Car loan calculator
The calculation results are for informational purposes. If you need more precise data, please contact us.
Frequently asked questions
What is a car loan?
A car loan is a type of loan intended for the purchase of a new or used car. You can get funds to buy a vehicle that will be paid back through monthly installments.
How does the car loan calculator work?
The car loan calculator allows you to calculate the monthly installment for a car loan. You need to enter the loan amount, the repayment period and the interest rate, and the calculator will show you the monthly installment, the total amount of interest and the total repayment.
What are the benefits of using a car loan calculator?
Using the car loan calculator, you can quickly and easily:
Calculate monthly installments
Plan your budget
Compare different loan options
Find out how much the loan will cost you in total
What is the amount I can get through a car loan?
The car loan amount depends on your credit history and the bank's policies. Enter your desired amount into the calculator to see what your monthly installment would be.
What are the conditions for obtaining a car loan?
Conditions for obtaining a car loan can vary, but usually include a stable source of income, good credit history and a certain percentage of down payment. For more details, contact our advisor Danijela Đukić via the following phone number 066 686 89 86 or via email danijela@kredium.rs.
How long does the car loan approval process take?
The car loan approval process can take from a few hours to a few days, depending on the bank and your documentation. You can contact us for more information.
Can I refinance my existing car loan?
Yes, many banks offer the option of refinancing an existing car loan. This can help you lower your monthly payments or shorten your repayment period. Use our calculator to see how much you would save.
Is insurance required for a car loan?
Most banks require vehicle insurancein order to approve a car loan. This insurance protects both you and the bank in case of vehicle damage or theft.
How can I apply for a car loan?
Fill out the form with your name, surname, email address and phone number, and our advisor will contact you to help you find the best option.
What is the difference between a car loan and a lease?
A car loan allows you to become the owner of the vehicle immediately after purchase, while with leasing, the vehicle remains the property of the leasing company until the entire amount is paid off. A car loan is often more favorable if you plan to keep the vehicle long term.