This page opens the car loan calculator with a realistic balloon setup so you can see repayment size, final balloon due, and total finance cost together.
Direct answer
A car loan with a balloon payment usually lowers regular repayments by leaving a larger lump sum due at the end of the loan term.
Calculator
Car Loan Calculator with Balloon
Your details
—
Used to show the estimated final cost (car price + finance costs).
$0
$45,000
Loan amount = car price - deposit
25% ($11,250)
Due at end of term
Interest is generally charged on the remaining loan balance, including the balloon amount.
Rate source
Interest rate: Used to calculate your repayments. Comparison rate: Includes some fees to show a broader borrowing cost estimate.
6.90%
5 years60 months
Repayment frequency
Fees
Included in totals
$350
Fees are included in totals. Repayments shown include the per-payment fee.
$10
Fees are included in totals. Repayments shown include the per-payment fee.
Toggle to show calculation method.
Your results
Repayment
$741.39
per month (incl. fees)
Standard amortisationFees included
Base $731.39 + Fees $10.00
Upfront establishment fee is included in total cost, not repayments.
Summary
Loan amount
$45,000
Interest rate
6.90%
Term
5 years
60 months
Frequency
Monthly
Balloon
25% ($11,250)
Establishment fee
$350
Monthly fee
$10
Total interest
$10,133
Total fees
$950
Total paid
$56,083
Balloon due
$11,250
Balloon Cost Breakdown
Balloon amount
$11,250.00
Interest paid on balloon
$2,533.30
Total balloon cost
$13,783.30
The balloon accrues interest over the full loan term.
What if I remove the balloon?
New repayment (no balloon)
$898.93 / month
Interest saved
$1,797.26
Repayment increase
$157.55 / month
Removing the balloon increases your repayment by $157.55 per month but saves you $1,797.26 in total interest.
Decision insights
Balloon trade-off
Watch
A 25.0% balloon lowers regular repayments, but leaves $11,250 due at the end of the term.
Compare with personal loan
Info
If this loan is unsecured or has a higher rate, compare it with the Personal Loan Calculator. Personal Loan Calculator.
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Results are estimates only and may differ from lender calculations. This information is general and not financial advice.
Key figures
Repayment per month (example)
$741.39
Balloon due at end
$11,250
Total interest
$10,133
Total paid
$56,083
Assumptions
Loan amount: $45,000 baseline
Interest rate: 6.9% p.a. baseline
Term: 5 years
Balloon: 25%
How to use this page
How balloon mechanics work
A balloon shifts part of principal repayment to the end. This can improve short-term cash flow but creates an end-of-term obligation that must be planned early.
Trade-offs to compare
Compare no-balloon and balloon scenarios with the same rate and term. Check repayment comfort, total interest, and the final amount due rather than looking at monthly repayment alone.
AU lending context
Lender policies, fees, and contract options vary. Use these outputs as estimates only and confirm final terms directly with your lender or broker.
FAQs
A balloon payment is a lump sum due at the end of the term. It leaves part of the principal unpaid during regular instalments.
Related calculators and guides
Continue with closely related tools and scenarios.
Car Loan Calculator
Compare balloon and non-balloon car finance scenarios.
Estimates only. Not financial advice. Lender policy, fees, rate changes, and product structure can vary. Confirm final figures directly with your lender or adviser.
