$33,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
3 Aug 2010 (0 years, 7 months remaining)
Months
(0 years, 7 months )
%

$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
$2,877.74 /month for 0 years, 7 months (7 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$9,900 (30% of Car Price)
1st Installment
$2,877.74
Total Upfront Payment
$12,802.74

Loan Details

Total Loan
$23,100 Information
Total Interest
$344 Information
Total Sum Paid
$23,444 at the end of 0 years, 7 months (7 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'.
Feb 2020 -17,008 44,618 27,610
Mar 2020 -14,204 44,354 30,150
Apr 2020 -11,388 44,090 32,702
May 2020 -8,559 43,826 35,266
Jun 2020 -5,719 43,562 37,843
Jul 2020 -2,865 43,298 40,432
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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