Sizu Home › Calculators › Car Finance
Enter the price, deposit, rate, term and balloon, then press Calculate.
From the book — Chapter 7. Finance only charges interest on what you borrow: price − deposit. PCP keeps the monthly low by parking a big balloon at the end — pay it to own the car, or hand the car back. The honest comparison is the total cost of credit — everything you pay to own it, minus the cash price. A small monthly with a large balloon can cost more, not less.
A simplified picture — real deals add fees and option-to-purchase charges. Educational only, not financial advice. Everything stays in your browser.