Planning to buy a car? Enter the vehicle price, your deposit, the repayment term, any balloon payment and an interest rate to estimate your monthly instalment and the total cost of vehicle finance.
R
R50 000R2 000 000
R
No deposit0% of price50%
months
%
0%40%
A balloon is a lump sum you pay at the end of the term. It lowers your monthly instalment but increases the total interest.
%
7%25%
R
Estimated monthly repayment
R7 119.18
for 72 months at 13% a year
- Amount financed–
- Total interest–
- Service fees–
- Balloon due at end–
- Total cost of credit–
This calculator gives an estimate only and is not a finance offer or quote. Mashonisa is a comparison service and not a credit provider. Your actual interest rate, fees, deposit and balloon options depend on the finance provider, your credit profile and the vehicle. Fee estimates use the National Credit Act maximums for instalment agreements: a once-off initiation fee of R1 050 plus VAT (R1 207.50), added to the amount financed, and a monthly service fee of R60 plus VAT (R69). The estimate excludes vehicle insurance, credit life cover, licensing and dealer fees. All finance is subject to approval, affordability checks and the provider's final terms.