$27,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
21 Apr 2010 (0 years, 9 months remaining)
Months
(0 years, 9 months )
%

$22,106 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$20,802
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$27,800
Monthly Installment
$1,894.76 /month for 0 years, 9 months (9 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$8,340 (30% of Car Price)
1st Installment
$1,894.76
Total Upfront Payment
$10,259.76

Loan Details

Total Loan
$19,460 Information
Total Interest
$373 Information
Total Sum Paid
$19,833 at the end of 0 years, 9 months (9 months)

Other Car Financial Details

COE
$20,802 Information
ARF Paid
$22,106 Information
PARF Rebate
You get back $11,053 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'.
Feb 2021 -14,860 12,440 -2,420
Mar 2021 -13,031 12,266 -765
Apr 2021 -11,195 12,093 899
May 2021 -9,350 11,920 2,570
Jun 2021 -7,496 11,746 4,250
Jul 2021 -5,635 11,573 5,938
Aug 2021 -3,765 11,400 7,635
Sep 2021 -1,886 11,226 9,340
Oct 2021 0 11,053 11,053
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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