Monthly payment calculator

Car finance calculator

Explore how the car price, deposit and repayment term affect a monthly illustration. Use the result to plan questions—not as confirmation that you qualify for a loan or can afford the repayment.

No credit search · No contact details needed

Car finance calculator

Choose a listed used car, then compare the deposit, monthly payment and total cost. These are hire-purchase illustrations, not personal loan or PCP quotes.

Illustrative HP payments8.9% representative APR
60 monthly payments of£140.50/month
Total cash price including £499 admin fee
£7,089.32
Vehicle price before admin fee
£6,590.32
Deposit
£250.00
Amount of credit
£6,839.32
Term
60 months
Representative APR
8.9%
Rate of interest
8.56% p.a. fixed (illustrative)
Total charge for credit
£1,590.98
Total payable, including deposit
£8,680.30
Admin fee already included in cash price
£499.00
Additional finance fees assumed
£0

Illustration only, not a quote or approval. The total cash price includes the £499 administration fee once. The calculation assumes the total less your deposit is financed, with equal monthly payments, no balloon payment and no additional finance fees. Whether the fee can be financed requires provider confirmation. Actual payments, rate, deposit, fees and available terms depend on the vehicle, status, affordability and lender criteria. Availability requires confirmation. Rounded payments may produce a small difference in the final total. How we calculate payments.

View this car and its photos →
Ask about finance for 2016 KIA Ceed

Your selected car is carried into the enquiry. This does not reserve a vehicle or apply for credit.

About 60 seconds

Discuss this car and my budget

Share the essentials. Extra finance details are optional and can help us prepare.

1Your contact and buying intentRequired

Found a car elsewhere? Select the other-dealership option and have the advert link and dealer details ready for your callback.

Add finance details for a faster call Optional

These answers help the team discuss realistic options. You can also provide them by phone.

HQ Sourcing Ltd T/A Nationwide Motor Finance is authorised and regulated by the Financial Conduct Authority, FRN 1054103. We act as a credit broker, not a lender. Finance is subject to status and affordability.

We may receive commission from a finance provider following an introduction. The nature and basis will be explained before an agreement, and the amount is available on request.

No credit check at this stage · No obligation · Finance is subject to status and affordability

Nationwide Motor Finance · HQ Sourcing LtdPage updated How we prepare our information
01

HP car finance calculator for listed used cars

Select the car, deposit and term you want to compare. The calculator shows an estimated repayment and total cost using its stated assumptions, without checking your credit history. It does not tell you how much a lender will let you borrow, compare lender rates or decide what you can afford.

For a useful comparison, change one input at a time and note the total payable as well as the monthly amount. Read how hire purchase works if you want to understand the type of illustration, then use the written quote checklist when a provider supplies actual terms.

02

Compare the payment and the total

Enter the cash price, choose a deposit and select a term. Review the amount borrowed, monthly estimate, total charge for credit and total payable together. Reducing the monthly figure by extending the term may increase the overall cost.

The website currently uses 8.9% representative APR for its illustrations. Actual rates and terms may differ. The available term, deposit and vehicle eligibility depend on the lender and applicant.

Read the calculation assumptions · Browse cars by monthly payment

03

Leave room for running costs

Insurance, fuel or charging, servicing and unexpected repairs are separate considerations. Use the affordability checklist to look beyond a single monthly payment.

Current vehicle examples

Start with a car you can see.

These monthly figures are illustrations, not quotes. Open a vehicle to see its full gallery and details.

View all current cars and monthly illustrations →

Helpful answers

Car finance calculator: common questions

Is this a lender quote?

No. It is a mathematical illustration. It is not an offer, approval or affordability assessment.

Why could a quotation be different?

The lender may offer a different rate, term, deposit or fee structure after assessing the applicant and car.

Is the default deposit compulsory?

No. The website comparison assumption is not a promise about a lender's required deposit.

Does this calculator tell me how much I can borrow?

No. It calculates an illustration from the selected car price, deposit, term and stated rate. A lender determines any borrowing offer after its own checks. The calculator is not a personal loan offer or an affordability assessment.

Ready when you are

Ask about a real car and a realistic monthly budget.

Choose a short callback enquiry or the full online application. Both reach our credit-broker team; neither form searches your credit file or gives a lender decision.

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