MFC Finance Calculator – Facilitating Simple Car Finance Solutions
Formerly known as Nedbank Vehicle Finance, MFC, a division of Nedbank, specialises in “making smooth frictionless motor finance happen”. The institution prides itself on offering a single-minded focus on vehicle finance. It also aims to provide this service in a fast, efficient and simple way.
By choosing MFC Finance you can be assured that you will get world-class service from the second biggest vehicle financier in the retail market. With values including integrity, respect, accountability, being people-centred as well as pushing beyond boundaries, MFC is a premier vehicle finance provider.
Tell me more about MFC Vehicle Finance?
When applying for vehicle finance from MFC Vehicle Finance, you will have the benefit of being able to get finance for a maximum period of 72 months.
You will also be able to choose from 3 different finance options, including:
- Instalment Agreement
- Balloon Payment
- Rate Payment
Credit checks will be done, in order to establish your historical payment conduct. In addition you can use the handy MFC Finance Calculator to work out your instalments.
More about the MFC Finance Calculator
Budget Calculator
To use this calculator, enter your monthly income after taxes and subtract your monthly expenses. The remaining balance is an estimate of what you can possibly put toward your monthly motor finance payment. Keep in mind that it’s also important to budget for the cost of comprehensive motor insurance.
Monthly Instalment Calculator
By using this calculator you can work out your monthly instalment based on vehicle price, the deposit you can afford to put down and a preferred repayment period.
Some of the benefits of using vehicle finance calculators:
- You can save time and money, because you get an instant idea of how much you’ll be paying, so you won’t have to make numerous visits to the bank to speak to consultants.
- You can get a great deal
- You know your options upfront
