Car finance calculator
Work out the monthly repayment on a car, with your deposit, a balloon payment and the usual bank fees. Add your take-home pay to see whether it fits your budget.
Amount borrowedInterestFees
| Amount borrowed | R0 |
|---|---|
| Total interest | R0 |
| Fees over the loan | R0 |
| Balloon due in the last month | R0 |
| Total you'll pay (incl. deposit) | R0 |
Before you sign
- Banks must check that you can afford the repayment under the National Credit Act, so have your latest payslips and bank statements ready.
- Comprehensive insurance is required on a financed car. Get a quote before you choose the car.
- A balloon payment lowers the monthly amount, but you still owe that lump sum at the end.