$5,500

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
9 Jan 2009 (0 years, 7 months remaining)
Months
(0 years, 7 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
$559.56 /month for 0 years, 7 months (7 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$1,650 (30% of Car Price)
1st Installment
$559.56
Total Upfront Payment
$2,234.56

Loan Details

Total Loan
$3,850 Information
Total Interest
$67 Information
Total Sum Paid
$3,917 at the end of 0 years, 7 months (7 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'.
Sep 2019 -3,307 200 -3,107
Oct 2019 -2,762 167 -2,595
Nov 2019 -2,214 133 -2,081
Dec 2019 -1,664 100 -1,564
Jan 2020 -1,112 67 -1,045
Feb 2020 -557 33 -524
Mar 2020 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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