Easily find how much you could borrow and what your loan repayments will be.
Give our vehicle finance calculator a try! It’ll help you see how much you can borrow, your estimated loan repayments and how long before your loan’s all gone. This way, you can make smart decisions about your finances.
This vehicle finance calculator is provided for illustrative purposes only and does not constitute a quote or an offer of finance from Auto Finance Direct. Any calculations made by this calculator are intended to be used as a guide only, and the results are based on the accuracy of the limited information provided. Any application is subject to Auto Finance Direct’s credit approval process and lending criteria. Additional fees and charges may apply. Please read our full Application Terms.
We’ve been part of the New Zealand car finance scene for more than 15 years. Our impeccable track record means you can trust us to help you with financing your next vehicle, ensuring you can afford the repayments and getting on the road in your new wheels as fast as possible.
Our streamlined online or over-the-phone application process ensures you move towards owning your next vehicle quickly and easily.
We take time to understand your wants and needs. With us, you’ll have caring finance experts providing support every step of the way.
Our NZ-based team understands the needs of vehicle buyers. As locals, we’re committed to helping you get the car, ute or 4x4 you need.
Trust us to provide swift and precise handling of your application. Our robust due checking systems ensure we’ll get back to you within 48 hours.
We make it simple for you to apply for your loan – just three easy steps!
We’ll help you to structure your loan repayments to suit your budget.
You can trust us to stay in touch until you drive away in the vehicle you want.
Read more details in our Resources
Complete your application online in less than five minutes, or give us a call and we’ll talk you through it.
Once you’ve submitted your application, you can set back and relax. We’ll complete the necessary checks and be in touch if we need more information.
We’ll let you know within 48 hours if your loan has been approved. If the answer is ‘yes’, we’ll transfer funds so that you can pay for your vehicle and drive away.
If there’s something specific you want to know about loan affordability, repayments and loan term, please check out the questions below. If your question isn’t here, don’t hesitate to use our live chat feature or call our team on 0800 751 851 for an answer.
It’s easy to calculate your monthly loan payments using our calculator. Simple enter the loan amount, interest rate and repayment term. For example, a $5,000 loan at 13.50% interest over two years results in a $238.89 monthly payment. A $10,000 loan at the same rate over five years costs $230.10 monthly. The interest rate you’ll pay is determined by loan term and credit history. Generally, longer terms mean higher interest.
Yes, you can pay your loan off early. It’s a way to reduce the total interest paid over the loan term and can help you become debt-free sooner. Early repayment generally saves money and improves your financial flexibility. However, an early settlement fee may apply. It’s best to contact us on 0800 751 851 for an early settlement quote before you pay off your loan.
Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual Interest Rate by 365. Interest is charged to Your Loan account at the end of each month, in accordance with the Loan Terms. Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest is charged to your account every end of month. For more information, please don’t hesitate contact us on 0800 751 851.
A finance charge is not the same as interest, although interest is a part of it. A finance charge includes all costs of borrowing, such as interest, service fees and any other charges related to the loan. For example, if you have a car loan the finance charge covers the interest and any additional fees the lender applies. Essentially, interest is just one component of the overall finance charge.
The finance charge on a loan payment encompasses all costs associated with borrowing money. It includes the interest applied to the principal amount borrowed, plus any other AFD fees or charges. For example, if you take out a car loan the finance charge comprises the interest calculated on the loan balance plus administrative fees. Understanding the finance charge will help you to grasp the total cost of borrowing. For more information please see interest rates and fees.
