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You have got your eye on a particular car and you do not know if you can afford it? Does this sound like you? These calculators will help you do all your car calculations and answer all your costs questions related to car finance.
Fill in the input amounts and let this calculator work out your monthly repayment amount.
This calculator your term of contract from certain inputs.
You have paid your car for two years and want to calculate how much you still owe on your car.
You received a bonus or surplus income this month and would like to put this additional money toward your car. Good choice. Watch how much interest you can save on just by paying a lump sum.
If you increase your monthly repayments, this will have a positive effect on your loan period, interest rates and you can pay off your car faster. Input the additional cash amount you will be paying in and watch what a difference it makes long term.
Do you have some extra money left over after you’ve paid all your expenses? Why not save that money for a rainy day? If you save only R50 a month, you could have R3000 or more in only 5 years.
You want that new flat screen TV but it costs R3000 cash and R3500 on credit. Why not save towards buying the TV and avoid the heavy interest rates? This calculator will help you see how much money you need to put away each month and for how long to buy the TV. Cash is King.
Will you have enough money when you stop working and retire? This calculator works out how much money you will have when you retire based on your input figures. The more you put away now for your old age, the more comfortable you should be able to live in retirement.
At some time or later, when you earn or receive income you will need to plan how to use your income wisely. The Budget templates here will help you establish what your income less expenses are and whether you are left in a surplus or a deficit at the end of the month. You can download these templates onto your personal computer and keep record of all your future budgeting requirements.
This excel spreadsheet is broken up into 2 sheets; 1) 12 Months Budget, and 2) Actual vs. Expected expenses. In the 12 Months Budget sheet, first choose the current month (previous months will also be shown) and then fill in your income and expenses for all the months. Excel will automatically do a comparison between your actual and expected/projected expenses. The results will be shown in the actual vs. expected expenses sheet. Please note that this looks at your expenses and income recorded in the previous 12 months. Therefore, it is important that you keep record of your income and expenses. The 12 Months budget template is broken down in various categories, if they do not apply to you, just place a 0 inside the block or leave it blank. If you would like to add or change the wording of a budget item to customise it to your needs, you may do so. However, please do not delete/add any rows or columns in the template. For any queries on the budget template please email us at: CED.Consumer@fsb.co.za
This spreadsheet will allow you to see the long term effects if you miss a payment on a loan, or any debt that you may have. Please fill in your loan details in the “Loan Terms” sheet. When a payment is missed, depending on the loan provider’s terms and conditions, you may either: 1) Increase the term to repay the loan (with the same instalment), and 2) Increase your monthly instalment (with the original loan term). Under both cases you will incur additional interest payment. Also note that if you miss more than one payment, you will also run the risk of being blacklisted, which will prevent you from qualifying for credit in the future.
This template requires no input. It simply shows how your loan gets amortised (i.e. extinguished by your monthly repayments). Most importantly, it shows the interest and capital components on each of your monthly repayments. Interest that you pay per month is based on your current outstanding loan balance. So the higher the amount you make, the more you pay off your capital amount and hence the faster you repay your loan. Even if it’s just R50 more a month, it can make a difference. The Budget Template below; is one Excel spreadsheet with three sheets which refer to the topics about.
