Kia Optima K5 2.0 (A)    Updated Loan Calculator

This car is no longer available in the market.
Latest OMV: $20,236
Engine Cap: 1998 cc
Power: 165Bhp @ 6200rpm
Torque: 198Nm @ 4600rpm
Type: Sedan
Euro NCAP: N.A
User Ratings: 3.50 from 2 reviews

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New Car Loan Calculator

» Updated for MAS Restrictions Revision on 27 Mar 2016

$
Includes VES Surcharge / Rebate
$
 of Car Price
years
%

$
Based on this OMV, this car is eligible for minimum 40% down payment
$
ARF = OMV + VES
$
cc

Results

Financial Commitment

Car Price
$151,999
Down Payment
$60,800 (40% of Car Price)
Monthly Installment
$1,297 for 7 years (84 months) Information

Loan Details

Total Loan
$91,199 Information
Total Interest
$17,747 Information
Total Sum Paid
$108,946 at the end of 7 years (84 months)

Other Car Financial Details

Annual Depreciation
$14,188 Information
COE
$79,601 Information
ARF Paid
$20,330 Information
PARF Rebate
You get back $10,165 at the end of 10th year (PARF Rebate) Information
Road Tax
$1,210 Information
Loan Redemption Amount Paper/Deregistration Value
Month Year Loan Redemption
Amount
Dereg
Value
Cash
Position
Jan 2022 107,649 94,185 3,866
Feb 2022 106,352 93,522 4,087
Mar 2022 105,055 92,859 4,313
Apr 2022 103,758 92,195 4,544
May 2022 102,461 91,532 4,780
Jun 2022 101,164 90,869 5,021
Jul 2022 99,867 90,205 5,267
Aug 2022 98,570 89,542 5,517
Sep 2022 97,274 88,879 5,773
Oct 2022 95,977 88,215 6,034
Nov 2022 94,680 87,552 6,300
Dec 2022 93,383 86,889 6,571
End Of Year 1
Jan 2023 92,086 86,225 6,846
Feb 2023 90,789 85,562 7,127
Mar 2023 89,492 84,899 7,413
Apr 2023 88,195 84,235 7,703
May 2023 86,898 83,572 7,999
Jun 2023 85,601 82,909 8,299
Jul 2023 84,304 82,245 8,605
Aug 2023 83,007 81,582 8,915
Sep 2023 81,710 80,919 9,231
Oct 2023 80,413 80,255 9,551
Nov 2023 79,116 79,592 9,877
Dec 2023 77,819 78,929 10,207
End Of Year 2
Jan 2024 76,522 78,265 10,543
Feb 2024 75,225 77,602 10,883
Mar 2024 73,928 76,939 11,228
Apr 2024 72,631 76,275 11,578
May 2024 71,334 75,612 11,934
Jun 2024 70,037 74,949 12,294
Jul 2024 68,740 74,285 12,659
Aug 2024 67,443 73,622 13,029
Sep 2024 66,146 72,959 13,404
Oct 2024 64,849 72,295 13,785
Nov 2024 63,552 71,632 14,170
Dec 2024 62,255 70,969 14,560
End Of Year 3
Jan 2025 60,958 70,305 14,955
Feb 2025 59,661 69,642 15,355
Mar 2025 58,364 68,978 15,760
Apr 2025 57,067 68,315 16,170
May 2025 55,770 67,652 16,584
Jun 2025 54,473 66,988 17,004
Jul 2025 53,176 66,325 17,429
Aug 2025 51,879 65,662 17,859
Sep 2025 50,582 64,998 18,294
Oct 2025 49,285 64,335 18,734
Nov 2025 47,988 63,672 19,178
Dec 2025 46,691 63,008 19,628
End Of Year 4
Jan 2026 45,394 62,345 20,083
Feb 2026 44,097 61,682 20,542
Mar 2026 42,800 61,018 21,007
Apr 2026 41,503 60,355 21,476
May 2026 40,206 59,692 21,951
Jun 2026 38,909 59,028 22,431
Jul 2026 37,612 58,365 22,915
Aug 2026 36,315 57,702 23,405
Sep 2026 35,018 57,038 23,899
Oct 2026 33,721 56,375 24,398
Nov 2026 32,425 55,712 24,903
Dec 2026 31,128 55,048 25,412
End Of Year 5
Jan 2027 29,831 53,368 24,910
Feb 2027 28,534 52,705 25,429
Mar 2027 27,237 52,042 25,954
Apr 2027 25,940 51,378 26,483
May 2027 24,643 50,715 27,017
Jun 2027 23,346 50,052 27,556
Jul 2027 22,049 49,388 28,100
Aug 2027 20,752 48,725 28,649
Sep 2027 19,455 48,062 29,204
Oct 2027 18,158 47,398 29,763
Nov 2027 16,861 46,735 30,327
Dec 2027 15,564 46,072 30,896
End Of Year 6
Jan 2028 14,267 44,392 30,453
Feb 2028 12,970 43,728 31,032
Mar 2028 11,673 43,065 31,616
Apr 2028 10,376 42,402 32,205
May 2028 9,079 41,738 32,799
Jun 2028 7,782 41,075 33,398
Jul 2028 6,485 40,412 34,001
Aug 2028 5,188 39,748 34,610
Sep 2028 3,891 39,085 35,224
Oct 2028 2,594 38,422 35,843
Nov 2028 1,297 37,758 36,466
Dec 2028 0 37,095 37,095
End Of Year 7
Jan 2029 0 35,415 35,415
Feb 2029 0 34,752 34,752
Mar 2029 0 34,089 34,089
Apr 2029 0 33,425 33,425
May 2029 0 32,762 32,762
Jun 2029 0 32,098 32,098
Jul 2029 0 31,435 31,435
Aug 2029 0 30,772 30,772
Sep 2029 0 30,108 30,108
Oct 2029 0 29,445 29,445
Nov 2029 0 28,782 28,782
Dec 2029 0 28,118 28,118
End Of Year 8
Jan 2030 0 26,439 26,439
Feb 2030 0 25,775 25,775
Mar 2030 0 25,112 25,112
Apr 2030 0 24,449 24,449
May 2030 0 23,785 23,785
Jun 2030 0 23,122 23,122
Jul 2030 0 22,459 22,459
Aug 2030 0 21,795 21,795
Sep 2030 0 21,132 21,132
Oct 2030 0 20,469 20,469
Nov 2030 0 19,805 19,805
Dec 2030 0 19,142 19,142
End Of Year 9
Jan 2031 0 17,462 17,462
Feb 2031 0 16,799 16,799
Mar 2031 0 16,135 16,135
Apr 2031 0 15,472 15,472
May 2031 0 14,809 14,809
Jun 2031 0 14,145 14,145
Jul 2031 0 13,482 13,482
Aug 2031 0 12,819 12,819
Sep 2031 0 12,155 12,155
Oct 2031 0 11,492 11,492
Nov 2031 0 10,829 10,829
Dec 2031 0 10,165 10,165
End Of Year 10

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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.