$17,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
19 Feb 2008 (1 years, 10 months remaining)
Months
(1 years, 10 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
$597.31 /month for 1 years, 10 months (22 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$5,340 (30% of Car Price)
1st Installment
$597.31
Total Upfront Payment
$5,962.31

Loan Details

Total Loan
$12,460 Information
Total Interest
$681 Information
Total Sum Paid
$13,141 at the end of 1 years, 10 months (22 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'.
Jan 2021 -11,922 11,700 -222
Feb 2021 -11,381 11,589 208
Mar 2021 -10,838 11,478 640
Apr 2021 -10,291 11,367 1,076
May 2021 -9,743 11,256 1,514
Jun 2021 -9,191 11,146 1,955
Jul 2021 -8,637 11,035 2,398
Aug 2021 -8,080 10,924 2,844
Sep 2021 -7,520 10,813 3,293
Oct 2021 -6,958 10,702 3,744
Nov 2021 -6,393 9,739 3,347
Dec 2021 -5,825 9,628 3,803
End Of Year 1 of Loan
Jan 2022 -5,255 9,518 4,263
Feb 2022 -4,682 9,407 4,725
Mar 2022 -4,106 9,296 5,190
Apr 2022 -3,527 9,185 5,658
May 2022 -2,946 9,074 6,128
Jun 2022 -2,362 8,963 6,601
Jul 2022 -1,776 8,853 7,077
Aug 2022 -1,187 8,742 7,555
Sep 2022 -595 8,631 8,036
Oct 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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