$63,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
28 Jun 2012 (1 years, 4 months remaining)
Months
(1 years, 4 months )
%

$26,995 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$59,004
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$63,800
Monthly Installment
$2,487.56 /month for 1 years, 4 months (16 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$19,140 (30% of Car Price)
1st Installment
$2,487.56
Total Upfront Payment
$21,652.56

Loan Details

Total Loan
$44,660 Information
Total Interest
$1,521 Information
Total Sum Paid
$46,181 at the end of 1 years, 4 months (16 months)

Other Car Financial Details

COE
$59,004 Information
ARF Paid
$26,995 Information
PARF Rebate
You get back $13,498 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$37,904 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'.
Mar 2021 -35,971 22,223 -13,749
Apr 2021 -33,652 21,731 -11,921
May 2021 -31,321 21,239 -10,081
Jun 2021 -28,978 20,748 -8,231
Jul 2021 -26,625 18,906 -7,719
Aug 2021 -24,261 18,415 -5,846
Sep 2021 -21,885 17,923 -3,962
Oct 2021 -19,498 17,431 -2,067
Nov 2021 -17,100 16,939 -160
Dec 2021 -14,691 16,448 1,757
Jan 2022 -12,270 15,956 3,686
Feb 2022 -9,838 15,464 5,626
End Of Year 1 of Loan
Mar 2022 -7,396 14,973 7,577
Apr 2022 -4,942 14,481 9,539
May 2022 -2,476 13,989 11,513
Jun 2022 0 13,498 13,498
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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