$24,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
1 Mar 2007 (1 years remaining)
Months
(1 years)
%

$25,197
COE Car  

Results

Financial Commitment

Car Price
$24,800
Monthly Installment
$1,489.78 /month for 1 years (12 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$7,440 (30% of Car Price)
1st Installment
$1,489.78
Total Upfront Payment
$8,954.78

Loan Details

Total Loan
$17,360 Information
Total Interest
$517 Information
Total Sum Paid
$17,877 at the end of 1 years (12 months)

Other Car Financial Details

COE
$25,197 Information
ARF Paid
$16,891 Information
PARF Rebate
You get back $8,445 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'.
Apr 2021 -15,950 2,310 -13,640
May 2021 -14,533 2,100 -12,433
Jun 2021 -13,110 1,890 -11,220
Jul 2021 -11,679 1,680 -10,000
Aug 2021 -10,243 1,470 -8,773
Sep 2021 -8,799 1,260 -7,540
Oct 2021 -7,349 1,050 -6,300
Nov 2021 -5,893 840 -5,053
Dec 2021 -4,430 630 -3,800
Jan 2022 -2,960 420 -2,540
Feb 2022 -1,483 210 -1,273
Mar 2022 0 0 0
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.

Browse by Car Make