CARS & TRANSPORT / FREE CALCULATOR

Balloon payment calculator

See the final balloon amount and the effect on interest and instalments.

Method and references reviewed 5 November 2026

YOUR NUMBERS

Let’s work it out.

Calculated on your device. Save a copy only when you choose.

A CLEARER PICTURE

Final balloon residual

R 60 000,00

Payable in addition to the last regular instalment

Regular monthly instalment: R 5 077,27
Final total payment including residual: R 65 077,29
Monthly instalment with no balloon: R 5 836,85
Additional interest from balloon: R 14 425,45

See the full breakdown

ESTIMATE · NOT A QUOTATION

Save this scenario, then change your inputs to compare the results.

BEHIND THE NUMBER

Your calculation, unpacked.

Regular monthly instalment: R 5 077,27
Final total payment including residual: R 65 077,29
Monthly instalment with no balloon: R 5 836,85
Additional interest from balloon: R 14 425,45
Total interest with balloon: R 94 636,22
Total repayments plus deposit: R 394 636,22

UNDERSTAND THE TRADE-OFFS

Small changes.
Different possibilities.

Try changing one input at a time. Compare the total cost, as well as the monthly number.

View repayment schedule · 60 payments

Payments, interest and remaining balance. Fees include ongoing insurance.
Payment	Date	Total paid	Principal	Interest	Fees	Balance
1	—	R 5 077,27	R 2 658,52	R 2 418,75	R 0,00	R 267 341,48
2	—	R 5 077,27	R 2 682,34	R 2 394,93	R 0,00	R 264 659,14
3	—	R 5 077,27	R 2 706,37	R 2 370,90	R 0,00	R 261 952,77
4	—	R 5 077,27	R 2 730,61	R 2 346,66	R 0,00	R 259 222,16
5	—	R 5 077,27	R 2 755,07	R 2 322,20	R 0,00	R 256 467,09
6	—	R 5 077,27	R 2 779,75	R 2 297,52	R 0,00	R 253 687,34
7	—	R 5 077,27	R 2 804,65	R 2 272,62	R 0,00	R 250 882,69
8	—	R 5 077,27	R 2 829,78	R 2 247,49	R 0,00	R 248 052,91
9	—	R 5 077,27	R 2 855,13	R 2 222,14	R 0,00	R 245 197,78
10	—	R 5 077,27	R 2 880,71	R 2 196,56	R 0,00	R 242 317,07
11	—	R 5 077,27	R 2 906,51	R 2 170,76	R 0,00	R 239 410,56
12	—	R 5 077,27	R 2 932,55	R 2 144,72	R 0,00	R 236 478,01

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THE WORKINGS

How this calculation works

Balloon equals purchase price × balloon percentage. Discount this residual in the repayment formula, then calculate monthly interest on the full outstanding balance. Compare with a zero-balloon schedule and show the final instalment including the residual.

A worked example

A 20% balloon on a R300 000 car is R60 000. It reduces regular instalments but the residual remains due and earns interest while outstanding.

Assumptions & limitations

Deposit plus balloon cannot exceed purchase price. Rates stay constant; fees, insurance, refinancing costs and early settlement charges are excluded. The car’s future sale price may be lower than the balloon.

Read a little further.

Loans & credit5 MIN READ

Understanding vehicle balloon payments

A smaller monthly instalment comes with a larger decision at the end.

Read the guide