Bidvest Bank
Toll number: 0860 111 177
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REPAYMENT CALCULATION

Calculate your monthly repayment amount
Repayment calculation
Purchase price of vehicle
(incl. VAT)
Payment Period (in months)
Interest Rate
(Current Prime interest rate: 9.00%)
* Balloon payment %
i
(Click here for the recommended Maximum Balloon payment schedule)
Calculate
Balloon payment due at end
of contract
Payment mode
(Arrear = Payable at end of month;
Advance = Payment due on first day on contract)
Monthly Repayment
incl. VAT
  • Please note that the above serves merely as a guide and does not constitute a quotation.
  • * A Balloon payment is a lump sum payment due at the end of the contract term. A balloon payment is applied to a loan contract and reduces the monthly repayments. The Balloon payment amount, if any, is chosen by the customer but may be reduced by the Bank.
  • ** List price is the published price of the vehicle prior to deducting any discounts.
Maximum Balloon Payments
Months
 
% of vehicle list price
12
45%
24
40%
36
35%
48
30%
60
25%
72
15%
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Bidvest Bank Limited is a licensed financial services provider and a registered credit provider, NCRCP17. The only valid Bidvest Bank websites are www.bidvestbank.com and www.bidvestbank.co.za. Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank - these sites are fraudulent. Please report any such site to fraudsquad@bidvestbank.co.za.