Carmoola

Cruise through car finance A game changing way to pay for your next car in minutes! HOW IT WORKS Out with the old. Drive in with the new. There’s no waiting around for a car finance decision or painful paperwork. And best of all, no broker commissions. Pay swiftly online or at the car showroom. Take control, and experience car finance freedom with Carmoola. Get a budget in 60 seconds In a few questions, find out how much you can borrow for your next car Buy your car from anywhere Pay swiftly online or at the showroom with your Carmoola card Hit the road and pay monthly It's time to plan your next adventure in your shiny new ride Free to do whatever, whenever, wherever. Car finance processes are clunky, lengthy and intimidating, leaving many people feeling frustrated and trapped. Carmoola isn’t an evolution of what already exists. We are entirely reinventing how people pay for cars. We’re getting rid of the past and starting with a clean slate, freeing c...

UK car finance loan calculator Before you take out a car loan, it’s important to check out how much your car loan payments might be, so you can get an idea on your budget. But how to calculate car loan payments? Well, we know a lot about car finance, but we think the formula is pretty complicated. So we thought we’d build you an auto loan calculator, so you can see exactly how much you might be spending each month if you take a car loan. This calculator is perfect for HP or Hire Purchase agreements. How to calculate car finance repayments Depending on how much you want to borrow, it will be difficult to know how much your car finance payments will be, so that’s definitely a good first step! Although, without knowing how to calculate car loan interest, you may also find it tricky. Usually on car finance agreements, interest is calculated on a flat annual rate, but your interest rate will depend on your circumstances and affordability. Your monthly payments will also depend on whet...