$5,500

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
9 Jan 2009 (0 years, 11 months remaining)
Months
(0 years, 11 months )
%

$17,705
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$4,001
Commercial  

Results

Financial Commitment

Car Price
$5,500
Monthly Installment
$359.56 /month for 0 years, 11 months (11 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$1,650 (30% of Car Price)
1st Installment
$359.56
Total Upfront Payment
$2,034.56

Loan Details

Total Loan
$3,850 Information
Total Interest
$105 Information
Total Sum Paid
$3,955 at the end of 0 years, 11 months (11 months)

Other Car Financial Details

COE
$4,001 Information
ARF Paid
$17,705 Information
PARF Rebate
You get back $8,853 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'.
Jan 2021 -3,508 333 -3,175
Feb 2021 -3,164 300 -2,864
Mar 2021 -2,819 267 -2,552
Apr 2021 -2,472 233 -2,239
May 2021 -2,124 200 -1,924
Jun 2021 -1,774 167 -1,607
Jul 2021 -1,422 133 -1,289
Aug 2021 -1,069 100 -969
Sep 2021 -714 67 -648
Oct 2021 -358 33 -325
Nov 2021 0 0 0
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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