Calculate Car Finance
Calculate your estimated monthly repayment.
Your Finance Calculation Results
Monthly Repayment
R1 545,43
Excludes Monthly admin fee : R69Total Interest
R36 270,96
Total Repayment
R111 270,96
Total Purchase + InterestCalculate Your Car Finance Instantly
Quick, Accurate & Free – Estimate your monthly car payments in seconds with our easy-to-use finance calculator. No hidden fees, no obligations—just clear numbers to help you budget smarter.
How It Works
1. Enter Your Loan Details - Car price, deposit, interest rate, and repayment period.
2. Get Instant Results - See your estimated monthly payment, total interest, and full repayment cost.
3. Plan with Confidence - Compare options and adjust terms to fit your budget.
Why Use Our Car Finance Calculator?
✔ No Guesswork – Get precise estimates tailored to South Africa’s interest rates.
✔ Flexible Terms – Test different deposits, loan periods, and balloon payments.
✔ Save Money – Avoid overpaying by understanding your total loan cost upfront.
✔ 100% Free – No signup, no spam—just straightforward calculations.
How to Use a Car Finance Calculator: A Step-by-Step Guide for South Africans
This guide explains each field in a car finance calculator, from the purchase price and deposit to the interest rate and balloon payment. Using a practical R250,000 car example, it shows you how to calculate your estimated monthly repayment and total loan cost. You'll learn pro tips for testing different scenarios to find a payment plan that fits your budget, empowering you to negotiate with confidence.
Read Full ArticleDeposit vs. Balloon Payment: Which Strategy Saves You More Money on Your Car Loan?
This article provides a clear comparison between putting down a deposit and opting for a balloon payment on a South African car loan. Using a practical example of a R300,000 car loan, it demonstrates that while a balloon payment lowers your monthly instalment, it significantly increases the total interest you pay. A larger deposit, however, reduces the total loan cost and minimizes financial risk. The guide includes actionable advice on when each strategy might be suitable, empowering you to make the most cost-effective decision for your budget.
Read Full ArticleA Beginner's Guide to Calculating Your Total Car Loan Repayment in South Africa
This guide explains how to calculate the total amount you will pay back on a car loan, which is much more than just the car's price. It breaks down the components: the principal amount, interest, and loan term. Using a clear example of a R250,000 car, it shows how a R30,000 deposit leads to a total repayment of over R300,000 after interest. The article provides actionable tips on how to reduce your total cost, emphasizing the importance of using an online calculator to make informed financial decisions
Read Full ArticleHow to Negotiate a Better Interest Rate on Your Car Finance in South Africa
This guide provides a clear strategy for negotiating a better interest rate on car finance in South Africa. It explains the critical importance of your credit score and how to check it. The article outlines a step-by-step process, from getting pre-approved to the actual negotiation at the dealership, emphasizing the power of being prepared to walk away. It includes a practical example showing how a 1% rate reduction on a R350,000 loan can save over R12,000, empowering you to negotiate from a position of knowledge.
Read Full ArticleThe True Cost of Car Ownership: Calculating More Than Just Your Monthly Repayment
This article reveals that the true cost of owning a car is much more than the monthly loan payment. It breaks down essential ongoing expenses like comprehensive insurance, fuel, maintenance, and tyre replacement, showing how these can add 30-50% to your monthly outlay. Using a practical example of a R300,000 car, it demonstrates that a R5,250 repayment can lead to a real monthly cost of over R9,000. The guide provides actionable advice on creating a comprehensive budget and sinking funds to manage these costs effectively.
Read Full Article5 Insider Tips to Lower Your Monthly Car Repayment in South Africa
South African car owners can significantly reduce monthly repayments through strategic refinancing, trade-downs, or loan restructuring. Most drivers can save 15-40% on monthly payments through better interest rates, insurance optimization, or making additional principal payments. Payment holidays and loan restructures offer temporary relief during financial difficulties. Even small changes like extra R500 monthly payments can reduce loan terms by 12+ months. Smart insurance bundling and shopping can save R300-500 monthly on premiums.
Read Full Article