$64,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
28 Aug 2008 (2 years, 4 months remaining)
Months
(2 years, 4 months )
%

$94,304 Information
Based on this OMV and registration date, this car is eligible for minimum 40% down payment.
$14,101
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$64,800
Monthly Installment
$1,485.12 /month for 2 years, 4 months (28 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$25,920 (40% of Car Price)
1st Installment
$1,485.12
Total Upfront Payment
$27,430.12

Loan Details

Total Loan
$38,880 Information
Total Interest
$2,703 Information
Total Sum Paid
$41,583 at the end of 2 years, 4 months (28 months)

Other Car Financial Details

COE
$14,101 Information
ARF Paid
$94,304 Information
PARF Rebate
You get back $47,152 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
- 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'.
Jan 2022 -37,581 65,413 27,832
Feb 2022 -36,276 65,296 29,020
Mar 2022 -34,964 65,178 30,214
Apr 2022 -33,645 65,061 31,416
May 2022 -32,320 59,757 27,437
Jun 2022 -30,988 59,639 28,651
Jul 2022 -29,649 59,522 29,872
Aug 2022 -28,304 59,404 31,100
Sep 2022 -26,952 59,287 32,334
Oct 2022 -25,594 59,169 33,575
Nov 2022 -24,228 59,052 34,823
Dec 2022 -22,856 58,934 36,078
End Of Year 1 of Loan
Jan 2023 -21,478 58,817 37,339
Feb 2023 -20,093 58,699 38,606
Mar 2023 -18,701 58,582 39,881
Apr 2023 -17,302 58,464 41,162
May 2023 -15,897 53,160 37,263
Jun 2023 -14,485 53,042 38,557
Jul 2023 -13,066 52,925 39,858
Aug 2023 -11,641 52,807 41,166
Sep 2023 -10,209 52,690 42,480
Oct 2023 -8,771 52,572 43,801
Nov 2023 -7,326 52,455 45,129
Dec 2023 -5,874 52,337 46,463
End Of Year 2 of Loan
Jan 2024 -4,415 52,220 47,804
Feb 2024 -2,950 52,102 49,152
Mar 2024 -1,478 51,985 50,506
Apr 2024 0 51,867 51,867
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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