$33,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
3 Aug 2010 (1 years remaining)
Months
(1 years)
%

$86,067 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$31,689
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$33,000
Monthly Installment
$1,699.17 /month for 1 years (12 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$9,900 (30% of Car Price)
1st Installment
$1,699.17
Total Upfront Payment
$11,624.17

Loan Details

Total Loan
$23,100 Information
Total Interest
$590 Information
Total Sum Paid
$23,690 at the end of 1 years (12 months)

Other Car Financial Details

COE
$31,689 Information
ARF Paid
$86,067 Information
PARF Rebate
You get back $43,034 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'.
Sep 2019 -18,192 45,938 27,747
Oct 2019 -16,576 45,674 29,099
Nov 2019 -14,952 45,410 30,458
Dec 2019 -13,321 45,146 31,825
Jan 2020 -11,682 44,882 33,200
Feb 2020 -10,036 44,618 34,582
Mar 2020 -8,382 44,354 35,971
Apr 2020 -6,721 44,090 37,369
May 2020 -5,052 43,826 38,774
Jun 2020 -3,376 43,562 40,186
Jul 2020 -1,692 43,298 41,606
Aug 2020 0 43,034 43,034
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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