The Finance Algorithm
§ Tool · tier 1 · independent

Car Loan Comparison Calculator.

Compare up to 3 car loan offers side by side to find the best deal

CalculatorFree, no signupOn-deviceupd May 2026
Inputs
Your numbers
$
$30k

Amount you need to borrow

%
7.5%

First loan offer rate

5
$
$200

Establishment and ongoing fees

%
8%

Second loan offer rate

5
$
$0
%
0%

Third loan offer rate (optional)

0
$
$0

Math updates live as you change inputs · AI runs on submit

Awaiting inputs

Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.

Got multiple car loan quotes? Compare them side by side to see which really offers the best value. We'll calculate total costs including fees and interest.

§ Worked examples

Real-world scenarios

Bank vs Credit Union

Compare $25,000 loan: Bank at 8.5% with $300 fees vs Credit Union at 7.9% with $150 fees, both 5 years.

Inputs

amount:25,000rate1:8.5rate2:7.9fees1:300fees2:150

Credit union saves $580 in total. The lower rate AND lower fees make it a clear winner.

§ FAQ

Questions Australians ask

§ Glossary

Plain-English definitions

Comparison Rate
A rate that combines the interest rate and most fees into a single percentage for easier comparison.
Establishment Fee
One-time fee charged when the loan is set up, typically $0-$400.
Early Exit Fee
Penalty for paying off your loan before the term ends - important if you might sell the car.