$25,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
9 Sep 2008 (1 years remaining)
Months
(1 years)
%

$30,217 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
-
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$25,800
Monthly Installment
$1,328.44 /month for 1 years (12 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$7,740 (30% of Car Price)
1st Installment
$1,328.44
Total Upfront Payment
$9,093.44

Loan Details

Total Loan
$18,060 Information
Total Interest
$461 Information
Total Sum Paid
$18,521 at the end of 1 years (12 months)

Other Car Financial Details

COE
$0 Information
ARF Paid
$30,217 Information
PARF Rebate
You get back $15,109 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
- 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 2019 -14,223 16,619 2,397
Nov 2019 -12,959 16,619 3,660
Dec 2019 -11,690 16,619 4,930
Jan 2020 -10,415 16,619 6,205
Feb 2020 -9,133 16,619 7,486
Mar 2020 -7,846 16,619 8,773
Apr 2020 -6,553 16,619 10,066
May 2020 -5,255 16,619 11,365
Jun 2020 -3,950 16,619 12,670
Jul 2020 -2,639 16,619 13,980
Aug 2020 -1,323 16,619 15,297
Sep 2020 0 16,619 16,619
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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