$130,000

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
26 Dec 2013 (3 years, 3 months remaining)
Months
(3 years, 3 months )
%

$55,866 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$87,001
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$130,000
Monthly Installment
$2,193.70 /month for 3 years, 3 months (39 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$39,000 (30% of Car Price)
1st Installment
$2,193.70
Total Upfront Payment
$41,218.70

Loan Details

Total Loan
$91,000 Information
Total Interest
$7,554 Information
Total Sum Paid
$98,554 at the end of 3 years, 3 months (39 months)

Other Car Financial Details

COE
$87,001 Information
ARF Paid
$72,559 Information
PARF Rebate
You get back $36,279 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$28,812 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'.
Oct 2020 -76,184 63,863 -12,321
Nov 2020 -74,358 63,138 -11,220
Dec 2020 -72,523 62,413 -10,110
Jan 2021 -70,678 58,895 -11,783
Feb 2021 -68,823 58,170 -10,653
Mar 2021 -66,959 57,445 -9,514
Apr 2021 -65,085 56,720 -8,365
May 2021 -63,201 55,995 -7,206
Jun 2021 -61,307 55,270 -6,038
Jul 2021 -59,404 54,545 -4,859
Aug 2021 -57,491 53,820 -3,672
Sep 2021 -55,569 53,095 -2,474
End Of Year 1 of Loan
Oct 2021 -53,637 52,370 -1,267
Nov 2021 -51,695 51,645 -50
Dec 2021 -49,743 50,920 1,177
Jan 2022 -47,782 47,401 -381
Feb 2022 -45,811 46,676 865
Mar 2022 -43,830 45,951 2,121
Apr 2022 -41,840 45,226 3,386
May 2022 -39,840 44,501 4,661
Jun 2022 -37,830 43,776 5,946
Jul 2022 -35,811 43,051 7,240
Aug 2022 -33,782 42,326 8,544
Sep 2022 -31,743 41,601 9,858
End Of Year 2 of Loan
Oct 2022 -29,695 40,876 11,182
Nov 2022 -27,637 40,151 12,515
Dec 2022 -25,569 39,426 13,857
Jan 2023 -23,491 35,908 12,417
Feb 2023 -21,404 35,183 13,779
Mar 2023 -19,307 34,458 15,151
Apr 2023 -17,201 33,733 16,532
May 2023 -15,085 33,008 17,923
Jun 2023 -12,959 32,283 19,324
Jul 2023 -10,823 31,558 20,735
Aug 2023 -8,678 30,833 22,155
Sep 2023 -6,523 30,108 23,585
End Of Year 3 of Loan
Oct 2023 -4,358 29,383 25,025
Nov 2023 -2,184 28,658 26,474
Dec 2023 0 27,933 27,933
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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