FNB Car Finance Calculator – Simplifying Your Car Finance Needs

FNB Car Finance Calculator – Simplifying Your Car Finance Needs

Buying a car can be quite exciting. Just thinking about the independence that comes with having your own car or the features that come with your favourite car will often get many people quite excited. Buying a car is also one of the largest purchases you’ll make in your lifetime. So it should also be done with as much information as possible on hand.  

Before making the purchase you need to know exactly how much you’ll be paying every month and this is where using an FNB Car Finance Calculator can come in handy. While banks often try to simplify the process as much as possible, the reality is that the costs can be tricky to understand. The jargon and figures used can be confusing for some people, so the use of a car calculator can be quite useful.

The FNB Car Finance Calculator helps you to calculate the monthly repayments. You also have the option of calculating the cost of typical finance fees and insurance products.

The calculations are based on your income as well as the vehicle price.

It’s important to keep in mind that the calculations are guidelines only.

An FNB Car Finance Calculator will typically include these line items:

  • Purchase Price
  • Deposit
  • Finance Amount
  • Term
  • Interest Rate
  • Balloon %
  • Balloon Amount

Once you’ve calculated the price of the vehicle that suits your pocket, you can apply for finance online and get an online reply within seconds.

FNB Car Finance options available include:

Instalment Sale Agreement– You pay for your vehicle by instalments over an agreed period. A deposit may be requested, but is not legally required. FNB offers a repayment period of between 12 and 72 months.

Lease Agreement– This agreement allows you to rent a vehicle for an agreed term. You will have an option to arrange ownership or to extend the term.

Graduate Vehicle Finance

Young Professional Vehicle Finance

Categories: Vehicle finance