect to be offered too, all before you apply for vehicle finance.

How can the car finance calculator help me?

Vehicle finance is no different from any other finance agreement and it's essential that you are able to continue the repayments for the entirety of the agreement period. Our car finance calculator helps you get to grips with monthly repayments, the interest rate and the finance period you could receive, before applying.

Once you’ve found the finance period and repayment amount that’s right for you, you can apply for your car finance with us. We will then confirm the exact  amount you will be able to finance and the interest rate, finance period and monthly payments.

*Please note that the Moneybarn car finance calculator is for illustration purposes only. All figures given on the calculator are estimates only and may vary from the final rates offered.

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