$79,888

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
2 Jan 2013 (1 years, 9 months remaining)
Months
(1 years, 9 months )
%

$34,805 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$68,000
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$79,888
Monthly Installment
$2,401.55 /month for 1 years, 9 months (21 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$23,966 (30% of Car Price)
1st Installment
$2,401.55
Total Upfront Payment
$26,392.95

Loan Details

Total Loan
$55,922 Information
Total Interest
$2,500 Information
Total Sum Paid
$58,421 at the end of 1 years, 9 months (21 months)

Other Car Financial Details

COE
$68,000 Information
ARF Paid
$34,805 Information
PARF Rebate
You get back $17,403 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 -45,758 30,476 -15,282
Jul 2021 -43,573 29,909 -13,664
Aug 2021 -41,377 29,343 -12,035
Sep 2021 -39,171 28,776 -10,395
Oct 2021 -36,953 28,209 -8,744
Nov 2021 -34,725 27,643 -7,082
Dec 2021 -32,485 27,076 -5,409
Jan 2022 -30,235 26,509 -3,726
Feb 2022 -27,975 25,943 -2,032
Mar 2022 -25,703 23,636 -2,067
Apr 2022 -23,420 23,069 -351
May 2022 -21,127 22,503 1,376
End Of Year 1 of Loan
Jun 2022 -18,823 21,936 3,113
Jul 2022 -16,508 21,369 4,861
Aug 2022 -14,182 20,803 6,620
Sep 2022 -11,845 20,236 8,390
Oct 2022 -9,498 19,669 10,171
Nov 2022 -7,140 19,103 11,963
Dec 2022 -4,771 18,536 13,765
Jan 2023 -2,391 17,969 15,578
Feb 2023 0 17,403 17,403
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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