$68,900

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
18 Mar 2014 (2 years, 8 months remaining)
Months
(2 years, 8 months )
%

$22,511 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$76,999
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$68,900
Monthly Installment
$1,394.54 /month for 2 years, 8 months (32 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$20,670 (30% of Car Price)
1st Installment
$1,394.54
Total Upfront Payment
$22,089.54

Loan Details

Total Loan
$48,230 Information
Total Interest
$3,285 Information
Total Sum Paid
$51,515 at the end of 2 years, 8 months (32 months)

Other Car Financial Details

COE
$76,999 Information
ARF Paid
$23,515 Information
PARF Rebate
You get back $11,758 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$21,623 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'.
Aug 2021 -40,145 33,398 -6,747
Sep 2021 -38,943 32,756 -6,187
Oct 2021 -37,735 32,115 -5,620
Nov 2021 -36,521 31,473 -5,048
Dec 2021 -35,301 30,831 -4,469
Jan 2022 -34,074 30,190 -3,884
Feb 2022 -32,841 29,548 -3,293
Mar 2022 -31,602 28,906 -2,696
Apr 2022 -30,357 27,139 -3,218
May 2022 -29,106 26,498 -2,608
Jun 2022 -27,848 25,856 -1,992
Jul 2022 -26,584 25,214 -1,370
End Of Year 1 of Loan
Aug 2022 -25,314 24,573 -741
Sep 2022 -24,038 23,931 -107
Oct 2022 -22,755 23,289 534
Nov 2022 -21,466 22,648 1,181
Dec 2022 -20,171 22,006 1,835
Jan 2023 -18,870 21,364 2,494
Feb 2023 -17,563 20,723 3,160
Mar 2023 -16,249 20,081 3,832
Apr 2023 -14,929 18,314 3,384
May 2023 -13,603 17,672 4,069
Jun 2023 -12,271 17,030 4,760
Jul 2023 -10,932 16,389 5,456
End Of Year 2 of Loan
Aug 2023 -9,588 15,747 6,160
Sep 2023 -8,237 15,105 6,869
Oct 2023 -6,879 14,464 7,584
Nov 2023 -5,516 13,822 8,306
Dec 2023 -4,146 13,180 9,034
Jan 2024 -2,770 12,539 9,768
Feb 2024 -1,388 11,897 10,509
Mar 2024 0 11,256 11,256
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