Knowing what you can afford

Based on monthly earnings, use our "Affordability Calculator" to narrow down your options

Your monthly income after tax
Monthly installment you can afford?
All calculations supplied on this site, together with rates quoted, are guidelines only and are subject to confirmation at the time of finalising any transactions.
* Current Prime Rate is 11.75%

Calculate your estimated monthly repayment

Before you buy a new car, it’s a good idea to calculate your monthly repayment (installment)

All calculations supplied on this site, together with rates quoted, are guidelines only and are subject to confirmation at the time of finalising any transactions.
* Current Prime Rate is 11.75%

Use our vehicle finance calculators to find out what you can qualify for and what your monthly installments will be

Balloon Payments Explained

A balloon payment amount is a once-off lump sum payment that you must pay to the bank at the end of the loan term (months)

Financing a car with a Balloon reduces the amount of your monthly repayments, since you are effectively borrowing less money from the bank during the loan term

Credit lenders will consider balloon payments on new cars

At the end of the term you'll owe the balloon payment plus interest

Benefits of balloon payments

  • You may pay lower monthly installments
  • No deposit is required
  • You can sell your car at the end of the loan term and use the money to pay off the lump sum