Mercantile Bank vehicle finance loans are there to help you with the purchase your next motor vehicle. Our loan calculator below will help you to calculate your likely monthly payment so that you can budget for your new vehicle.
Use the Mercantile Bank vehicle finance calculator to see how much each option will cost you overtime. This way you can make a better plan for your future expenses.
Estimated Month Repayments
to 240 months
Get a principal decision within 24 hours if all necessary documents have been provided.
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Minimum and maximum loan periods vary between 1 months and 10 years. Comparison interest rates vary between 6.55% and 60% p.a. Total interest repayments vary between R685.05 and R844.12 over the life of the loan. *Comparison rate is based on an unsecured loan of R20,000 for a term of 3 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. These rates can change without further notice. All rates quoted are per annum. For more information regarding fees click on "View fees & additional info +" for each product or contact the provider.