Calculator 03
Vehicle finance calculator
See your monthly instalment on a car loan, with the option to set a balloon (residual) payment due at the end of the term.
R
R
Defaults to 10% of the vehicle price until you set your own amount or percentage.
% / year
years
% of price
Results
Monthly instalment
R 6 438
- Deposit
- R 38 000
- Amount financed
- R 342 000
- Balloon due at end
- R 57 000
- Total interest paid
- R 178 526
Principal financed · 66%Interest over the term · 34%
Full repayment schedule
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | R 44 173 | R 33 082 | R 308 918 |
| 2 | R 39 420 | R 37 835 | R 271 084 |
| 3 | R 33 984 | R 43 270 | R 227 813 |
| 4 | R 27 767 | R 49 487 | R 178 326 |
| 5 | R 20 657 | R 56 597 | R 121 729 |
| 6 | R 12 525 | R 64 729 | R 57 000 |
A balloon payment lowers your monthly instalment but leaves a lump sum owing at the end of the term — you'll need to settle, refinance, or trade in against it.
Currency conversions use approximate indicative rates (live rates unavailable right now).