The Mazda CX-5 is a popular SUV in Australia, known for its reliability and stylish design. If you're considering purchasing a Mazda CX-5 and looking to take out a car loan, it's important to understand the factors involved in calculating repayments and what your ongoing repayment will be. In this article, we'll discuss the key factors and tools you need to make informed decisions about financing a Mazda CX-5.

Factors to Consider When Calculating Repayments and Car Finance

There are several factors to consider when calculating repayments on your new CX-5. The first factor is the purchase price of the vehicle. This includes the base price of the car, as well as any additional costs such as dealer delivery fees, registration fees, and insurance.

The second factor to consider is any deposit amount you have or trade in value. This can be particularly beneficial if you are considering a balloon as part of your finance agreement, as the balloon amount can be factored in based on the purchase price of the vehicle, while any trade in or deposit you have, will ultimately lead to a lower loan amount required to be borrowed. It can also mean you have lower repayments than if someone didn’t have anything to contribute towards the new purchase.

The third factor to consider is the interest rate on the car loan. This rate will depend on several factors, including the borrower's credit score, the length of the loan, and other factors. Some loans have fees attached to them too, it’s important to compare loans that have lower rates with monthly fees and higher rate loans that may or may not have fees to ensure you are getting the best deal for you.

Tools for Calculating Repayments and Car Finance

There are several online tools available to help you calculate repayments and car finance on your CX-5. Loan calculators are one such tool, which take into account the purchase price, deposit/trade in value, and interest rate to estimate monthly payments and the total cost of the loan. It’s also important to remember when buying a vehicle that while finance is one portion of the equation, the purchase price of the vehicle is also important. In some cases you may see a car run on a promotion of 0% or 1% finance rates. While this seems like a great rate, it often forgoes any negotiating room on the vehicle, so you end up paying the difference through the life of the loan in increased principal.

Example Calculation for a Mazda CX-5 Maxx

Let's take a look at an example calculation for a Mazda CX-5 Maxx. Suppose you're considering purchasing a Maxx for $40,000. You have a trade in vehicle of $5,000, leaving your loan amount borrowed at $35,000 and your credit score and personal situation qualifies you for an indicative interest rate of 6.39%. You decide to finance the vehicle over a 60-month term.

Using an online loan calculator, you can estimate that your monthly payments would be around $683, with a total cost of the loan coming in at around $40,981. This includes the principal amount of the loan, interest paid over the term of the loan, however any fees or charges associated with the loan would still have to be added.


When financing a Mazda CX-5, it's important to make informed decisions about the purchase price, deposit, and interest rate on the loan. Tools such as loan calculators and comparison tools can help you estimate monthly payments and the total cost of the loan, while also allowing you to shop around for the best deal. By taking the time to understand these factors and using the right tools, you can make a well-informed decision about financing a Mazda CX-5.

Other Options

Love Mazda but not sure if the CX-5 is for you? Check out the CX-8 or if you are looking for a different brand of SUV, the Toyota RAV4