$68,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
13 Oct 2015 (4 years, 9 months remaining)
Months
(4 years, 9 months )
%

$16,439 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$55,399
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$68,800
Monthly Installment
$964.51 /month for 4 years, 9 months (57 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$20,640 (30% of Car Price)
1st Installment
$964.51
Total Upfront Payment
$21,629.51

Loan Details

Total Loan
$48,160 Information
Total Interest
$6,817 Information
Total Sum Paid
$54,977 at the end of 4 years, 9 months (57 months)

Other Car Financial Details

COE
$55,399 Information
ARF Paid
$16,439 Information
PARF Rebate
You get back $8,220 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$12,849 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'.
Feb 2021 -47,431 37,360 -10,070
Mar 2021 -46,697 36,899 -9,798
Apr 2021 -45,959 36,437 -9,522
May 2021 -45,217 35,975 -9,242
Jun 2021 -44,472 35,514 -8,958
Jul 2021 -43,722 35,052 -8,670
Aug 2021 -42,967 34,590 -8,377
Sep 2021 -42,209 34,129 -8,080
Oct 2021 -41,447 33,667 -7,780
Nov 2021 -40,680 32,383 -8,297
Dec 2021 -39,909 31,922 -7,988
Jan 2022 -39,135 31,460 -7,675
End Of Year 1 of Loan
Feb 2022 -38,356 30,998 -7,357
Mar 2022 -37,573 30,537 -7,036
Apr 2022 -36,785 30,075 -6,710
May 2022 -35,994 29,613 -6,381
Jun 2022 -35,199 29,152 -6,047
Jul 2022 -34,399 28,690 -5,709
Aug 2022 -33,595 28,228 -5,367
Sep 2022 -32,788 27,767 -5,021
Oct 2022 -31,976 27,305 -4,671
Nov 2022 -31,160 26,021 -5,138
Dec 2022 -30,340 25,560 -4,780
Jan 2023 -29,515 25,098 -4,417
End Of Year 2 of Loan
Feb 2023 -28,687 24,636 -4,050
Mar 2023 -27,854 24,175 -3,679
Apr 2023 -27,018 23,713 -3,304
May 2023 -26,177 23,251 -2,925
Jun 2023 -25,332 22,790 -2,542
Jul 2023 -24,483 22,328 -2,155
Aug 2023 -23,630 21,867 -1,763
Sep 2023 -22,772 21,405 -1,368
Oct 2023 -21,911 20,943 -968
Nov 2023 -21,045 19,660 -1,386
Dec 2023 -20,176 19,198 -978
Jan 2024 -19,302 18,736 -566
End Of Year 3 of Loan
Feb 2024 -18,424 18,275 -150
Mar 2024 -17,542 17,813 271
Apr 2024 -16,656 17,351 695
May 2024 -15,766 16,890 1,124
Jun 2024 -14,871 16,428 1,557
Jul 2024 -13,973 15,966 1,994
Aug 2024 -13,070 15,505 2,435
Sep 2024 -12,163 15,043 2,880
Oct 2024 -11,252 14,581 3,329
Nov 2024 -10,337 13,298 2,960
Dec 2024 -9,418 12,836 3,418
Jan 2025 -8,495 12,374 3,879
End Of Year 4 of Loan
Feb 2025 -7,568 11,913 4,345
Mar 2025 -6,636 11,451 4,815
Apr 2025 -5,700 10,989 5,289
May 2025 -4,761 10,528 5,767
Jun 2025 -3,817 10,066 6,249
Jul 2025 -2,869 9,604 6,736
Aug 2025 -1,917 9,143 7,226
Sep 2025 -960 8,681 7,721
Oct 2025 0 8,220 8,220
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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