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Car Finance Calculator

Calculate monthly payments for HP and PCP car finance deals.

Details

Results

Monthly Payment

£478.00

£110.31/week

Amount Financed

£20,000

Total Interest

£2,944

Total Payable

£27,944

Understanding Car Finance in the UK

Car finance is the most common way to buy a car in the UK, with over 80% of new cars purchased on finance. Understanding the total cost including interest is essential to making a good financial decision.

Related Tools and Resources

Running a car involves many costs beyond the purchase price. You may also find our Fuel Cost Calculator useful for related calculations.

For a broader view of your finances, try the Car Tax Calculator or the Percentage Calculator. All of our calculators are free to use and updated for the 2026/27 tax year where applicable.

Frequently Asked Questions

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