Car Loan Calculator — Monthly payment & total interest
Punch in the car price, your deposit, term and APR. We'll show your monthly payment, the total interest you'll pay and the real total cost of the loan — then you can add fuel, insurance and depreciation to see what the car actually costs.
Loan calculator
A monthly payment is not the cost of the car
Dealers love to talk in monthly payments because they hide three things: the APR, the term length and the total interest. A €299/month payment looks fine until you realise it's a 7‑year loan at 9% APR — meaning you'll pay €5,000+ in interest on top of the car. Always compare loans by total cost, not by monthly payment alone.
The full monthly cost of a car
A car loan is only one slice of monthly cost. For an honest number you need:
- • Loan payment — principal + interest
- • Insurance — TPL minimum, full cover for newer/financed cars
- • Fuel or electricity — real-world, not WLTP
- • Depreciation — usually the single biggest cost
- • Maintenance & tyres — service intervals, winter tyres
- • Road tax — varies wildly by country and CO₂
The loan calculator above gives you the financing side. To see the real monthly cost — including insurance, fuel, depreciation and maintenance for your country — run a full cost-of-ownership report.
Calculate true cost of any car →How to use this car loan calculator
- 1. Enter the car price — the on-the-road price you'd actually pay.
- 2. Set your deposit — even 10–20% slashes interest dramatically.
- 3. Pick the loan term — shorter terms cost more per month but far less in total.
- 4. Use the real APR — the headline rate the lender quoted, not the monthly fee.
Frequently asked questions
Is a 7-year car loan a bad idea?
Usually, yes. You'll be underwater (owe more than the car is worth) for most of the term, and total interest can add 15–25% to the car's price. 3–5 years is the sweet spot for most buyers.
Does APR include fees?
In the EU, APR is supposed to include mandatory fees, but optional add‑ons (GAP insurance, payment protection) often aren't included. Always ask for the total amount repayable in writing.
Cash, loan or PCP?
Cash avoids interest but ties up capital. A traditional loan builds equity. PCP keeps monthly payments low but you don't own the car at the end. Revlo's full report shows 5-year cost under each scenario.