$74,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
24 Mar 2016 (5 years, 2 months remaining)
Months
(5 years, 2 months )
%

$17,804 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$43,000
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$74,800
Monthly Installment
$974.54 /month for 5 years, 2 months (62 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$22,440 (30% of Car Price)
1st Installment
$974.54
Total Upfront Payment
$23,439.54

Loan Details

Total Loan
$52,360 Information
Total Interest
$8,062 Information
Total Sum Paid
$60,422 at the end of 5 years, 2 months (62 months)

Other Car Financial Details

COE
$43,000 Information
ARF Paid
$17,804 Information
PARF Rebate
You get back $8,902 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$12,777 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'.
Feb 2021 -51,641 35,211 -16,430
Mar 2021 -50,919 34,853 -16,066
Apr 2021 -50,192 33,604 -16,587
May 2021 -49,461 33,246 -16,215
Jun 2021 -48,726 32,888 -15,838
Jul 2021 -47,986 32,529 -15,457
Aug 2021 -47,243 32,171 -15,072
Sep 2021 -46,495 31,813 -14,683
Oct 2021 -45,744 31,454 -14,289
Nov 2021 -44,988 31,096 -13,892
Dec 2021 -44,228 30,738 -13,490
Jan 2022 -43,464 30,379 -13,085
End Of Year 1 of Loan
Feb 2022 -42,696 30,021 -12,675
Mar 2022 -41,924 29,663 -12,261
Apr 2022 -41,147 28,414 -12,733
May 2022 -40,367 28,056 -12,311
Jun 2022 -39,582 27,698 -11,885
Jul 2022 -38,793 27,339 -11,454
Aug 2022 -38,000 26,981 -11,019
Sep 2022 -37,203 26,623 -10,581
Oct 2022 -36,402 26,264 -10,138
Nov 2022 -35,597 25,906 -9,691
Dec 2022 -34,787 25,548 -9,240
Jan 2023 -33,974 25,189 -8,785
End Of Year 2 of Loan
Feb 2023 -33,156 24,831 -8,325
Mar 2023 -32,334 24,473 -7,862
Apr 2023 -31,508 23,224 -8,284
May 2023 -30,678 22,866 -7,813
Jun 2023 -29,844 22,507 -7,337
Jul 2023 -29,006 22,149 -6,857
Aug 2023 -28,163 21,791 -6,373
Sep 2023 -27,317 21,432 -5,884
Oct 2023 -26,466 21,074 -5,392
Nov 2023 -25,611 20,716 -4,896
Dec 2023 -24,752 20,357 -4,395
Jan 2024 -23,889 19,999 -3,890
End Of Year 3 of Loan
Feb 2024 -23,022 19,641 -3,381
Mar 2024 -22,151 19,282 -2,868
Apr 2024 -21,275 18,034 -3,241
May 2024 -20,396 17,676 -2,720
Jun 2024 -19,512 17,317 -2,195
Jul 2024 -18,624 16,959 -1,665
Aug 2024 -17,732 16,601 -1,132
Sep 2024 -16,836 16,242 -594
Oct 2024 -15,936 15,884 -52
Nov 2024 -15,031 15,526 494
Dec 2024 -14,123 15,167 1,044
Jan 2025 -13,210 14,809 1,599
End Of Year 4 of Loan
Feb 2025 -12,293 14,451 2,157
Mar 2025 -11,373 14,092 2,720
Apr 2025 -10,448 12,844 2,396
May 2025 -9,518 12,485 2,967
Jun 2025 -8,585 12,127 3,542
Jul 2025 -7,648 11,769 4,121
Aug 2025 -6,706 11,410 4,704
Sep 2025 -5,761 11,052 5,291
Oct 2025 -4,811 10,694 5,883
Nov 2025 -3,857 10,335 6,478
Dec 2025 -2,899 9,977 7,078
Jan 2026 -1,937 9,619 7,682
End Of Year 5 of Loan
Feb 2026 -970 9,260 8,290
Mar 2026 0 8,902 8,902
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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