McGuywer
Executive Member
Hi Guys,
Does anyone know of a calculator that works out how much interest would you save when you add a lump sump in your vehicle repayments.
My car is financed over 72 months and purchase price was R165000.
I now have 60 months left on my loan with an outstanding amount of about R151000.
I will make a R5500 additional payment on the loan, how can I see what the difference would be?
All the calculators that I have seen are just basic with no option or field where you can additional payments.
Does anyone know of a calculator that works out how much interest would you save when you add a lump sump in your vehicle repayments.
My car is financed over 72 months and purchase price was R165000.
I now have 60 months left on my loan with an outstanding amount of about R151000.
I will make a R5500 additional payment on the loan, how can I see what the difference would be?
All the calculators that I have seen are just basic with no option or field where you can additional payments.