$17,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
19 Feb 2008 (2 years, 5 months remaining)
Months
(2 years, 5 months )
%

$15,491 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$13,301
PARF Car  (min PARF 55% of OMV)

Results

Financial Commitment

Car Price
$17,800
Monthly Installment
$460.60 /month for 2 years, 5 months (29 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$5,340 (30% of Car Price)
1st Installment
$460.60
Total Upfront Payment
$5,825.60

Loan Details

Total Loan
$12,460 Information
Total Interest
$897 Information
Total Sum Paid
$13,357 at the end of 2 years, 5 months (29 months)

Other Car Financial Details

COE
$13,301 Information
ARF Paid
$17,040 Information
PARF Rebate
You get back $8,520 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'.
Aug 2020 -12,059 13,328 1,268
Sep 2020 -11,656 13,217 1,560
Oct 2020 -11,251 13,106 1,854
Nov 2020 -10,845 12,995 2,151
Dec 2020 -10,435 12,884 2,449
Jan 2021 -10,024 11,921 1,897
Feb 2021 -9,611 11,811 2,199
Mar 2021 -9,196 11,700 2,504
Apr 2021 -8,779 11,589 2,810
May 2021 -8,359 11,478 3,119
Jun 2021 -7,938 11,367 3,429
Jul 2021 -7,515 11,256 3,742
End Of Year 1 of Loan
Aug 2021 -7,089 11,146 4,057
Sep 2021 -6,661 11,035 4,373
Oct 2021 -6,232 10,924 4,692
Nov 2021 -5,800 10,813 5,013
Dec 2021 -5,366 10,702 5,336
Jan 2022 -4,930 9,739 4,809
Feb 2022 -4,493 9,628 5,136
Mar 2022 -4,053 9,518 5,465
Apr 2022 -3,611 9,407 5,796
May 2022 -3,166 9,296 6,130
Jun 2022 -2,720 9,185 6,465
Jul 2022 -2,272 9,074 6,802
End Of Year 2 of Loan
Aug 2022 -1,822 8,963 7,142
Sep 2022 -1,369 8,853 7,483
Oct 2022 -915 8,742 7,827
Nov 2022 -459 8,631 8,172
Dec 2022 0 8,520 8,520
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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