Car Loan Calculator

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£
£
£
%
months

Enter the cash price, deposit, final balloon payment (GMFV) and APR. Most UK car finance is PCP — the monthly payment is lower because the balloon is deferred to the end.

=Monthly payment/ month
487.67£
Amount financed22,500 £
Balloon to own (GMFV)10,500 £
Total interest5,556 £
Total payable30,556 £

PCP monthly payments cover depreciation plus interest; to keep the car you pay the final balloon (GMFV). Excess-mileage and condition charges may apply if you hand it back.

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