$32,500

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
7 Jul 2009 (1 years, 5 months remaining)
Months
(1 years, 5 months )
%

$30,513 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$7,490
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$32,500
Monthly Installment
$1,195.48 /month for 1 years, 5 months (17 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$9,750 (30% of Car Price)
1st Installment
$1,195.48
Total Upfront Payment
$10,970.48

Loan Details

Total Loan
$22,750 Information
Total Interest
$823 Information
Total Sum Paid
$23,573 at the end of 1 years, 5 months (17 months)

Other Car Financial Details

COE
$7,490 Information
ARF Paid
$30,513 Information
PARF Rebate
You get back $15,257 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'.
Jan 2022 -18,396 17,781 -615
Feb 2022 -17,287 17,718 432
Mar 2022 -16,172 17,656 1,484
Apr 2022 -15,052 17,594 2,542
May 2022 -13,926 17,531 3,605
Jun 2022 -12,795 15,943 3,148
Jul 2022 -11,659 15,881 4,222
Aug 2022 -10,517 15,818 5,301
Sep 2022 -9,370 15,756 6,386
Oct 2022 -8,218 15,693 7,476
Nov 2022 -7,060 15,631 8,571
Dec 2022 -5,897 15,569 9,672
End Of Year 1 of Loan
Jan 2023 -4,728 15,506 10,778
Feb 2023 -3,554 15,444 11,890
Mar 2023 -2,375 15,381 13,007
Apr 2023 -1,190 15,319 14,129
May 2023 0 15,257 15,257
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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