$44,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
29 Nov 2011 (2 years, 2 months remaining)
Months
(2 years, 2 months )
%

$21,037 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$48,006
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$44,800
Monthly Installment
$1,100.60 /month for 2 years, 2 months (26 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$13,440 (30% of Car Price)
1st Installment
$1,100.60
Total Upfront Payment
$14,565.60

Loan Details

Total Loan
$31,360 Information
Total Interest
$1,736 Information
Total Sum Paid
$33,096 at the end of 2 years, 2 months (26 months)

Other Car Financial Details

COE
$48,006 Information
ARF Paid
$21,037 Information
PARF Rebate
You get back $10,519 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$16,277 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'.
Nov 2019 -25,908 22,623 -3,285
Dec 2019 -24,931 22,223 -2,708
Jan 2020 -23,949 20,772 -3,178
Feb 2020 -22,962 20,371 -2,591
Mar 2020 -21,970 19,971 -1,999
Apr 2020 -20,974 19,571 -1,402
May 2020 -19,972 19,171 -801
Jun 2020 -18,965 18,771 -194
Jul 2020 -17,954 18,371 418
Aug 2020 -16,937 17,971 1,034
Sep 2020 -15,916 17,571 1,655
Oct 2020 -14,889 17,171 2,282
End Of Year 1 of Loan
Nov 2020 -13,858 16,771 2,913
Dec 2020 -12,821 16,371 3,549
Jan 2021 -11,780 14,919 3,139
Feb 2021 -10,734 14,519 3,785
Mar 2021 -9,683 14,119 4,436
Apr 2021 -8,627 13,719 5,092
May 2021 -7,566 13,319 5,753
Jun 2021 -6,500 12,919 6,419
Jul 2021 -5,429 12,519 7,090
Aug 2021 -4,353 12,119 7,766
Sep 2021 -3,272 11,719 8,447
Oct 2021 -2,186 11,319 9,132
End Of Year 2 of Loan
Nov 2021 -1,096 10,919 9,823
Dec 2021 0 10,519 10,519
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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