Car finance calculator

Car finance calculator

We can help walk you through the entire car finance process. See what we could lend you!

  • Monthly payment: £000.00
  • Total to repay: £00,000.00
  • Calculated APR: 00.0%

Representative 31.9% APR

How does the car finance calculator work?

To use our car finance calculator online we’ll just need to know how much car finance you are wanting and what sort of repayment term you are looking for.

It’s really simple to use our car finance calculator. Follow the step-by-step process and the calculator will provide an estimate of what car finance would look like for you. This will include estimated costs of monthly repayments, the total you’d repay and the calculated APR.

Top tip: If your first quote isn’t quite what you are looking for, try playing around with the calculator. You can change the amount you want to borrow and the period you want to pay it back over. This will help you find the car finance monthly amount that suits you.

How does the car finance calculator work?

Scroll down to try out our car loan calculator.

To use our car finance calculator online we’ll just need to know how much car finance you are wanting and what sort of repayment term you are looking for.

It’s really simple to use our car finance calculator. Follow the step-by-step process and the calculator will provide an estimate of what car finance with Moneybarn would look like for you. This will include estimated costs of monthly repayments, the total you’d repay and the calculated APR.

Top tip: If your first quote isn’t quite what you are looking for, try playing around with the calculator. You can change the amount you want to borrow and the period you want to pay it back over. This will help you find the car finance monthly amount that suits you.

Car finance calculator

We can help walk you through the entire car finance process - check it out.

  • Monthly payment: £000.00
  • Total to repay: £00,000.00
  • Calculated APR: 00.0%

Representative 31.9% APR

How to use our car finance calculator

Step 1: Decide how much you want to borrow

Choose from the drop down menu how much you are going to borrow to buy the car you want.

Step 2: Work out how long you want the loan to last for

You will want to figure out how much you want to pay back each month, and how long you want the car finance term to be. While a longer term will mean smaller monthly payments, you may end up paying more interest, so play around with the calculator and find what’s right for you.

Step 3: Enter your credit score

To get the most accurate quote, try putting your credit score into the car loan finance calculator. This doesn’t have to be accurate, but will help us better understand your needs. Select from ‘Poor’, ‘Fair’, ‘Good’ or ‘Excellent’.

Step 4: Review your car finance quote

Now the calculator will show you what your finance might look like with Moneybarn. If you’re happy with it you can make an application today.

Car finance criteria

At Moneybarn we want all our customers to have the best possible quality of life on the roads, which is why we have certain criteria that your new car must fit into:

  • It must be priced between £4,000 – £25,000
  • It must not have more than 120,000 miles on the clock
  • It must not be more than 15 years old by the end of the agreement

To get car finance you’ll need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 21 and 70
  • A full valid UK driving licence
  • 2 consecutive months of payslips or bank statements

Bad credit car finance calculator

Moneybarn are specialists in bad credit car finance, so you don’t need to worry if you have a low credit score. We understand that sometimes a low credit score can often be out of your hands and can be knocked down for many reasons such as missing a payment, having recently moved address or if you’re still recovering from a previous bankruptcy.

Our aim is to help people with a low credit score get into a car and onto a better road ahead. If you have a CCJ or an IVA, then you could be joining thousands of Moneybarn customers in getting the bad credit car finance they need.

If you would like to know more about how to improve your credit score check out our bad credit explained page where we provide some useful tips to get you back on track. To get an idea of what your agreement might look like, try our car finance repayment calculator at the top of the page. Once you’re happy, you can make an application.

Frequently asked questions

Starting an application with us is simple and will only take you 5 minutes to apply for car finance online. We’ll just need to know a little bit about you, your address and your job. Making an application with us will not affect your credit score, as we only use a soft credit search to give you an initial decision.

APR stands for ‘annual percentage rate’. It is the total cost you pay to borrow the money for the year. The rate of your APR for car finance with us will firstly be decided by your current credit score.

Read our handy guide if you want to learn more about what APR means.

A deposit is the amount of money you pay up front when you start a car finance agreement. Whether you could get no deposit car finance depends on your circumstances. Some of our agreements may require a deposit based on certain individual factors such as affordability and credit score.

