$67,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
28 Sep 2010 (0 years, 8 months remaining)
Months
(0 years, 8 months )
%

$45,961 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$42,501
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$67,800
Monthly Installment
$5,186.02 /month for 0 years, 8 months (8 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$20,340 (30% of Car Price)
1st Installment
$5,186.02
Total Upfront Payment
$25,551.02

Loan Details

Total Loan
$47,460 Information
Total Interest
$808 Information
Total Sum Paid
$48,268 at the end of 0 years, 8 months (8 months)

Other Car Financial Details

COE
$42,501 Information
ARF Paid
$45,961 Information
PARF Rebate
You get back $22,981 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'.
Jun 2021 -35,674 25,460 -10,214
Jul 2021 -30,645 25,106 -5,539
Aug 2021 -25,593 24,751 -842
Sep 2021 -20,520 24,397 3,878
Oct 2021 -15,423 24,043 8,620
Nov 2021 -10,305 23,689 13,384
Dec 2021 -5,164 23,335 18,171
Jan 2022 0 22,981 22,981
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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