Car Affordability Calculator

Income Questions

Monthly Income after Tax *

*Your net monthly income is your total income after tax and deductions.

Current Monthly Car Payments?

*Current monthly payments to the bank for your current car.

Monthly Expenses for Other Credit?

*Debt repayments that you must make each month such as bond repayments, store cards, credit cards, personal loans, etc.

Credit Payment History

*Your payment history for existing debt is a major factor in whether you will get vehicle finance in the future.

Monthly Budget

A good rule of thumb is that car payments should ideally not exceed 20% of your net income.

Max Affordability

R 0 - R 0

Estimated Monthly Payment

R 0 - R 0 pm

Search cars in this price range

Estimated Credit Rating

Rebuilding

Rebuilding

Subpar

Acceptable

Good

Excellent

Tip

Improving your credit rating will always get you a better finance deal. Better interest rates, better residual offers etc...

Estimated Finance Terms

Payment Term

72 Months

Interest Rate

18.50%

Max Residual

0.00%

Deposit

20.00%

Disclaimer: The Cars.co.za Affordability Calculator uses guidelines which are based on average customer lending criteria. It does not constitute Financial Advice. It does not include a full credit check or full affordability assessment which the bank will do when you make your vehicle finance application. It does not represent a financing offer or guarantee of credit. It does not include additional charges which may be levied by the Dealer or Lending provider such as, for example, On-the-Road Fees, Initiation Fees and Monthly Administration fees.