$56,666

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
16 May 2014 (5 years, 3 months remaining)
Months
(5 years, 3 months )
%

$11,121 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$60,002
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$56,666
Monthly Installment
$728.13 /month for 5 years, 3 months (63 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$17,000 (30% of Car Price)
1st Installment
$728.13
Total Upfront Payment
$17,752.93

Loan Details

Total Loan
$39,666 Information
Total Interest
$6,206 Information
Total Sum Paid
$45,872 at the end of 5 years, 3 months (63 months)

Other Car Financial Details

COE
$60,002 Information
ARF Paid
$11,121 Information
PARF Rebate
You get back $5,561 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$9,761 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 2019 -39,132 39,342 210
Apr 2019 -38,595 38,842 247
May 2019 -38,054 38,342 287
Jun 2019 -37,511 37,286 -225
Jul 2019 -36,964 36,786 -179
Aug 2019 -36,415 36,286 -129
Sep 2019 -35,862 35,786 -77
Oct 2019 -35,306 35,286 -21
Nov 2019 -34,748 34,786 38
Dec 2019 -34,186 34,286 100
Jan 2020 -33,621 33,786 165
Feb 2020 -33,053 33,286 233
End Of Year 1 of Loan
Mar 2020 -32,482 32,786 304
Apr 2020 -31,907 32,286 378
May 2020 -31,330 31,786 455
Jun 2020 -30,750 30,729 -20
Jul 2020 -30,166 30,229 63
Aug 2020 -29,580 29,729 150
Sep 2020 -28,990 29,229 239
Oct 2020 -28,397 28,729 332
Nov 2020 -27,802 28,229 428
Dec 2020 -27,203 27,729 527
Jan 2021 -26,601 27,229 628
Feb 2021 -25,996 26,729 733
End Of Year 2 of Loan
Mar 2021 -25,388 26,229 841
Apr 2021 -24,777 25,729 953
May 2021 -24,162 25,229 1,067
Jun 2021 -23,545 24,173 628
Jul 2021 -22,925 23,673 748
Aug 2021 -22,301 23,173 872
Sep 2021 -21,675 22,673 998
Oct 2021 -21,045 22,173 1,128
Nov 2021 -20,412 21,673 1,261
Dec 2021 -19,777 21,173 1,396
Jan 2022 -19,138 20,673 1,535
Feb 2022 -18,496 20,173 1,677
End Of Year 3 of Loan
Mar 2022 -17,851 19,673 1,822
Apr 2022 -17,203 19,173 1,970
May 2022 -16,552 18,673 2,121
Jun 2022 -15,897 17,617 1,720
Jul 2022 -15,240 17,117 1,877
Aug 2022 -14,580 16,617 2,037
Sep 2022 -13,916 16,117 2,201
Oct 2022 -13,250 15,617 2,367
Nov 2022 -12,580 15,117 2,537
Dec 2022 -11,907 14,617 2,710
Jan 2023 -11,231 14,117 2,885
Feb 2023 -10,553 13,617 3,064
End Of Year 4 of Loan
Mar 2023 -9,871 13,117 3,246
Apr 2023 -9,186 12,617 3,431
May 2023 -8,497 12,117 3,619
Jun 2023 -7,806 11,061 3,254
Jul 2023 -7,112 10,561 3,449
Aug 2023 -6,415 10,061 3,646
Sep 2023 -5,714 9,561 3,846
Oct 2023 -5,011 9,061 4,050
Nov 2023 -4,304 8,561 4,256
Dec 2023 -3,594 8,061 4,466
Jan 2024 -2,882 7,561 4,679
Feb 2024 -2,166 7,061 4,895
End Of Year 5 of Loan
Mar 2024 -1,447 6,561 5,114
Apr 2024 -725 6,061 5,335
May 2024 0 5,561 5,561
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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