$280,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
30 May 2015 (4 years, 10 months remaining)
Months
(4 years, 10 months )
%

$78,175 Information
Based on this OMV and registration date, this car is eligible for minimum 40% down payment.
$78,004
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$280,000
Monthly Installment
$3,313.75 /month for 4 years, 10 months (58 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$112,000 (40% of Car Price)
1st Installment
$3,313.75
Total Upfront Payment
$115,338.75

Loan Details

Total Loan
$168,000 Information
Total Interest
$24,198 Information
Total Sum Paid
$192,198 at the end of 4 years, 10 months (58 months)

Other Car Financial Details

COE
$78,004 Information
ARF Paid
$112,715 Information
PARF Rebate
You get back $56,358 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$45,876 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 -165,507 91,774 -73,732
Sep 2020 -162,999 91,124 -71,875
Oct 2020 -160,477 90,474 -70,003
Nov 2020 -157,941 89,824 -68,117
Dec 2020 -155,391 89,174 -66,217
Jan 2021 -152,827 88,524 -64,303
Feb 2021 -150,249 87,874 -62,374
Mar 2021 -147,656 87,224 -60,432
Apr 2021 -145,049 86,574 -58,475
May 2021 -142,429 85,924 -56,505
Jun 2021 -139,794 81,365 -58,428
Jul 2021 -137,145 80,715 -56,429
End Of Year 1 of Loan
Aug 2021 -134,481 80,065 -54,416
Sep 2021 -131,804 79,415 -52,389
Oct 2021 -129,113 78,765 -50,347
Nov 2021 -126,407 78,115 -48,292
Dec 2021 -123,687 77,465 -46,222
Jan 2022 -120,953 76,815 -44,138
Feb 2022 -118,205 76,165 -42,040
Mar 2022 -115,443 75,515 -39,928
Apr 2022 -112,667 74,865 -37,802
May 2022 -109,876 74,215 -35,661
Jun 2022 -107,072 69,656 -37,415
Jul 2022 -104,253 69,006 -35,247
End Of Year 2 of Loan
Aug 2022 -101,420 68,356 -33,064
Sep 2022 -98,573 67,706 -30,867
Oct 2022 -95,712 67,056 -28,656
Nov 2022 -92,836 66,406 -26,430
Dec 2022 -89,947 65,756 -24,191
Jan 2023 -87,043 65,106 -21,937
Feb 2023 -84,125 64,456 -19,670
Mar 2023 -81,194 63,806 -17,388
Apr 2023 -78,248 63,156 -15,092
May 2023 -75,287 62,506 -12,782
Jun 2023 -72,313 57,947 -14,366
Jul 2023 -69,325 57,297 -12,028
End Of Year 3 of Loan
Aug 2023 -66,322 56,647 -9,675
Sep 2023 -63,305 55,997 -7,308
Oct 2023 -60,274 55,347 -4,927
Nov 2023 -57,229 54,697 -2,532
Dec 2023 -54,170 54,047 -123
Jan 2024 -51,097 53,397 2,300
Feb 2024 -48,009 52,747 4,738
Mar 2024 -44,908 52,097 7,189
Apr 2024 -41,792 51,447 9,655
May 2024 -38,662 50,797 12,135
Jun 2024 -35,518 46,238 10,720
Jul 2024 -32,360 45,588 13,228
End Of Year 4 of Loan
Aug 2024 -29,187 44,938 15,750
Sep 2024 -26,001 44,288 18,287
Oct 2024 -22,800 43,638 20,837
Nov 2024 -19,586 42,988 23,402
Dec 2024 -16,357 42,338 25,981
Jan 2025 -13,114 41,688 28,574
Feb 2025 -9,856 41,038 31,181
Mar 2025 -6,585 40,388 33,802
Apr 2025 -3,300 39,738 36,438
May 2025 0 39,088 39,088
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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