$69,800

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
13 May 2009 (1 years, 7 months remaining)
Months
(1 years, 7 months )
%

$95,203 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$8,501
PARF Car  (min PARF 50% of OMV)

Results

Financial Commitment

Car Price
$69,800
Monthly Installment
$2,308.21 /month for 1 years, 7 months (19 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$20,940 (30% of Car Price)
1st Installment
$2,308.21
Total Upfront Payment
$23,273.21

Loan Details

Total Loan
$48,860 Information
Total Interest
$1,976 Information
Total Sum Paid
$50,836 at the end of 1 years, 7 months (19 months)

Other Car Financial Details

COE
$8,501 Information
ARF Paid
$95,203 Information
PARF Rebate
You get back $47,602 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 2022 -39,769 53,637 13,867
Feb 2022 -37,648 53,566 15,918
Mar 2022 -35,517 53,495 17,978
Apr 2022 -33,375 53,424 20,049
May 2022 -31,223 53,353 22,130
Jun 2022 -29,060 53,283 24,222
Jul 2022 -26,887 53,212 26,324
Aug 2022 -24,704 48,381 23,677
Sep 2022 -22,510 48,310 25,800
Oct 2022 -20,306 48,239 27,933
Nov 2022 -18,091 48,168 30,077
Dec 2022 -15,866 48,097 32,231
End Of Year 1 of Loan
Jan 2023 -13,631 48,027 34,396
Feb 2023 -11,385 47,956 36,571
Mar 2023 -9,129 47,885 38,756
Apr 2023 -6,862 47,814 40,952
May 2023 -4,585 47,743 43,158
Jun 2023 -2,298 47,672 45,375
Jul 2023 0 47,602 47,602
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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