$25,500

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
27 May 2008 (1 years, 3 months remaining)
Months
(1 years, 3 months )
%

$21,018 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$19,501
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$25,500
Monthly Installment
$1,058.00 /month for 1 years, 3 months (15 months) Information

Upfront Payment

Transfer Fee
$11
Down Payment
$7,650 (30% of Car Price)
1st Installment
$1,058.00
Total Upfront Payment
$8,719.00

Loan Details

Total Loan
$17,850 Information
Total Interest
$570 Information
Total Sum Paid
$18,420 at the end of 1 years, 3 months (15 months)

Other Car Financial Details

COE
$19,501 Information
ARF Paid
$21,018 Information
PARF Rebate
You get back $10,509 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$12,791 Information
Loan Redemption Amount Paper/Deregistration Value
Month Year
Loan Redemption
Amount The amount to pay out to the bank upon the early settlement of loan. It is the oustanding minus the loan redemption.
Dereg Value Total value of PARF and COE Rebate, also known as 'Paper Value'.
Cash Position The cash balance of the car upon loan settlement and car degistration. If this value started to be greater than 0, it is commonly known as 'Break Even'.
Apr 2017 -14,313 14,991 678
May 2017 -13,322 14,828 1,507
Jun 2017 -12,325 14,666 2,341
Jul 2017 -11,324 13,347 2,023
Aug 2017 -10,319 13,185 2,866
Sep 2017 -9,308 13,022 3,714
Oct 2017 -8,293 12,860 4,567
Nov 2017 -7,273 12,697 5,424
Dec 2017 -6,248 12,535 6,287
Jan 2018 -5,219 12,372 7,154
Feb 2018 -4,184 12,210 8,025
Mar 2018 -3,145 12,047 8,902
End Of Year 1 of Loan
Apr 2018 -2,102 11,885 9,783
May 2018 -1,053 11,722 10,669
Jun 2018 0 11,560 11,560
Disclaimer: The Car Loan Calculator is used as a guide to help you to get a better sense of your financial commitments when buying a car. It does not warrant the accuracy, adequacy or completeness of the figures presented. Oneshift.com expressly disclaims liability for errors or omissions.

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