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Calculates term of contract from certain inputs
Purchase Price
R
Monthly Repayment Including Fee
R
Deposit
R
Trade-In
R
Term
In Months
Balloon/Residual
%
Interest Rate
%
Monthly Bank Fees
R
Normally R57
Once-Off Initiation
R
Normally R1140
Results
Purchase Price
Actual Loan Amount
Monthly Repayment Excluding Fee (Rand)
Monthly Repayment Including Fee (Rand)
Total Paid over Term
Total Interest Paid over Term
Total Capital Paid over Term
Total Fees Paid over Term
Balloon/Residual at End of Term