🧮 Brazil Auto Loan Calculator - Calculate Your Monthly Installments

Use our comprehensive Brazil Auto Loan Calculator to estimate your monthly car loan payments, calculate CET (Total Effective Cost), determine the ideal down payment, and compare different financing options available in Brazil for 2025.

Range: R$ 15,000 - R$ 300,000 R$ 60,000
Percentage: 20% of vehicle value
Current rates: 1.2% p.m. - 2.5% p.m. (varies by bank) 1.5% p.m.
Includes appraisal, registration, documentation fees

🎯 Your Brazil Auto Loan Results

🔥 Why Use Our Brazil Auto Loan Calculator?

Our Brazil Auto Loan Calculator considers all important aspects of car financing in Brazil: vehicle value, down payment, interest rate, loan term, insurance, and administrative fees. Get a realistic view of your financial commitment and compare different scenarios before making a decision!

📊 Brazil Car Loan Rates (October 2025)

Financial Institution Monthly Rate Annual Rate Estimated CET
Banco do Brasil 1.20% - 1.50% 15.39% - 19.56% 16.5% - 21.0%
Caixa Econômica 1.25% - 1.60% 16.08% - 20.98% 17.2% - 22.5%
Santander 1.30% - 1.70% 16.78% - 22.42% 18.0% - 24.0%
Itaú 1.35% - 1.75% 17.49% - 23.14% 18.8% - 25.0%
Bradesco 1.40% - 1.80% 18.20% - 23.87% 19.5% - 26.0%

Rates for individuals, new vehicles, minimum 20% down payment. CET includes all charges. Conditions vary according to credit analysis.

🏦 Types of Car Financing in Brazil

Price Table System

Fixed monthly installments throughout the loan term. Most common in Brazil. Higher interest portion at the beginning, principal increases over time.

SAC System

Decreasing monthly installments. Constant principal reduction. Total interest lower than Price Table. Ideal for those wanting to pay less interest overall.

Consortium

No interest, but has administration fees. You pay monthly and wait for your turn (lottery or bid). Excellent for long-term planning.

Leasing

Rent with purchase option. Good for companies. May have tax benefits. At contract end, you decide whether to buy or return the vehicle.

🏛️ Main Banks for Car Loans in Brazil 2025

Banco do Brasil

Rates from 1.2% p.m. for existing clients. Up to 100% FIPE value financing for some models. Special conditions for public servants.

Caixa Econômica

Special programs for first-time buyers. Competitive rates for public servants. Terms up to 72 months available.

Santander

Financing with insurance guarantee. Reduced rates for vehicles up to 2 years old. 100% digital process for existing clients.

Automaker Financing

Honda, Volkswagen, Fiat and other manufacturers offer their own financing. Special conditions during promotions and promotional rates.

💡 Important Tips for Your Brazil Auto Loan: ALWAYS calculate the CET (Total Effective Cost) before signing. Negotiate administrative fees - many are excessive. Make the largest down payment possible to reduce interest. Compare at least 3 different proposals.

🔧 Calculator Features

  • ✅ Accurate calculation for Price Table and SAC systems
  • ✅ Includes mandatory insurance costs
  • ✅ CET (Total Effective Cost) calculation
  • ✅ Comparison between fixed amount or percentage down payment
  • ✅ Updated October 2025 rates
  • ✅ Consortium and leasing simulations
  • ✅ Residual value calculation for leasing
  • ✅ Payment capacity analysis

❓ Frequently Asked Questions About Brazil Auto Loans

What is the average car loan interest rate in Brazil?
In October 2025, rates range from 1.2% to 2.0% per month, depending on the bank, your credit score, down payment amount, and vehicle type. The CET (Total Effective Cost) typically ranges between 16% and 26% per year.
What's the difference between Price Table and SAC?
Price Table has fixed monthly installments throughout the loan. SAC (Constant Amortization System) has decreasing installments over time. SAC has lower total interest, but the first installments are higher.
What is CET and why is it important?
CET is the Total Effective Cost - it includes ALL financing costs: interest, fees, insurance, IOF (tax), etc. It's the most important number to compare proposals. By law, Brazilian banks must disclose the CET before contract signing.
Is consortium better than traditional financing?
Depends on your profile. Consortium has no interest, but you need to wait to be selected (lottery or bid). Traditional financing is immediate but has interest. Consortium is better for those who can plan ahead.
Can I finance 100% of the car's value?
Some banks finance up to 100% of the FIPE value (official price table), but usually require at least 20% down payment. 100% financing typically has higher rates. We recommend at least 30% down payment for better conditions.
What happens if I miss payments?
Late payments incur 2% penalty + default interest. Your name can be registered with credit protection agencies (SPC, Serasa). In case of prolonged default, the bank may repossess the vehicle.

📈 Smart Financing Tips for Brazil

  • ✅ Compare the CET: Don't just look at the monthly interest rate. The CET shows the real cost
  • ✅ Negotiate fees: Registration, appraisal, and administrative fees are negotiable
  • ✅ Make larger down payment: Each additional 10% down payment can reduce your rate by 0.2% p.m.
  • ✅ Check your credit score: Serasa/SPC score above 700 guarantees the best rates
  • ✅ Be careful with term length: Long terms (72 months) pay MUCH more interest
  • ✅ Read the contract: Check penalties, grace periods, and early payment conditions