$22,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
3 Sep 2004 (0 years, 6 months remaining)
Months
(0 years, 6 months )
%

$21,926
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$21,466
Commercial  

Results

Financial Commitment

Car Price
$22,800
Monthly Installment
$2,313.97 /month for 0 years, 6 months (6 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$6,840 (30% of Car Price)
1st Installment
$2,313.97
Total Upfront Payment
$9,178.97

Loan Details

Total Loan
$15,960 Information
Total Interest
$204 Information
Total Sum Paid
$16,164 at the end of 0 years, 6 months (6 months)

Other Car Financial Details

COE
$21,466 Information
ARF Paid
$24,119 Information
PARF Rebate
You get back $12,059 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'.
Mar 2020 -11,424 894 -10,530
Apr 2020 -9,159 716 -8,443
May 2020 -6,884 537 -6,347
Jun 2020 -4,599 358 -4,241
Jul 2020 -2,304 179 -2,125
Aug 2020 0 0 0
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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