Using the FNB Car Repayment Calculator

Using the FNB Car Repayment Calculator

When you are looking to buy a car, one of the most important things to consider is whether or not you can comfortably afford. There are often additional fees that you need to consider, but finance fees and insurance, which is why you need to know upfront but you will need to pay.

One way of doing this is by using an FNB car repayment calculator. This will calculate everything, including the purchase price, deposit, the finance amount, interest rates and balloon payment, and work out an exact monthly instalment that you can expect to pay. This is very helpful when you apply as they will be no hidden fees or surprises for you to deal with.

Using the calculator online is very easy and all you need to do is fill in all the details of the purchase that you are planning to make. Once the form has been folding, it will calculate the numbers for you and you will provide it with all the details that include your basic repayment, the admin fee, it the insurance you have chosen, and any interest. You will be able to see the total monthly repayment.

Using this calculator will help you to plan in advance for your monthly payment so that there is no surprises waiting for you. You can even add insurance to your purchase and make sure that your purchase is insured and that you can afford it every month. Additional useful information also be displayed to you to help you understand everything involved in buying a car.

If you are not sure how to use our online calculator or would like to have more information you can contact FNB directly and speak to a consultant who can take you through all the steps and explain exactly what will be required from you.

Categories: Loans