$56,666

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
16 May 2014 (5 years, 1 months remaining)
Months
(5 years, 1 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
$748.77 /month for 5 years, 1 months (61 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$17,000 (30% of Car Price)
1st Installment
$748.77
Total Upfront Payment
$17,773.57

Loan Details

Total Loan
$39,666 Information
Total Interest
$6,009 Information
Total Sum Paid
$45,675 at the end of 5 years, 1 months (61 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
$10,082 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 2019 -39,111 38,342 -770
Jun 2019 -38,553 37,286 -1,267
Jul 2019 -37,992 36,786 -1,206
Aug 2019 -37,427 36,286 -1,142
Sep 2019 -36,860 35,786 -1,074
Oct 2019 -36,289 35,286 -1,003
Nov 2019 -35,715 34,786 -929
Dec 2019 -35,138 34,286 -852
Jan 2020 -34,557 33,786 -772
Feb 2020 -33,974 33,286 -688
Mar 2020 -33,387 32,786 -602
Apr 2020 -32,797 32,286 -512
End Of Year 1 of Loan
May 2020 -32,204 31,786 -419
Jun 2020 -31,608 30,729 -878
Jul 2020 -31,008 30,229 -779
Aug 2020 -30,406 29,729 -676
Sep 2020 -29,800 29,229 -571
Oct 2020 -29,191 28,729 -462
Nov 2020 -28,579 28,229 -350
Dec 2020 -27,964 27,729 -234
Jan 2021 -27,345 27,229 -116
Feb 2021 -26,724 26,729 6
Mar 2021 -26,099 26,229 131
Apr 2021 -25,471 25,729 259
End Of Year 2 of Loan
May 2021 -24,839 25,229 390
Jun 2021 -24,205 24,173 -32
Jul 2021 -23,568 23,673 106
Aug 2021 -22,927 23,173 246
Sep 2021 -22,283 22,673 390
Oct 2021 -21,636 22,173 537
Nov 2021 -20,986 21,673 688
Dec 2021 -20,332 21,173 841
Jan 2022 -19,675 20,673 998
Feb 2022 -19,016 20,173 1,157
Mar 2022 -18,353 19,673 1,320
Apr 2022 -17,687 19,173 1,486
End Of Year 3 of Loan
May 2022 -17,017 18,673 1,656
Jun 2022 -16,345 17,617 1,272
Jul 2022 -15,669 17,117 1,448
Aug 2022 -14,990 16,617 1,627
Sep 2022 -14,308 16,117 1,809
Oct 2022 -13,623 15,617 1,994
Nov 2022 -12,934 15,117 2,182
Dec 2022 -12,243 14,617 2,374
Jan 2023 -11,548 14,117 2,569
Feb 2023 -10,850 13,617 2,767
Mar 2023 -10,149 13,117 2,968
Apr 2023 -9,445 12,617 3,172
End Of Year 4 of Loan
May 2023 -8,737 12,117 3,379
Jun 2023 -8,027 11,061 3,034
Jul 2023 -7,313 10,561 3,248
Aug 2023 -6,596 10,061 3,465
Sep 2023 -5,876 9,561 3,685
Oct 2023 -5,152 9,061 3,908
Nov 2023 -4,426 8,561 4,135
Dec 2023 -3,696 8,061 4,364
Jan 2024 -2,963 7,561 4,597
Feb 2024 -2,227 7,061 4,833
Mar 2024 -1,488 6,561 5,073
Apr 2024 -746 6,061 5,315
End Of Year 5 of Loan
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.

Browse by Car Make