$27,888

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
3 Apr 2008 (2 years, 2 months remaining)
Months
(2 years, 2 months )
%

$19,328
COE Car  

Results

Financial Commitment

Car Price
$27,888
Monthly Installment
$799.31 /month for 2 years, 2 months (26 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$8,366 (30% of Car Price)
1st Installment
$799.31
Total Upfront Payment
$9,190.71

Loan Details

Total Loan
$19,522 Information
Total Interest
$1,260 Information
Total Sum Paid
$20,782 at the end of 2 years, 2 months (26 months)

Other Car Financial Details

COE
$19,328 Information
ARF Paid
$17,133 Information
PARF Rebate
You get back $8,567 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$13,415 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 -18,816 4,027 -14,789
May 2021 -18,106 3,866 -14,241
Jun 2021 -17,393 3,705 -13,688
Jul 2021 -16,676 3,543 -13,133
Aug 2021 -15,956 3,382 -12,574
Sep 2021 -15,232 3,221 -12,011
Oct 2021 -14,505 3,060 -11,444
Nov 2021 -13,774 2,899 -10,874
Dec 2021 -13,039 2,738 -10,301
Jan 2022 -12,301 2,577 -9,724
Feb 2022 -11,559 2,416 -9,143
Mar 2022 -10,813 2,255 -8,558
End Of Year 1 of Loan
Apr 2022 -10,064 2,094 -7,970
May 2022 -9,312 1,933 -7,379
Jun 2022 -8,555 1,772 -6,784
Jul 2022 -7,796 1,611 -6,185
Aug 2022 -7,032 1,450 -5,583
Sep 2022 -6,265 1,289 -4,977
Oct 2022 -5,495 1,127 -4,367
Nov 2022 -4,720 966 -3,754
Dec 2022 -3,943 805 -3,137
Jan 2023 -3,161 644 -2,517
Feb 2023 -2,376 483 -1,893
Mar 2023 -1,588 322 -1,266
End Of Year 2 of Loan
Apr 2023 -796 161 -635
May 2023 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