Car Loan Repayment Calculator South Africa | Vehicle Finance
Calculate monthly car loan repayments for new and used vehicle financing from any South African bank or dealer.
Loan Input Parameters
R
%
R
Loan Calculation Results
Loan Summary
Monthly Payment
R 9 816,43
Principal + Interest
Total Repayment
R 2 355 944,13
Over 240 months
Total Interest
R 1 355 944,13
135.6% of loan amount
Loan Amount:R 1 000 000,00
Deposit:R 0,00
Amount Financed:R 1 000 000,00
Effective Annual Rate:10.25%
Adjust any value to unlock advanced payment analysis options
Important Note About Interest Rates
Our calculations assume the interest rate remains constant throughout the loan term. For variable rate loans (like most bonds), your actual monthly payments may change if interest rates rise or fall during your loan period.
Car Loan Repayment | Vehicle Finance Information
Vehicle finance rates vary based on the car's age and your credit profile. New cars typically qualify for better interest rates than used vehicles.
Typical Ranges
Typical car loan amounts range from R100,000 to R1,500,000 with interest rates between 10% and 18%.
What You Can Calculate:
- New car loan calculations
- Used vehicle financing
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