Car finance settlement calculator

Our free car finance settlement calculator can help you estimate your final outstanding payment to clear your outstanding finance.

£
.00
36 months
£
.00
£
.00
6

This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.

Your results

Total payments so far

£0

Outstanding amount (settlement)

£0

Annual percentage rate (APR)

0%

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How to calculate car finance settlement

This amount includes the remaining balance, interest, and any early settlement fees.

Here’s a general formula to calculate the settlement amount manually:

  1. Outstanding balance: Start with the total amount still owed on the loan.
  2. Early repayment interest: This can vary based on the lender but is often a portion of the remaining interest on the loan.
  3. Early settlement fee: Some lenders may charge a fee for early repayment.

The calculation would look like the below:

Settlement Amount = Outstanding Balance + Interest Adjustment + Early Settlement Fee

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