$98,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
19 Jan 2015 (3 years, 9 months remaining)
Months
(3 years, 9 months )
%

$17,201 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$75,289
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$98,000
Monthly Installment
$1,694.80 /month for 3 years, 9 months (45 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$29,400 (30% of Car Price)
1st Installment
$1,694.80
Total Upfront Payment
$31,119.80

Loan Details

Total Loan
$68,600 Information
Total Interest
$7,666 Information
Total Sum Paid
$76,266 at the end of 3 years, 9 months (45 months)

Other Car Financial Details

COE
$75,289 Information
ARF Paid
$17,201 Information
PARF Rebate
You get back $8,601 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$23,698 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'.
May 2021 -67,239 38,787 -28,452
Jun 2021 -65,870 38,159 -27,710
Jul 2021 -64,493 37,532 -26,961
Aug 2021 -63,110 36,904 -26,205
Sep 2021 -61,718 36,277 -25,441
Oct 2021 -60,320 35,650 -24,670
Nov 2021 -58,914 35,022 -23,892
Dec 2021 -57,501 34,395 -23,106
Jan 2022 -56,080 33,767 -22,313
Feb 2022 -54,652 32,280 -22,372
Mar 2022 -53,216 31,652 -21,564
Apr 2022 -51,773 31,025 -20,748
End Of Year 1 of Loan
May 2022 -50,323 30,398 -19,925
Jun 2022 -48,865 29,770 -19,095
Jul 2022 -47,400 29,143 -18,257
Aug 2022 -45,927 28,515 -17,412
Sep 2022 -44,447 27,888 -16,559
Oct 2022 -42,960 27,261 -15,699
Nov 2022 -41,465 26,633 -14,832
Dec 2022 -39,963 26,006 -13,957
Jan 2023 -38,453 25,378 -13,075
Feb 2023 -36,936 23,891 -13,045
Mar 2023 -35,412 23,264 -12,148
Apr 2023 -33,880 22,636 -11,244
End Of Year 2 of Loan
May 2023 -32,341 22,009 -10,332
Jun 2023 -30,794 21,381 -9,413
Jul 2023 -29,240 20,754 -8,486
Aug 2023 -27,678 20,126 -7,552
Sep 2023 -26,109 19,499 -6,610
Oct 2023 -24,533 18,872 -5,662
Nov 2023 -22,950 18,244 -4,705
Dec 2023 -21,358 17,617 -3,742
Jan 2024 -19,760 16,989 -2,770
Feb 2024 -18,154 15,502 -2,652
Mar 2024 -16,541 14,875 -1,666
Apr 2024 -14,920 14,247 -673
End Of Year 3 of Loan
May 2024 -13,292 13,620 328
Jun 2024 -11,656 12,992 1,336
Jul 2024 -10,013 12,365 2,352
Aug 2024 -8,363 11,738 3,375
Sep 2024 -6,705 11,110 4,405
Oct 2024 -5,040 10,483 5,443
Nov 2024 -3,367 9,855 6,488
Dec 2024 -1,687 9,228 7,541
Jan 2025 0 8,601 8,601
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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