The interest you pay on a car finance agreement is calculated as a proportion of the amount you borrow. The higher the interest rate, and the more you borrow, the more you may be charged in interest.

If you’d like to understand our car finance in more depth then we’ve written a guide explaining how Conditional Sale agreements work.

There’s a lot of factors to consider when applying for car finance. The amount of car finance you can get depends on a variety of factors, such as affordability and credit score. Start by using our car finance calculator at the top of the page, or if you’re ready, make an application today.

How to use our car finance calculator

Step 1: Decide how much you want to borrow

Choose from the drop down menu how much you are going to borrow to buy the car you want.

Step 2: Work out how long you want the loan to last for

You will want to figure out how much you want to pay back each month, and how long you want the car finance term to be. While a longer term will mean smaller monthly payments, you may end up paying more interest, so play around with the calculator and find what’s right for you.

Step 3: Enter your credit score

To get the most accurate quote, try putting your credit score into the car loan finance calculator. This doesn’t have to be accurate, but will help us better understand your needs. Select from ‘Poor’, ‘Fair’, ‘Good’ or ‘Excellent’.

Step 4: Review your car finance quote

Now the calculator will show you what your finance might look like with Moneybarn. If you’re happy with it you can make an application today.

Car finance criteria

At Moneybarn we want all our customers to have the best possible quality of life on the roads, which is why we have certain criteria that your new car must fit into:

  • It must be priced between £4,000 – £25,000
  • It must not have more than 120,000 miles on the clock
  • It must not be more than 15 years old by the end of the agreement

To get car finance you’ll need:

  • Monthly earnings over £1,000 (after tax)
  • To be aged between 21 and 70
  • A full valid UK driving licence
  • 2 consecutive months of payslips or bank statements

Bad credit car finance calculator

Moneybarn are specialists in bad credit car finance, so you don’t need to worry if you have a low credit score. We understand that sometimes a low credit score can often be out of your hands and can be knocked down for many reasons such as missing a payment, having recently moved address or if you’re still recovering from a previous bankruptcy.

Our aim is to help people with a low credit score get into a car and onto a better road ahead. If you have a CCJ or an IVA, then you could be joining thousands of Moneybarn customers in getting the bad credit car finance they need.

If you would like to know more about how to improve your credit score check out our bad credit explained page where we provide some useful tips to get you back on track. To get an idea of what your agreement might look like, try our car finance repayment calculator at the top of the page. Once you’re happy, you can make an application.

Frequently asked questions

Starting an application with us is simple and will only take you 5 minutes to apply for car finance online. We’ll just need to know a little bit about you, your address and your job. Making an application with us will not affect your credit score, as we only use a soft credit search to give you an initial decision.

APR stands for ‘annual percentage rate’. It is the total cost you pay to borrow the money for the year. The rate of your APR for car finance with us will firstly be decided by your current credit score.

Read our handy guide if you want to learn more about what APR means.

A deposit is the amount of money you pay up front when you start a car finance agreement. Whether you could get no deposit car finance depends on your circumstances. Some of our agreements may require a deposit based on certain individual factors such as affordability and credit score.

The interest you pay on a car finance agreement is calculated as a proportion of the amount you borrow. The higher the interest rate, and the more you borrow, the more you may be charged in interest.

If you’d like to understand our car finance in more depth then we’ve written a guide explaining how Conditional Sale agreements work.

There’s a lot of factors to consider when applying for car finance. The amount of car finance you can get depends on a variety of factors, such as affordability and credit score. Start by using our car finance calculator at the top of the page, or if you’re ready, make an application today.

Getting a car on finance

Car finance can be a great option for many, as it gives you access to a car without having to pay any lump sums up front. Find out how we could help you.

The application process

Wondering if we will lend to you? Find out more about our process and how we choose who to approve for car, van and motorbike finance.

Bad credit? No problem.

Even if you’ve suffered with bad credit in the past, that doesn’t matter to us. We use our own unique criteria to decide whether to lend to you or not.