Repayment And Insurance Calculator

What is the total purchase price?
How much deposit are you paying?
How many months to repay the loan?
What interest rate will you be paying?
What balloon % would you like, if any?
Your balloon payment will be:
Include WesBank's monthly admin fee?
Finance WesBank's initiation fee?
Product Select Cost More info
Warranty - Standard 24 month
Warranty - Prestige 24 month
Warranty - Prestige Plus 24 month
SMART
Coverplus
Return To Invoice
Deposit Protector
Courtesy Car
Product Select Cost More info
Customer Protection Plan
Retrenchment Cover
Finance amount
Basic monthly repayment
+ Insurance repayment
= Total monthly repayment
Total paid

Once you've calculated the payment that suits your pocket, you can apply for finance online and get an online reply within seconds.

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Disclaimer

All calculations made on calculators supplied on this site, together with rates quoted, are guidelines only and are subject to confirmation at the time of finalising any transactions. All information regarding the products, fees and/or costs which are included in and form a fundamental basis of the calculations are subject to change at any time prior to a final pre-agreement quote being handed to the User.

The User indemnifies WesBank against any loss or liability, which the User may suffer as a result of the use of any calculator. The site and all information provided on this site and the services provided on this site, are provided "as is". The information provided on this site should not be treated as professional advice of any kind.

Purchase Price

The purchase price refers to the total purchase price of the vehicle, including VAT and optional extras.

Purchase Price Including Balloon

The purchase price including VAT and optional extras, and also a balloon payment payable at the end of the agreement.

Deposit

A deposit is an amount paid by the borrower, to reduce the finance or loan amount required. A deposit is not always required when financing a motor vehicle.

Term

The term refers to the number of months over which the loan will be repaid. The maximum repayment period is 72 months.

Interest Rate

The percentage annual interest rate applicable to the transaction. The rate can be fixed or linked to the prime interest rate.

Balloon Payment

A balloon payment is an inflated payment at the end of a contract. The customer is solely responsible for the balloon payment and at the end of the agreement has certain options that include: settle the account in cash, dispose of the vehicle and settle the account, or re-finance the payment at the banks discretion.

Balloon Payment

The balloon percentage is the balloon lump sum payment expressed as a percentage of the finance amount.

Finance Amount

The finance amount is the amount that will be financed by the bank and is the amount used to calculate the basic monthly instalment.

Admin Fee

The monthly admin fee is a monthly bank fee that is charged for the administration of an account in terms of the National Credit Act.

Initiation Fee

The initiation fee is a compulsory once-off bank fee that is charged when opening a new account in terms of the National Credit Act. The initiation fee can be financed as part of the loan (this is generally the case), or paid separately.

Insurance repayment

The insurance repayment refers to the total amount paid to the bank every month for insurance products.

Basic monthly repayment

The basic monthly repayment refers to the amount which is paid to the bank every month, including the admin and initiation fees if selected, excluding any selected insurance products.

Total monthly repayment

The total monthly repayment refers to the amount which is paid to the bank every month, including the admin and initiation fees if selected, as well as any selected insurance products.

Total paid

The total paid refers to the total amount (including interest and capital) that will be paid on the agreement if it runs for the full term.

Payment Frequency

The repayment frequency refers to the number of payments that will be made in a year.

Number Of Payments

The total payments refers to the total number of payments that will be made over the life of the contract.

Customer Protection Plan

Credit Life covers you and your family in the event of your death, permanent disability, temporary disability, retrenchment, or diagnosis of a dread disease.

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SMART

SMART covers the repair of minor dents, chips and scratches on your vehicle, helping you keep your pride and joy in showroom condition.

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Warranty

The 3 comprehensive mechanical breakdown warranty options cover the parts and related costs of a mechanical breakdown.

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Coverplus

If your vehicle is written-off or stolen, CoverPlus pays out the difference if your insurance cover is not enough to cover what you owe the bank.

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Return To Invoice

If your vehicle is stolen or written-off, the Return To Invoice policy kicks in and covers the difference between the original purchase price paid and the insured value of the vehicle.

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Deposit Protector

The Deposit Protector Policy protects the value of the deposit you paid, in the event of total loss.

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Retrenchment Cover

Retrenchment insurance will minimise loss to you and your financial institution if you are involuntarily retrenched on up to two occasions.

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Courtesy Car

The CourtesyCar policy provides you with a courtesy car if your vehicle is being serviced or is in for mechanical repairs, or if it was written-off, stolen or involved in an accident.

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